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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Markesan offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Markesan, WI is a small lakeside market with just 15 active Airbnb listings and a pronounced summer-driven revenue pattern that peaks sharply in July. With an average annual revenue of $61,517 and an above-average revenue-to-price ratio, this Wisconsin community offers an appealing entry point for investors seeking seasonal rental income tied to lake recreation and outdoor tourism. The limited supply and above-average supply/demand balance suggest room for well-positioned properties to capture meaningful bookings during the high season.
According to Rabbu market data, the Markesan short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 15 |
| Average Daily Rate (ADR) | vs. $368 state avg. | $359 |
| Average Occupancy Rate | vs. 38% state avg. | 29% |
| RevPAN | ADR * Occupancy Rate | $102 |
| Average Monthly Revenue | Historical 12-month average | $5,126 |
| Average Annual Revenue | Historical 12-month average | $61,517 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Markesan's combination of a strong revenue-to-price ratio and limited competition makes it compelling for investors seeking a seasonal lake-market play with favorable economics.
Key investment factors
"Markesan presents an attractive seasonal investment opportunity, driven by its lake and waterfront appeal in central Wisconsin. Revenue swings dramatically with the seasons — July listings average $15,347 while February dips to just $1,120 — so investors need to plan cash flow around a four-month high season from June through September. The ROI score of 71 out of 100 reflects solid fundamentals, particularly in revenue-to-price ratio and supply/demand balance, though below-average market growth trend warrants attention as new listings enter the market."
— Rabbu Market Analysis Team
Markesan's revenue profile is sharply seasonal, with July ($15,347) and August ($11,660) generating roughly four to thirteen times more revenue than winter months like February ($1,120). Investors should expect roughly 60% of annual income to be concentrated in the June–August window, making cash reserve planning essential for the off-season.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$2,346 |
| February |
|
$1,120 |
| March |
|
$2,763 |
| April |
|
$1,963 |
| May |
|
$3,548 |
| June |
|
$8,520 |
| July |
|
$15,347 |
| August |
|
$11,660 |
| September |
|
$5,095 |
| October |
|
$3,798 |
| November |
|
$2,886 |
| December |
|
$2,465 |
Property size breakdown data is not currently available for this market. With only 15 total active listings, the sample is small, and investors should evaluate individual property opportunities based on local demand signals and comparable performance.
| Size | Trend | Value |
|---|
ADR data by property size is not currently available for Markesan. The market-wide average of $359 per night provides a useful baseline, though rates likely vary based on bedroom count, lake proximity, and waterfront access.
| Size | Trend | Value |
|---|
RevPAN breakdown by property size is not available for this market. The overall market RevPAN of $102 reflects the combined effect of the $359 ADR and 29% occupancy rate, suggesting meaningful revenue is achievable primarily during peak season.
| Size | Trend | Value |
|---|
Occupancy data by bedroom count is not currently reported for Markesan. The market-wide 29% occupancy rate underscores the seasonal nature of demand, and investors should focus on maximizing bookings during the June–September high season.
| Size | Trend | Value |
|---|
Monthly revenue by property size is not available in the current dataset. Given the market's overall average of $5,126 per month, larger lakefront properties with strong amenities likely outperform this figure during summer while smaller units may trail in slower months.
| Size | Trend | Value |
|---|
Annual revenue data by property size is not currently available for Markesan. The market-wide average of $61,517 per year serves as a benchmark, though individual performance will depend heavily on property configuration and seasonal pricing optimization.
| Size | Trend | Value |
|---|
Parking (100%), kitchens (93%), and outdoor spaces like backyards and patios (87%) are nearly universal among Markesan listings, reflecting guest expectations for vacation-style lake properties. Lake access (73%) and pet-friendliness (73%) are strong differentiators, signaling that guests prioritize waterfront recreation and the ability to bring pets on their getaway.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
93% |
| Backyard |
|
87% |
| Patio or Balcony |
|
87% |
| Washer |
|
80% |
| Self Check-in |
|
80% |
| Outdoor Furniture |
|
80% |
| Dryer |
|
80% |
| BBQ Grill |
|
80% |
| Lake Access |
|
73% |
| Pets |
|
73% |
| Waterfront |
|
53% |
| Workspace |
|
53% |
| Beachfront |
|
27% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Markesan Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Above average | 30% |
| Market Growth Trend | Below average | 15% |
| Supply/Demand Balance | Above average | 15% |
Markesan's ROI score of 71 out of 100 places it in the "Attractive Opportunity" band, driven primarily by an above-average revenue-to-price ratio and favorable supply/demand balance that benefit investors in this small lake market. Occupancy stability also scores above average, providing confidence in the consistency of seasonal demand patterns. However, the below-average market growth trend suggests investors should pair this data with careful local regulatory research and monitor how the rapid 164% increase in listings affects per-property returns going forward.
Understanding local STR regulations is essential before investing in Markesan. Here's the current regulatory landscape:
Short-term rental operators in Markesan, Wisconsin may need to obtain a tourist rooming house license through the state and potentially register with local authorities. Investors should verify current permit and licensing requirements with the City of Markesan and the Wisconsin Department of Health Services before listing a property.
Common restrictions in Wisconsin STR markets can include occupancy limits, noise ordinances, parking requirements, and minimum stay rules. HOA covenants and any local zoning overlays may further restrict short-term rental activity, so prospective investors should review all applicable regulations at the property and municipal level.
Wisconsin imposes a state room tax and a county room tax on short-term rental stays, and hosts should also be aware of any local tourism or sales tax obligations. Major booking platforms typically collect and remit state-level taxes on behalf of hosts, but investors should confirm their full tax compliance with a local tax advisor.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Markesan can provide current regulatory guidance.
Financing an Airbnb investment in Markesan requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Markesan's STR market is likely to remain heavily seasonal, with the bulk of revenue concentrated between June and September. Given the 164% year-over-year growth in active listings, new supply may moderate per-property earnings slightly, though the market's above-average occupancy stability and favorable supply/demand balance should help cushion returns. Investors can reasonably expect ADR to hold in the $340–$370 range, with occupancy likely fluctuating between 25% and 35% depending on seasonal timing and property quality."
— 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 market conditions may have shifted since the reporting period. Local regulations, permit requirements, and tax obligations vary and should be independently verified before making investment decisions.
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