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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Millersburg shows standout short-term rental potential based on its current revenue, occupancy, and pricing trends.
Millersburg, MI is a small but compelling short-term rental market scoring 82 out of 100 on Rabbu's ROI scale — a standout opportunity driven largely by an above-average revenue-to-price ratio. With average home values around $341,060 and annual STR revenue averaging $44,146, investors can achieve meaningful yield relative to acquisition cost. The market's pronounced summer seasonality, with July revenue peaking at $10,824, points to strong vacation-driven demand anchored by the area's lakes and outdoor recreation.
According to Rabbu market data, the Millersburg short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 12 |
| Average Daily Rate (ADR) | vs. $350 state avg. | $175 |
| Average Occupancy Rate | vs. 42% state avg. | 22% |
| RevPAN | ADR * Occupancy Rate | $38 |
| Average Monthly Revenue | Historical 12-month average | $3,678 |
| Average Annual Revenue | Historical 12-month average | $44,146 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
A favorable revenue-to-price ratio and constrained supply make Millersburg attractive for investors seeking seasonal vacation rental income in northern Michigan.
Key investment factors
"Millersburg represents a strong seasonal opportunity for investors comfortable with a concentrated earnings window. The summer months of June, July, and August alone account for roughly 60% of annual revenue, with July topping $10,824 per listing on average. Winter months are notably quiet — January through March each yield under $830 — so this market rewards investors who can absorb off-season carrying costs. The above-average supply/demand balance and a favorable revenue-to-price ratio reinforce the market's appeal for buy-and-hold vacation rental strategies."
— Rabbu Market Analysis Team
Revenue in Millersburg follows an extremely seasonal curve, with July ($10,824) and August ($8,282) towering over winter months like January ($710) and February ($828) — a spread of more than $10,000 between peak and trough. Investors should expect roughly 60% of annual income to arrive between June and August, making summer optimization critical to overall returns.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$710 |
| February |
|
$828 |
| March |
|
$829 |
| April |
|
$1,890 |
| May |
|
$4,373 |
| June |
|
$7,832 |
| July |
|
$10,824 |
| August |
|
$8,282 |
| September |
|
$3,480 |
| October |
|
$2,668 |
| November |
|
$1,197 |
| December |
|
$1,229 |
The entire active supply in Millersburg is concentrated in 2-bedroom properties, with all 7 reportable listings falling into that category. This homogeneity could signal an opportunity for investors willing to offer larger or smaller configurations to capture underserved guest segments.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
7 |
Two-bedroom listings in Millersburg command an average daily rate of $210, which exceeds the overall market ADR of $175. With only one property size represented in the data, investors considering alternative bedroom counts would need to look at comparable rural Michigan markets for ADR benchmarks.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$210 |
Two-bedroom properties generate a RevPAN of $40, reflecting the combination of a solid $210 ADR with a modest 19% occupancy rate. This figure aligns closely with the market-wide RevPAN of $38, confirming that 2-bedrooms are the primary revenue driver in this small market.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$40 |
Two-bedroom listings average 19% occupancy, slightly below the market-wide 22% figure, indicating that the overall average may be lifted by a few higher-performing unlisted property types. While 19% may seem low, it reflects the deeply seasonal nature of the market rather than a lack of demand during peak months.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
19% |
Two-bedroom properties pull in an average of $4,314 per month, outpacing the market-wide monthly average of $3,678. This premium suggests that the 2-bedroom format aligns well with guest expectations in Millersburg's vacation-oriented market.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$4,314 |
At $51,776 in average annual revenue, 2-bedroom properties significantly exceed the market-wide average of $44,146, offering a compelling return against average home values of $341,060. This translates to a gross yield of roughly 15%, reinforcing the market's strong revenue-to-price dynamics.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$51,776 |
Parking, kitchens, and backyards each appear in 92% of Millersburg listings, establishing them as baseline expectations for guests — likely reflecting the rural, cabin-style nature of the market. Lake access (42%) and beach access (50%) highlight the waterfront appeal that drives summer demand, while BBQ grills (83%) and outdoor furniture (67%) signal that outdoor entertaining amenities are a competitive must-have.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
92% |
| Kitchen |
|
92% |
| Backyard |
|
92% |
| BBQ Grill |
|
83% |
| Outdoor Furniture |
|
67% |
| Dryer |
|
58% |
| Patio or Balcony |
|
58% |
| Washer |
|
58% |
| Beach Access |
|
50% |
| Self Check-in |
|
50% |
| Lake Access |
|
42% |
| Workspace |
|
42% |
| Pets |
|
25% |
| Waterfront |
|
25% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Millersburg Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Above average | 15% |
Millersburg's ROI score of 82 out of 100 places it in the Standout Opportunity band, driven primarily by an above-average revenue-to-price ratio and favorable supply/demand balance — only 12 listings serve the market's seasonal demand. Occupancy stability and market growth trend score as average, reflecting the deeply seasonal booking pattern and the small but growing inventory. Pairing this data with a thorough review of local Presque Isle County regulations and a conservative off-season budget will help investors set realistic expectations.
Understanding local STR regulations is essential before investing in Millersburg. Here's the current regulatory landscape:
Short-term rental operators in Millersburg, Michigan may need to obtain a local permit or register their property with the township or county. Investors should verify current requirements directly with Presque Isle County and the State of Michigan before listing a property.
Common restrictions in small Michigan communities can include occupancy limits based on bedroom count, noise and nuisance ordinances, minimum parking requirements, and septic system capacity rules for lakefront properties. HOA or deed restrictions may also apply in certain subdivisions, so reviewing property-level covenants is essential before purchasing.
Michigan requires short-term rental operators to collect and remit the state's 6% use tax, and many counties impose an additional accommodations or excise tax. Platforms like Airbnb often collect state taxes automatically, but investors should confirm local obligations with Presque Isle County to ensure full compliance.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Millersburg can provide current regulatory guidance.
Financing an Airbnb investment in Millersburg requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Millersburg's summer-dominant demand pattern is expected to persist, with peak-season months (June through August) likely continuing to generate the lion's share of annual income. ADR could edge up modestly — estimates suggest a 2–4% increase as supply remains limited at just 12 active listings — though occupancy will likely stay in the 20–25% range on an annualized basis given the highly seasonal nature of the market. Investors should plan cash reserves for the quieter winter months when revenue drops below $1,000 and budget accordingly for a strongly seasonal cash-flow profile."
— 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 seasonal anomalies. Local regulations, permit requirements, and tax obligations can change — always verify with municipal and county authorities before investing.
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