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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Boyne Falls offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Boyne Falls, MI punches above its weight as a short-term rental market, with an average daily rate of $516 — well ahead of Michigan's $350 state average — and a 50% occupancy rate that also outpaces the statewide 42%. Hosts here earn an average of $66,034 annually, driven largely by the area's draw as a four-season recreation destination anchored by Boyne Mountain Resort. With 161 active listings and a favorable revenue-to-price ratio, this northern Michigan market offers a compelling entry point for investors seeking resort-area returns without big-city price tags.
According to Rabbu market data, the Boyne Falls short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 161 |
| Average Daily Rate (ADR) | vs. $350 state avg. | $516 |
| Average Occupancy Rate | vs. 42% state avg. | 50% |
| RevPAN | ADR * Occupancy Rate | $259 |
| Average Monthly Revenue | Historical 12-month average | $5,502 |
| Average Annual Revenue | Historical 12-month average | $66,034 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Boyne Falls appeals to investors because of its above-average revenue-to-price ratio and strong seasonal demand driven by ski and summer recreation tourism.
Key investment factors
"Boyne Falls earns a Rabbu ROI Score of 69 out of 100 — an "Attractive Opportunity" rating underpinned by above-average revenue relative to property values and solid occupancy stability. The market's seasonality is dramatic: July revenues top $13,015 while April dips to just $1,797, so investors should plan cash reserves for the quieter shoulder months. Supply growth is a factor to watch — the 156% year-over-year increase in active listings signals rising competition — but the area's established reputation as a premier Michigan resort destination provides a durable demand floor that newer markets often lack."
— Rabbu Market Analysis Team
Boyne Falls exhibits extreme seasonality — July ($13,015) and August ($12,793) generate roughly seven times the revenue of the slowest month, April ($1,797). A modest winter bump in January ($4,999) reflects ski-season demand, while spring and late fall are the softest periods for hosts to plan around.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$4,999 |
| February |
|
$4,401 |
| March |
|
$3,426 |
| April |
|
$1,797 |
| May |
|
$3,643 |
| June |
|
$6,078 |
| July |
|
$13,015 |
| August |
|
$12,793 |
| September |
|
$5,446 |
| October |
|
$4,015 |
| November |
|
$1,904 |
| December |
|
$4,511 |
Three-bedroom properties make up the largest share of supply at 43 listings, while five-bedroom units are the scarcest with just 23. One-bedroom listings (28) are relatively underrepresented compared to mid-size properties, which could signal opportunity for investors targeting couples or solo travelers seeking smaller accommodations near the resort.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
28 |
| 2 bedrooms |
|
33 |
| 3 bedrooms |
|
43 |
| 4 bedrooms |
|
32 |
| 5 bedrooms |
|
23 |
ADR scales dramatically with size, climbing from $195 for one-bedroom units to $872 for four-bedrooms — the market's pricing sweet spot. Interestingly, five-bedroom properties average $786, below the four-bedroom tier, suggesting diminishing rate premiums at the largest sizes and making four-bedroom configurations the strongest from a nightly-rate perspective.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$195 |
| 2 bedrooms |
|
$326 |
| 3 bedrooms |
|
$471 |
| 4 bedrooms |
|
$872 |
| 5 bedrooms |
|
$786 |
Four- and five-bedroom properties deliver the strongest RevPAN at $344 and $343 respectively, more than double the $134 generated by one-bedroom units. Two- and three-bedroom listings cluster closely at $197 and $196, indicating that stepping up to the four-bedroom tier is where the meaningful jump in per-night revenue efficiency occurs.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$134 |
| 2 bedrooms |
|
$197 |
| 3 bedrooms |
|
$196 |
| 4 bedrooms |
|
$344 |
| 5 bedrooms |
|
$343 |
Smaller properties fill significantly more nights: one-bedrooms lead at 69% occupancy and two-bedrooms follow at 61%, while three- and four-bedroom units hover around 40–42%. This inverse relationship between size and occupancy means investors in smaller units can expect steadier booking flow, while larger property owners depend more heavily on peak-season revenue bursts.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
69% |
| 2 bedrooms |
|
61% |
| 3 bedrooms |
|
42% |
| 4 bedrooms |
|
40% |
| 5 bedrooms |
|
44% |
Four-bedroom properties top monthly revenue at $6,913, closely followed by five-bedrooms at $6,746, while one-bedrooms hold their own at $5,537 thanks to their strong occupancy. Three-bedroom units bring in the least at $4,427 per month — caught between lower nightly rates and moderate occupancy — suggesting they face the tightest competitive squeeze in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$5,537 |
| 2 bedrooms |
|
$4,984 |
| 3 bedrooms |
|
$4,427 |
| 4 bedrooms |
|
$6,913 |
| 5 bedrooms |
|
$6,746 |
Four-bedroom listings lead annual revenue at $82,966, with five-bedrooms close behind at $80,953, making larger properties the top earners in Boyne Falls. One-bedroom units punch above expectations at $66,454 annually — outperforming both two- and three-bedroom configurations — thanks to their 69% occupancy rate compensating for lower nightly rates.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$66,454 |
| 2 bedrooms |
|
$59,814 |
| 3 bedrooms |
|
$53,131 |
| 4 bedrooms |
|
$82,966 |
| 5 bedrooms |
|
$80,953 |
Kitchens (100%) and parking (98%) are essentially table stakes in Boyne Falls, while washers, dryers, and patios each appear in roughly 80% of listings. The 37% prevalence of ski-in/ski-out access and 38% with hot tubs highlight the resort-driven nature of guest expectations — investors who can offer these amenities are more likely to command premium rates and stand out in a growing supply environment.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
100% |
| Parking |
|
98% |
| Washer |
|
81% |
| Patio or Balcony |
|
81% |
| Dryer |
|
80% |
| Self Check-in |
|
71% |
| Outdoor Furniture |
|
54% |
| Backyard |
|
49% |
| BBQ Grill |
|
48% |
| Workspace |
|
47% |
| Pool |
|
46% |
| Gym |
|
40% |
| Hot Tub |
|
38% |
| Ski-in/Ski-out |
|
37% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Boyne Falls Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Above average | 30% |
| Market Growth Trend | Below average | 15% |
| Supply/Demand Balance | Below average | 15% |
Boyne Falls earns a 69 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" band. The market's strongest factors are its above-average revenue-to-price ratio and occupancy stability, meaning hosts are generating healthy income relative to what properties cost and doing so with reasonable consistency. However, below-average scores on market growth trend and supply/demand balance — reflecting the 156% year-over-year surge in listings — suggest investors should pair this data with thorough local regulatory research and competitive analysis before committing capital.
Understanding local STR regulations is essential before investing in Boyne Falls. Here's the current regulatory landscape:
Short-term rental operators in Boyne Falls, Michigan may need to register or obtain a permit through the local township or Charlevoix County. Investors should verify current requirements directly with local government offices before listing a property.
Common restrictions that may apply include occupancy limits tied to property size, minimum-stay requirements during certain seasons, noise ordinances, parking capacity rules, and any applicable HOA or resort community covenants. Michigan communities have been increasingly active in adopting STR-specific regulations, so it's important to stay current on any new ordinances.
Short-term rental hosts in Michigan are generally required to collect and remit state sales tax and any applicable local accommodations or tourism taxes. Many booking platforms handle tax collection automatically, but hosts should confirm their obligations with the Michigan Department of Treasury to ensure full compliance.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Boyne Falls can provide current regulatory guidance.
Financing an Airbnb investment in Boyne Falls requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Boyne Falls is expected to maintain its pronounced summer peak, with July and August likely continuing to generate monthly revenues in the $12,000–$13,000 range for the average listing. Winter ski-season demand should keep January and February revenues solid in the $4,400–$5,000 range, though shoulder months like April and November will remain soft. ADR could see modest gains of 1–3% as the market matures, but supply growth — listings jumped 156% year-over-year — may put slight downward pressure on occupancy if new inventory outpaces demand. Investors who price strategically and maintain high-quality listings are best positioned to capture consistent returns despite the expanding supply."
— Rabbu Market Analysis Team
Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.
Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Local regulations, permit requirements, and tax obligations can change — always verify current rules with municipal and county authorities before investing. Individual property results will vary based on location, condition, amenities, pricing strategy, and management quality.
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