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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Marenisco shows standout short-term rental potential based on its current revenue, occupancy, and pricing trends.
Marenisco, MI stands out as a compelling short-term rental market driven by its lakefront appeal and outdoor recreation draw in Michigan's Upper Peninsula. With an average occupancy rate of 58% — well above the 42% state average — and an ADR of $266, the market delivers strong RevPAN of $154 despite its small inventory of just 24 active listings. The favorable supply/demand balance and above-average revenue-to-price ratio make this a market worth serious consideration for investors targeting nature-focused getaway destinations.
According to Rabbu market data, the Marenisco short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 24 |
| Average Daily Rate (ADR) | vs. $350 state avg. | $266 |
| Average Occupancy Rate | vs. 42% state avg. | 58% |
| RevPAN | ADR * Occupancy Rate | $154 |
| Average Monthly Revenue | Historical 12-month average | $2,474 |
| Average Annual Revenue | Historical 12-month average | $29,692 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Marenisco's combination of strong revenue relative to home prices, above-average occupancy, and limited supply creates an attractive entry point for STR investors seeking lakefront and outdoor recreation markets.
Key investment factors
"Marenisco presents a standout investment opportunity within Michigan's Upper Peninsula, supported by favorable revenue-to-price dynamics and occupancy that handily exceeds state benchmarks. Seasonality is a key consideration — August ($3,644) and January ($3,280) represent the revenue peaks, while April ($1,034) and November ($1,364) mark the softer months, reflecting a clear dual-season pattern around summer lakefront recreation and winter activities. The compact supply of just 24 listings, combined with above-average market growth trends and supply/demand balance, suggests room for new entrants who position their properties around the waterfront amenities guests clearly expect."
— Rabbu Market Analysis Team
Marenisco shows a clear dual-peak seasonality, with August ($3,644) and January ($3,280) as the top-earning months, while April ($1,034) is the weakest — a spread of roughly $2,600 between peak and trough. This pattern reflects summer lakefront demand and a winter recreation season, offering investors two distinct revenue windows rather than dependence on a single peak.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$3,280 |
| February |
|
$3,156 |
| March |
|
$2,446 |
| April |
|
$1,034 |
| May |
|
$1,392 |
| June |
|
$1,745 |
| July |
|
$3,001 |
| August |
|
$3,644 |
| September |
|
$2,467 |
| October |
|
$3,170 |
| November |
|
$1,364 |
| December |
|
$2,988 |
The market's 24 listings are heavily concentrated in 3-bedroom properties (14 listings), with just 5 two-bedroom units making up the remainder of reported inventory. The limited presence of smaller or studio-sized units could represent an opportunity for investors targeting budget-conscious travelers or couples seeking lakefront getaways.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
5 |
| 3 bedrooms |
|
14 |
ADR scales meaningfully with size in Marenisco — 3-bedroom properties command $271 per night compared to $190 for 2-bedroom units, a 43% premium. Given that acquisition costs may not increase proportionally, the 3-bedroom configuration appears to offer a stronger pricing position relative to investment.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$190 |
| 3 bedrooms |
|
$271 |
Three-bedroom properties deliver a RevPAN of $153, outperforming 2-bedroom listings at $105 by roughly 46%. This gap indicates that the higher ADR of 3-bedroom units translates directly into better revenue efficiency, making them the stronger earners on a per-available-night basis.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$105 |
| 3 bedrooms |
|
$153 |
Occupancy is remarkably consistent across property sizes, with 2-bedroom units at 55% and 3-bedroom units at 56%. This near-parity means the revenue advantage of larger properties is driven almost entirely by their higher nightly rates rather than differences in booking frequency.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
55% |
| 3 bedrooms |
|
56% |
Three-bedroom listings earn an average of $2,678 per month, roughly 54% more than the $1,739 generated by 2-bedroom properties. For investors weighing property size decisions, this $939 monthly gap can meaningfully impact cash flow and mortgage coverage.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$1,739 |
| 3 bedrooms |
|
$2,678 |
At $32,146 annually, 3-bedroom properties in Marenisco generate over $11,000 more per year than their 2-bedroom counterparts at $20,873. Against an average home value of $359,211, the 3-bedroom configuration offers clearly stronger return potential and should be the primary focus for revenue-oriented investors.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$20,873 |
| 3 bedrooms |
|
$32,146 |
Parking (100%), kitchen (96%), and backyard (92%) are near-universal in Marenisco listings, reflecting the rural, nature-oriented profile of the market. Lake access (71%) and waterfront (67%) presence on a majority of listings signals that proximity to water is a core guest expectation — investors without waterfront access may need to compensate with other standout features to compete effectively.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
96% |
| Backyard |
|
92% |
| Patio or Balcony |
|
83% |
| Lake Access |
|
71% |
| BBQ Grill |
|
67% |
| Self Check-in |
|
67% |
| Waterfront |
|
67% |
| Dryer |
|
63% |
| Washer |
|
63% |
| Outdoor Furniture |
|
46% |
| Pets |
|
42% |
| Beach Access |
|
33% |
| Beachfront |
|
17% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Marenisco Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Above average | 15% |
| Supply/Demand Balance | Above average | 15% |
Marenisco's ROI Score of 75 out of 100 places it in the 'Standout Opportunity' tier, driven primarily by an above-average revenue-to-price ratio and a favorable supply/demand balance that keeps competition manageable. The one softer note is occupancy stability, rated below average, which likely reflects the dual-season pattern with noticeable shoulder-period dips in April and November. Investors should pair these metrics with local regulatory research and a realistic assessment of seasonal cash flow to ensure the opportunity aligns with their investment goals.
Understanding local STR regulations is essential before investing in Marenisco. Here's the current regulatory landscape:
Short-term rental operators in Marenisco, Michigan may need to obtain a permit or register with local township authorities before listing a property. Investors should verify current requirements with Gogebic County and the Township of Marenisco, as regulations can change and may differ from broader state guidelines.
Common STR restrictions in Michigan communities can include occupancy limits tied to bedroom count, minimum stay requirements, noise ordinances, and parking regulations. HOA covenants may impose additional limitations on rental activity, so investors should review any applicable deed restrictions before purchasing a property in the area.
Short-term rental hosts in Michigan are typically subject to state sales tax and may owe local occupancy or tourism taxes. Platforms like Airbnb often collect and remit some of these taxes automatically, but hosts should confirm their full obligations with a tax professional familiar with Michigan's STR landscape.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Marenisco can provide current regulatory guidance.
Financing an Airbnb investment in Marenisco requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Marenisco's STR market is expected to continue benefiting from growing interest in remote lakefront and wilderness getaways. Seasonal revenue patterns suggest ADR could climb 2–4% as demand strengthens during peak summer and winter months, while occupancy is likely to hover in the 55–60% range annually. The 433% year-over-year growth in active listings signals rising investor interest, though supply remains modest enough to avoid saturation concerns in the near term. Investors entering now may benefit from first-mover advantages before the market matures further."
— 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 historical averages and may not capture very recent market shifts. Local regulations, tax obligations, and permit requirements are subject to change — always verify with local authorities before investing.
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