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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Cassopolis offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Cassopolis, MI is a small lakeside market in southwest Michigan that punches above its weight during summer months, with July and August revenues exceeding $11,000 per listing. With only 17 active Airbnb listings and an average daily rate of $379—above the $350 Michigan state average—this micro-market offers limited competition and premium pricing for well-positioned properties. The ROI score of 65 out of 100 reflects attractive revenue potential tempered by pronounced seasonality and below-average occupancy.
According to Rabbu market data, the Cassopolis short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 17 |
| Average Daily Rate (ADR) | vs. $350 state avg. | $379 |
| Average Occupancy Rate | vs. 42% state avg. | 16% |
| RevPAN | ADR * Occupancy Rate | $59 |
| Average Monthly Revenue | Historical 12-month average | $4,204 |
| Average Annual Revenue | Historical 12-month average | $50,458 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Cassopolis appeals to investors seeking a low-competition lakefront market with premium nightly rates and explosive summer revenue potential.
Key investment factors
"Cassopolis presents a moderately attractive opportunity for investors who are comfortable with a highly seasonal revenue profile. The market's strength lies in its concentrated summer peak—July and August alone can account for roughly 45% of total annual revenue—while the off-season from November through March sees monthly earnings drop below $2,000. With an average annual revenue of $50,458 against average home values of $601,867, the revenue-to-price ratio lands at an average level, meaning returns hinge on operational efficiency and smart pricing during peak weeks. For investors who can tolerate the cash-flow rhythm of a lake-driven market, Cassopolis offers real upside with limited competition."
— Rabbu Market Analysis Team
Cassopolis displays extreme seasonality, with July ($11,455) and August ($11,273) generating roughly 20 times the revenue of February ($574), the weakest month. The warm-season window from May through October accounts for the vast majority of annual income, making summer pricing strategy critical for investors.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$940 |
| February |
|
$574 |
| March |
|
$1,599 |
| April |
|
$1,372 |
| May |
|
$3,716 |
| June |
|
$6,504 |
| July |
|
$11,455 |
| August |
|
$11,273 |
| September |
|
$4,300 |
| October |
|
$3,601 |
| November |
|
$3,150 |
| December |
|
$1,969 |
Property size breakdown data is not currently available for Cassopolis. With only 17 total active listings, the market is too small for granular segmentation, though this limited supply itself represents an opportunity for well-positioned new entrants.
| Size | Trend | Value |
|---|
ADR data by property size is not available for this market at this time. The overall market ADR of $379 exceeds the state average, suggesting that regardless of size, properties in Cassopolis command premium nightly pricing tied to their lakefront appeal.
| Size | Trend | Value |
|---|
RevPAN by property size data is not currently reported for Cassopolis. The market-wide RevPAN of $59 reflects the impact of low off-season occupancy on an otherwise strong daily rate, highlighting the importance of maximizing bookings during peak months.
| Size | Trend | Value |
|---|
Occupancy rate breakdowns by bedroom count are not available for this market. The overall 16% occupancy rate—well below Michigan's 42% average—underscores the seasonal nature of demand, with most booked nights concentrated in the summer months.
| Size | Trend | Value |
|---|
Monthly revenue by property size is not currently segmented for Cassopolis due to the small listing pool. The market-wide monthly average of $4,204 blends strong summer earnings with minimal winter income, so investors should evaluate cash-flow needs on a seasonal basis.
| Size | Trend | Value |
|---|
Annual revenue data by property size is unavailable for this market. The overall average of $50,458 per year provides a useful baseline, though lakefront or waterfront properties with premium amenities likely outperform this figure significantly.
| Size | Trend | Value |
|---|
Parking and a full kitchen are universal (100%) across Cassopolis listings, while outdoor amenities like backyards, BBQ grills, patios, and outdoor furniture appear in 77–82% of properties—reflecting strong guest expectations for lake-vacation-style experiences. Lake access (65%) and waterfront positioning (35%) are notable differentiators, and properties offering these features are likely to command the highest rates and bookings.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
100% |
| Backyard |
|
82% |
| BBQ Grill |
|
82% |
| Washer |
|
82% |
| Patio or Balcony |
|
82% |
| Outdoor Furniture |
|
77% |
| Dryer |
|
77% |
| Self Check-in |
|
71% |
| Lake Access |
|
65% |
| Workspace |
|
47% |
| Waterfront |
|
35% |
| Beach Access |
|
29% |
| Hot Tub |
|
24% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Cassopolis Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Above average | 15% |
| Supply/Demand Balance | Average | 15% |
Cassopolis earns an ROI score of 65 out of 100, placing it in the 'Attractive Opportunity' band. The score reflects an average revenue-to-price ratio and solid supply/demand balance, boosted by an above-average market growth trend, though below-average occupancy stability weighs on the overall rating due to the market's sharp seasonal swings. Investors should pair this data with thorough local regulatory research and a realistic off-season cash-flow plan to make the most of Cassopolis's high-upside summer revenue window.
Understanding local STR regulations is essential before investing in Cassopolis. Here's the current regulatory landscape:
Short-term rental operators in Cassopolis, Michigan may need to obtain a local permit or register their property with the village or Cass County before hosting guests. Investors should verify current requirements directly with Cassopolis municipal offices and the State of Michigan, as rules can change.
Common restrictions in Michigan STR markets can include occupancy limits tied to bedroom count, minimum-night stay requirements, noise ordinances, parking mandates, and caps on the number of permits issued in a given area. HOA or lake association rules may impose additional constraints on rentals, particularly in waterfront communities like Cassopolis.
Michigan requires the collection of a 6% state use tax on short-term accommodations, and Cass County or local jurisdictions may levy additional occupancy or tourism taxes. Major booking platforms typically collect and remit state-level taxes on behalf of hosts, but operators should confirm all local obligations are covered.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Cassopolis can provide current regulatory guidance.
Financing an Airbnb investment in Cassopolis requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Cassopolis is likely to see continued strong summer demand driven by lake tourism, with peak-season ADRs potentially holding steady or rising 2–4% as supply remains tight at just 17 listings. However, the market's sharp seasonal swing—with winter months generating only a fraction of summer income—means annual occupancy will probably stay in the 15–20% range unless operators develop off-season pricing strategies. The above-average market growth trend is an encouraging signal, suggesting rising traveler interest in the area. Investors should plan cash reserves to bridge the November-through-April slowdown while capitalizing on the lucrative June–September window."
— 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 Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and may not capture very recent market shifts or regulatory changes. Individual property results will vary based on location, condition, amenities, pricing strategy, and management quality.
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