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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Mears shows standout short-term rental potential based on its current revenue, occupancy, and pricing trends.
Mears, MI stands out as a highly seasonal vacation-rental market where summer demand drives outsized returns. With an average annual revenue of $87,466 against an average home value of $500,341, the revenue-to-price ratio lands well above average — a key reason the market earns a 77/100 ROI score. The small supply of just 25 active Airbnb listings and a premium ADR of $420 (versus Michigan's $350 state average) point to a niche market where well-positioned properties can command strong nightly rates during peak months.
According to Rabbu market data, the Mears short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 25 |
| Average Daily Rate (ADR) | vs. $350 state avg. | $420 |
| Average Occupancy Rate | vs. 42% state avg. | 22% |
| RevPAN | ADR * Occupancy Rate | $90 |
| Average Monthly Revenue | Historical 12-month average | $7,288 |
| Average Annual Revenue | Historical 12-month average | $87,466 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Investors are drawn to Mears for its exceptional revenue-to-price ratio and premium nightly rates in a compact lakeside vacation market with limited but growing supply.
Key investment factors
"Mears represents a standout seasonal opportunity rather than a year-round cash-flow play. Revenue swings dramatically — from roughly $1,259 in March to over $22,372 in July — so investors need to plan cash reserves for the quieter months spanning November through April. On the upside, the above-average revenue-to-price ratio and premium ADR make the summer earning window potent enough to carry the full year's economics for well-managed properties. Pairing a competitive listing with high-demand amenities like lake access and outdoor living space can help capture disproportionate share in this small, concentrated market."
— Rabbu Market Analysis Team
Revenue in Mears follows an extreme seasonal curve: July leads at $22,372 and August follows at $20,133, while March bottoms out at just $1,259 — a roughly 18x spread between peak and trough. Investors should plan for three to four months of strong income to carry the full year's expenses, with September ($8,212) and May ($5,813) offering meaningful shoulder-season contributions.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,868 |
| February |
|
$2,151 |
| March |
|
$1,259 |
| April |
|
$3,346 |
| May |
|
$5,813 |
| June |
|
$13,460 |
| July |
|
$22,372 |
| August |
|
$20,133 |
| September |
|
$8,212 |
| October |
|
$4,759 |
| November |
|
$2,194 |
| December |
|
$1,893 |
The 25 active listings in Mears are split across 2-bedroom (6), 3-bedroom (7), and 4-bedroom (9) properties, with larger homes making up the bulk of supply. The absence of 1-bedroom or studio listings suggests the market skews toward family and group travelers, and smaller units could represent an underserved niche if demand exists.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
6 |
| 3 bedrooms |
|
7 |
| 4 bedrooms |
|
9 |
ADR climbs steadily with size — $312 for 2-bedrooms, $402 for 3-bedrooms, and $478 for 4-bedrooms — reflecting a clear premium guests are willing to pay for additional space. The jump from 2 to 3 bedrooms ($90) is slightly larger than from 3 to 4 ($76), suggesting 3-bedroom properties offer a notable rate boost without the higher acquisition cost of a 4-bedroom.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$312 |
| 3 bedrooms |
|
$402 |
| 4 bedrooms |
|
$478 |
Two-bedroom properties deliver the highest RevPAN at $145, far outpacing 3-bedrooms ($66) and 4-bedrooms ($64), primarily because their 47% occupancy rate more than compensates for a lower nightly rate. This gap signals that 2-bedroom units are the most efficient revenue generators per available night in Mears, making them attractive for investors prioritizing yield efficiency.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$145 |
| 3 bedrooms |
|
$66 |
| 4 bedrooms |
|
$64 |
Occupancy rates drop sharply as property size increases: 2-bedrooms lead at 47%, while 3-bedrooms average 17% and 4-bedrooms just 13%. The substantially higher fill rate for smaller units points to steadier booking demand at lower price points, offering more consistent cash flow compared to larger properties that depend heavily on peak-season bookings.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
47% |
| 3 bedrooms |
|
17% |
| 4 bedrooms |
|
13% |
Four-bedroom properties edge out the competition with $7,598 in average monthly revenue, followed by 2-bedrooms at $6,643 and 3-bedrooms at $3,050. The 4-bedroom advantage comes from premium nightly rates during peak season despite low occupancy, while 2-bedrooms achieve nearly comparable revenue through much higher booking frequency.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$6,643 |
| 3 bedrooms |
|
$3,050 |
| 4 bedrooms |
|
$7,598 |
On an annual basis, 4-bedroom properties lead with $91,176 in revenue, and 2-bedrooms follow closely at $79,722 — both strong figures relative to local home values. Three-bedroom listings trail significantly at $36,606, suggesting that mid-size properties in Mears occupy an awkward middle ground where neither rate nor occupancy is optimized.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$79,722 |
| 3 bedrooms |
|
$36,606 |
| 4 bedrooms |
|
$91,176 |
Kitchens (100%), parking (96%), and laundry facilities (92% washer, 88% dryer) are table-stakes amenities in Mears, while outdoor-oriented features like BBQ grills (72%), outdoor furniture (68%), and lake access (60%) reflect the vacation character of the market. Investors looking to differentiate should consider premium additions like hot tubs (currently only 28%) or pet-friendliness (24%), which remain relatively uncommon but could attract incremental bookings.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
100% |
| Parking |
|
96% |
| Washer |
|
92% |
| Dryer |
|
88% |
| BBQ Grill |
|
72% |
| Self Check-in |
|
72% |
| Outdoor Furniture |
|
68% |
| Lake Access |
|
60% |
| Patio or Balcony |
|
56% |
| Backyard |
|
52% |
| Beach Access |
|
36% |
| Waterfront |
|
32% |
| Hot Tub |
|
28% |
| Pets |
|
24% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Mears Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Below average | 15% |
| Supply/Demand Balance | Average | 15% |
With a score of 77 out of 100, Mears falls into the 'Standout Opportunity' band, driven primarily by an above-average revenue-to-price ratio that makes acquisition economics attractive relative to income potential. Occupancy stability and supply/demand balance score in the average range, while the market growth trend sits below average — reflecting that the rapid 164% increase in active listings could pressure future returns if demand doesn't keep pace. Pairing this score with thorough local regulatory research and a realistic seasonal cash-flow model will give investors the clearest picture of whether Mears fits their portfolio.
Understanding local STR regulations is essential before investing in Mears. Here's the current regulatory landscape:
Operators in Mears should verify whether Oceana County or the applicable township in Michigan requires a short-term rental permit or registration before listing a property. Contacting the local zoning office or county clerk is the most reliable way to confirm current requirements.
Common restrictions that may apply include occupancy caps based on bedroom count, minimum-stay requirements during certain seasons, noise and quiet-hour ordinances, parking limits per property, and any HOA or deed restrictions that prohibit or limit short-term rentals. Because Mears sits within a resort-oriented area, local rules can vary by township, so investors should review both county and township-level regulations.
Michigan requires short-term rental operators to collect a 6% state use tax on accommodations, and certain localities may levy an additional assessment or convention and tourism tax. Major platforms like Airbnb often collect and remit state-level taxes automatically, but hosts should confirm local obligations separately to stay compliant.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Mears can provide current regulatory guidance.
Financing an Airbnb investment in Mears requires lenders who understand STR income. Rabbu partner lenders offer:
"Looking ahead 12–18 months, Mears is likely to remain a summer-driven market with July and August continuing to anchor the revenue calendar. Investors should expect occupancy to hover in the low-to-mid 20% range on an annualized basis, though peak-season fill rates will be substantially higher. ADR may see modest upward pressure of 2–5% given constrained supply, but the 164% year-over-year growth in active listings signals that competition is building quickly. Monitoring how the expanding supply affects occupancy and pricing through next summer will be essential for timing an entry."
— 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. Data reflects trailing 12-month averages and current snapshots; market conditions can shift due to regulatory changes, economic factors, or shifts in traveler demand. Local short-term rental regulations vary and should be independently verified before making an investment decision.
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