Browse Airbnbs for Sale
Explore active Airbnbs and STR-ready homes in Charlotte with verified income data.
View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Mohawk shows standout short-term rental potential based on its current revenue, occupancy, and pricing trends.
Mohawk, MI earns an ROI score of 84 out of 100 — a standout opportunity in Rabbu's framework — driven by an above-average revenue-to-price ratio and steady occupancy that significantly outpaces the Michigan state average. With just 44 active Airbnb listings, this small Keweenaw Peninsula market offers limited competition and an average annual revenue of $48,100 against average home values of $373,224. Strong seasonal demand fueled by lakefront access, outdoor recreation, and Upper Peninsula tourism keeps occupancy at 62%, well above the 42% state benchmark.
According to Rabbu market data, the Mohawk short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 44 |
| Average Daily Rate (ADR) | vs. $350 state avg. | $293 |
| Average Occupancy Rate | vs. 42% state avg. | 62% |
| RevPAN | ADR * Occupancy Rate | $182 |
| Average Monthly Revenue | Historical 12-month average | $4,008 |
| Average Annual Revenue | Historical 12-month average | $48,100 |
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 Mohawk for its compelling revenue-to-price ratio, above-average occupancy stability, and the competitive advantage of operating in a low-supply lakefront market.
Key investment factors
"Mohawk represents a compelling niche opportunity for investors who can manage around its seasonal revenue curve. Peak months — July at $7,550 and August at $7,324 — deliver roughly five to six times the revenue of the slowest month (November at $1,260), so cash-flow planning needs to account for meaningful off-season dips. That said, the market's above-average occupancy stability and favorable revenue-to-price dynamics make it a standout compared to many Michigan markets. Investors targeting 2–4 bedroom properties with waterfront access and outdoor amenities are best positioned to capture the bulk of demand in this small, tourism-driven Upper Peninsula market."
— Rabbu Market Analysis Team
Mohawk's revenue peaks sharply in July ($7,550) and August ($7,324), with September ($5,673) extending the high season, while November ($1,260) and April ($1,585) mark the deepest troughs — a roughly 6x spread that underscores the importance of summer tourism to annual cash flow. Winter months like January ($4,108) and February ($4,646) show a secondary bump, likely from snowmobiling and winter recreation traffic.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$4,108 |
| February |
|
$4,646 |
| March |
|
$2,745 |
| April |
|
$1,585 |
| May |
|
$2,874 |
| June |
|
$3,663 |
| July |
|
$7,550 |
| August |
|
$7,324 |
| September |
|
$5,673 |
| October |
|
$4,530 |
| November |
|
$1,260 |
| December |
|
$2,137 |
Two-bedroom properties dominate Mohawk's supply with 17 of the 44 active listings, while 4-bedroom units are the scarcest at just 5 listings. The limited supply of larger homes could represent an opportunity for investors, especially given that 4-bedroom properties lead in both occupancy and revenue.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
10 |
| 2 bedrooms |
|
17 |
| 3 bedrooms |
|
10 |
| 4 bedrooms |
|
5 |
ADR climbs from $183 for 1-bedroom listings to $409 for 4-bedroom properties, with 2- and 3-bedroom units sharing the same $306 rate. The jump to $409 for 4-bedroom homes — paired with their highest occupancy — suggests that larger properties command a genuine premium in this market without sacrificing bookings.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$183 |
| 2 bedrooms |
|
$306 |
| 3 bedrooms |
|
$306 |
| 4 bedrooms |
|
$409 |
Four-bedroom properties deliver the highest RevPAN at $279, well ahead of 2-bedroom units at $193 and 3-bedroom listings at $155. The gap between 3-bedroom ($155) and 2-bedroom ($193) RevPAN is notable, suggesting that the extra bedroom doesn't always translate to better per-night yield at that size tier.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$118 |
| 2 bedrooms |
|
$193 |
| 3 bedrooms |
|
$155 |
| 4 bedrooms |
|
$279 |
Four-bedroom listings lead occupancy at 68%, followed closely by 1-bedrooms at 65% and 2-bedrooms at 63%, while 3-bedroom properties lag at 51%. The strong occupancy for larger units signals that group travelers and families are a core demand driver in Mohawk, offering more predictable cash flow for bigger properties.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
65% |
| 2 bedrooms |
|
63% |
| 3 bedrooms |
|
51% |
| 4 bedrooms |
|
68% |
Monthly revenue scales consistently with size, from $2,319 for 1-bedroom units up to $5,411 for 4-bedroom properties. The step up from 2-bedroom ($4,113) to 3-bedroom ($4,443) is relatively modest, while the leap to 4-bedroom revenue is more pronounced — reinforcing the case for larger-format investments in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$2,319 |
| 2 bedrooms |
|
$4,113 |
| 3 bedrooms |
|
$4,443 |
| 4 bedrooms |
|
$5,411 |
Annual revenue ranges from $27,829 for 1-bedroom listings to $64,939 for 4-bedroom properties, making the largest units the strongest earners by a wide margin. Three-bedroom properties at $53,316 offer a solid middle ground, though 4-bedroom homes deliver roughly $11,600 more per year — a meaningful difference that could justify the higher acquisition cost.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$27,829 |
| 2 bedrooms |
|
$49,356 |
| 3 bedrooms |
|
$53,316 |
| 4 bedrooms |
|
$64,939 |
Parking is universal across Mohawk listings at 100%, and kitchens (93%), BBQ grills (80%), and backyards (77%) round out the top amenities — reflecting the outdoor, self-sufficient nature of Upper Peninsula getaways. Notably, 57% of listings offer lake access and 50% are waterfront, signaling that proximity to water is a key differentiator guests expect in this market.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
93% |
| BBQ Grill |
|
80% |
| Backyard |
|
77% |
| Self Check-in |
|
71% |
| Patio or Balcony |
|
71% |
| Outdoor Furniture |
|
71% |
| Washer |
|
66% |
| Dryer |
|
64% |
| Lake Access |
|
57% |
| Waterfront |
|
50% |
| Pets |
|
43% |
| Beach Access |
|
41% |
| Workspace |
|
36% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Mohawk Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Above average | 30% |
| Market Growth Trend | Below average | 15% |
| Supply/Demand Balance | Average | 15% |
Mohawk's ROI score of 84 out of 100 places it in the Standout Opportunity tier, driven primarily by an above-average revenue-to-price ratio and above-average occupancy stability — the two most heavily weighted factors. The below-average market growth trend is worth noting, as it suggests revenue isn't accelerating rapidly, but the current fundamentals are strong enough to compensate. Investors should pair these metrics with on-the-ground regulatory research and a clear strategy for managing seasonal revenue swings to maximize returns.
Understanding local STR regulations is essential before investing in Mohawk. Here's the current regulatory landscape:
Short-term rental operators in Mohawk, Michigan may be required to obtain permits or register with local authorities, and Keweenaw County or township-level regulations may also apply. Investors should verify current permit requirements directly with the Village of Mohawk and the State of Michigan before listing a property.
Common STR restrictions in Michigan communities can include occupancy limits, minimum stay requirements, noise ordinances, parking mandates, and caps on the number of permits issued. HOA covenants in certain neighborhoods may impose additional restrictions, so reviewing deed restrictions and community rules is an essential step before purchasing.
Michigan requires short-term rental operators to collect and remit the state's 6% use tax and potentially local assessment or tourism taxes. Many booking platforms handle tax collection automatically, but hosts should confirm their obligations with the Michigan Department of Treasury and any applicable local taxing authority.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Mohawk can provide current regulatory guidance.
Financing an Airbnb investment in Mohawk requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Mohawk's short-term rental market is expected to sustain healthy summer-driven demand, with July and August likely continuing to anchor annual revenue at $7,000–$7,500 per month. Active listings grew 157% year-over-year, suggesting increasing investor interest that could gradually compress occupancy if supply outpaces demand — though the market remains very small at 44 total listings. We estimate ADR may hold steady or see modest 1–3% increases given the area's niche appeal, though the below-average market growth trend in the ROI score signals that revenue acceleration shouldn't be assumed. Investors entering now benefit from a still-uncrowded market, but should plan cash flow around pronounced seasonality with softer months like April and November."
— 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 historical averages and market conditions may have shifted since the analysis period. Local regulations, permit requirements, and tax obligations vary and should be independently verified before investing.
Ready to invest in Mohawk's short-term rental market? Take action with these resources:
Explore active Airbnbs and STR-ready homes in Charlotte with verified income data.
View PropertiesWork with specialized agents who've helped investors acquire over $650M in STR properties.
Find an AgentQualify for as low as 15% down on a DSCR loan using the rental property's projected income.
Find a Lender