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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Northport offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Northport, MI is a small but compelling lakeside market where short-term rentals command an average daily rate of $316 and generate roughly $52,968 in annual revenue. With only 25 active Airbnb listings and a dramatic summer peak—July revenues exceeding $12,100—investors are looking at a highly seasonal destination with concentrated earning potential. The market's 92% year-over-year listing growth signals rising investor interest, though the intimate supply keeps the competitive landscape manageable for well-positioned properties.
According to Rabbu market data, the Northport 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. | $316 |
| Average Occupancy Rate | vs. 42% state avg. | 29% |
| RevPAN | ADR * Occupancy Rate | $93 |
| Average Monthly Revenue | Historical 12-month average | $4,414 |
| Average Annual Revenue | Historical 12-month average | $52,968 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Northport appeals to investors seeking a seasonal vacation-rental market with limited competition, strong summer premiums, and waterfront-driven demand on Michigan's Leelanau Peninsula.
Key investment factors
"With an ROI score of 63 out of 100, Northport represents an attractive opportunity that balances healthy revenue potential against elevated property values averaging nearly $1.57 million. Seasonality is the defining characteristic here—monthly revenue swings from around $1,217 in February to over $12,100 in July, making cash-flow planning essential. The market's above-average growth trend and occupancy stability provide a solid foundation, though the average 29% occupancy rate (below the 42% state average) reflects the concentrated summer demand rather than a weakness in the market itself. Investors who build their financial models around the peak season and treat shoulder months as upside will find this market rewards that approach."
— Rabbu Market Analysis Team
Northport exhibits extreme seasonality, with July ($12,104) and August ($11,106) generating roughly 8–10 times the revenue of the slowest months like February ($1,217) and December ($1,583). Investors should plan for about 44% of annual revenue to arrive in just two months, with a meaningful shoulder season in September ($5,539) and October ($4,325) extending cash flow into fall.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,587 |
| February |
|
$1,217 |
| March |
|
$1,392 |
| April |
|
$1,899 |
| May |
|
$3,900 |
| June |
|
$6,332 |
| July |
|
$12,104 |
| August |
|
$11,106 |
| September |
|
$5,539 |
| October |
|
$4,325 |
| November |
|
$1,978 |
| December |
|
$1,583 |
One-bedroom units dominate supply with 9 of the 25 active listings, while 2-bedroom and 4-bedroom properties each account for 5 listings. The absence of 3-bedroom listings in the data could signal an underserved niche where investors might capture demand from mid-size family groups without direct competition.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
9 |
| 2 bedrooms |
|
5 |
| 4 bedrooms |
|
5 |
ADR scales sharply with property size in Northport—from $120 for 1-bedroom units to $459 for 4-bedroom homes, nearly a 4x premium. The jump from 2 bedrooms ($201) to 4 bedrooms ($459) is particularly steep, suggesting that larger properties catering to groups and families can command significant nightly rates in this lakeside market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$120 |
| 2 bedrooms |
|
$201 |
| 4 bedrooms |
|
$459 |
Four-bedroom properties deliver the highest RevPAN at $141, far outpacing 1-bedrooms ($47) and 2-bedrooms ($29). This makes larger homes the clear revenue-efficiency leaders in Northport, combining strong nightly rates with reasonable occupancy to generate the best return per available night.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$47 |
| 2 bedrooms |
|
$29 |
| 4 bedrooms |
|
$141 |
One-bedroom listings lead occupancy at 39%, likely benefiting from lower price points that attract more frequent bookings, while 4-bedrooms maintain a solid 31%. Two-bedroom properties trail significantly at just 14% occupancy, which may indicate pricing misalignment or lower demand for that configuration in a market where guests tend toward either compact getaways or larger group stays.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
39% |
| 2 bedrooms |
|
14% |
| 4 bedrooms |
|
31% |
Four-bedroom properties are the top monthly earners at $7,861, more than triple the $2,238 generated by 1-bedroom units and over double the $3,068 from 2-bedroom listings. For investors targeting meaningful monthly cash flow in Northport, larger properties clearly deliver the strongest returns despite higher operating costs.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$2,238 |
| 2 bedrooms |
|
$3,068 |
| 4 bedrooms |
|
$7,861 |
At $94,332 in annual revenue, 4-bedroom properties in Northport earn roughly 2.6 times what 2-bedroom listings generate ($36,819) and 3.5 times the 1-bedroom average ($26,858). Given the market's elevated home values, investors should model whether the revenue premium of a larger property justifies the additional acquisition and maintenance costs relative to smaller, lower-cost alternatives.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$26,858 |
| 2 bedrooms |
|
$36,819 |
| 4 bedrooms |
|
$94,332 |
Parking (96%) and self check-in (92%) are near-universal in Northport, reflecting the car-dependent, rural nature of the market and guest expectations for hassle-free arrivals. Outdoor amenities dominate the list—patios (84%), outdoor furniture (56%), backyards (56%), and BBQ grills (52%)—while lake access (44%) and beach access (40%) highlight the waterfront appeal that defines this market's draw.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
96% |
| Self Check-in |
|
92% |
| Patio or Balcony |
|
84% |
| Workspace |
|
76% |
| Kitchen |
|
72% |
| Washer |
|
64% |
| Dryer |
|
64% |
| Outdoor Furniture |
|
56% |
| Backyard |
|
56% |
| Pets |
|
52% |
| BBQ Grill |
|
52% |
| Lake Access |
|
44% |
| Beach Access |
|
40% |
| Waterfront |
|
32% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Northport Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Above average | 30% |
| Market Growth Trend | Above average | 15% |
| Supply/Demand Balance | Average | 15% |
Northport's ROI score of 63 out of 100 places it in the "Attractive Opportunity" band, driven by above-average occupancy stability and market growth trend alongside average revenue-to-price and supply/demand metrics. The score reflects a market where strong seasonal revenue potential is tempered by high property values (averaging $1.57M), meaning investors need to be strategic about property selection and pricing to hit attractive return thresholds. Pairing this data with thorough research into Leelanau County's local STR regulations and zoning rules will help investors build a complete picture before committing capital.
Understanding local STR regulations is essential before investing in Northport. Here's the current regulatory landscape:
Short-term rental operators in Northport, Michigan may be required to obtain a permit or register with local township authorities, and investors should verify current requirements with Leelanau County and the Village of Northport before listing a property.
Common restrictions in Michigan vacation-rental markets can include occupancy limits, noise ordinances, parking requirements, minimum-stay rules, and HOA covenants—particularly in waterfront communities. Investors should review any local zoning overlays and homeowner association bylaws that could affect rental eligibility or operations.
Michigan requires short-term rental operators to collect the state's 6% use tax, and many local jurisdictions add an accommodation or excise tax on top. Major booking platforms typically handle tax collection and remittance, but hosts should confirm compliance with the Michigan Department of Treasury.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Northport can provide current regulatory guidance.
Financing an Airbnb investment in Northport requires lenders who understand STR income. Rabbu partner lenders offer:
"Northport's above-average occupancy stability and market growth trend suggest continued demand strengthening over the next 12–18 months, particularly as the Leelanau Peninsula draws more summer and shoulder-season visitors. ADR could see modest increases in the 2–4% range during peak months given the limited supply, while annual occupancy may settle around 28–32% as new listings absorb some demand. Investors who optimize for the June-through-September window should capture the lion's share of annual revenue, with fall color season providing a meaningful secondary boost."
— 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 recent regulatory changes or market shifts. Individual property results will vary based on location, condition, pricing strategy, and management quality.
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