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
Sister Bay offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Sister Bay, a quintessential Door County destination on Wisconsin's scenic peninsula, presents an attractive short-term rental opportunity with an ROI score of 68 out of 100. With an average annual revenue of $66,106 across just 50 active listings and an above-average revenue-to-price ratio, this small but mighty market rewards operators who can capitalize on its intense summer tourism season. The market's compact supply and strong seasonal demand create meaningful earning potential, particularly for larger properties that command premium nightly rates.
According to Rabbu market data, the Sister Bay short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 50 |
| Average Daily Rate (ADR) | vs. $368 state avg. | $311 |
| Average Occupancy Rate | vs. 38% state avg. | 19% |
| RevPAN | ADR * Occupancy Rate | $60 |
| Average Monthly Revenue | Historical 12-month average | $5,508 |
| Average Annual Revenue | Historical 12-month average | $66,106 |
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 Sister Bay for its favorable revenue-to-price dynamics and the concentrated summer tourism demand that Door County consistently generates.
Key investment factors
"Sister Bay earns an "Attractive Opportunity" designation, driven primarily by its above-average revenue-to-price ratio and occupancy stability. The market's defining characteristic is extreme seasonality — average monthly revenue swings from roughly $1,670 in February to nearly $12,750 in August, creating a peak-to-trough ratio of over 7x. Investors who can weather lean winter months will find the summer earning potential compelling, especially with 4-bedroom properties pulling in close to $8,000 per month on average. The main caution: rapid supply growth (152% year-over-year) and below-average scores on both market growth trend and supply/demand balance suggest the window for easy entry may be narrowing."
— Rabbu Market Analysis Team
Sister Bay's revenue curve is dramatically seasonal — August leads at $12,747 closely followed by July at $12,719, while February bottoms out at just $1,672. This roughly 7.6x spread between peak and trough months means investors should plan cash reserves for the November–April stretch and maximize pricing during the five-month summer window that generates the vast majority of annual income.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,770 |
| February |
|
$1,672 |
| March |
|
$2,106 |
| April |
|
$2,017 |
| May |
|
$4,718 |
| June |
|
$8,025 |
| July |
|
$12,719 |
| August |
|
$12,747 |
| September |
|
$7,969 |
| October |
|
$7,365 |
| November |
|
$2,712 |
| December |
|
$2,280 |
Three-bedroom properties dominate Sister Bay's supply with 18 of the 50 active listings, followed by 2-bedrooms (13) and 4-bedrooms (11), while 1-bedroom units are the scarcest at just 6 listings. The relatively thin supply of 1-bedroom options could signal either lower demand for smaller units in this vacation-oriented market or a potential niche opportunity for investors targeting couples and solo travelers.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
6 |
| 2 bedrooms |
|
13 |
| 3 bedrooms |
|
18 |
| 4 bedrooms |
|
11 |
ADR scales steadily with size, from $176 for 1-bedroom listings to $414 for 4-bedrooms — a 2.35x premium for three additional bedrooms. The sharpest jump occurs between 2-bedrooms ($234) and 3-bedrooms ($363), suggesting that the move to a family-sized property unlocks a meaningful pricing tier in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$176 |
| 2 bedrooms |
|
$234 |
| 3 bedrooms |
|
$363 |
| 4 bedrooms |
|
$414 |
Two-bedroom properties deliver the highest RevPAN at $68, edging out 4-bedrooms at $64 and 3-bedrooms at $55, while 1-bedrooms trail at just $26. The strong showing by 2-bedrooms — driven by their notably higher 29% occupancy rate — suggests they offer an efficient balance of nightly rate and booking frequency for revenue generation.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$26 |
| 2 bedrooms |
|
$68 |
| 3 bedrooms |
|
$55 |
| 4 bedrooms |
|
$64 |
Two-bedroom listings stand out with 29% average occupancy, nearly double the 15% rate shared by 1-bedroom, 3-bedroom, and 4-bedroom units. For cash-flow-conscious investors, this occupancy advantage makes 2-bedrooms the most consistently booked option, though the lower occupancy of larger homes is partially offset by their substantially higher nightly rates.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
15% |
| 2 bedrooms |
|
29% |
| 3 bedrooms |
|
15% |
| 4 bedrooms |
|
15% |
Four-bedroom properties lead monthly revenue at $7,955, followed by 3-bedrooms at $5,641, 2-bedrooms at $4,645, and 1-bedrooms at $2,882. The gap between 3-bedroom and 4-bedroom monthly earnings ($2,314) is the largest step-up across sizes, underscoring the premium that larger vacation homes command in Door County's family and group travel market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$2,882 |
| 2 bedrooms |
|
$4,645 |
| 3 bedrooms |
|
$5,641 |
| 4 bedrooms |
|
$7,955 |
Annual revenue climbs from $34,584 for 1-bedroom units to $95,469 for 4-bedroom properties, with each additional bedroom adding meaningful income. Four-bedroom homes earn nearly 2.8x what 1-bedrooms generate, making them the strongest gross revenue play — though investors should weigh the higher acquisition and operating costs against that top-line figure.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$34,584 |
| 2 bedrooms |
|
$55,748 |
| 3 bedrooms |
|
$67,693 |
| 4 bedrooms |
|
$95,469 |
Self check-in, parking, and a full kitchen each appear in 94% of Sister Bay listings, reflecting baseline guest expectations in a drive-to vacation market. Outdoor-focused amenities like BBQ grills (82%), patios (76%), and backyards (72%) are also widespread, while differentiators like lake access (12%), hot tubs (12%), and waterfront location (8%) remain rare — offering potential competitive advantages for properties that can feature them.
| Amenity | Trend | Value |
|---|---|---|
| Self Check-in |
|
94% |
| Parking |
|
94% |
| Kitchen |
|
94% |
| Washer |
|
90% |
| Dryer |
|
88% |
| BBQ Grill |
|
82% |
| Patio or Balcony |
|
76% |
| Backyard |
|
72% |
| Workspace |
|
70% |
| Outdoor Furniture |
|
68% |
| Pets |
|
44% |
| Lake Access |
|
12% |
| Hot Tub |
|
12% |
| Waterfront |
|
8% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Sister Bay Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Above average | 30% |
| Market Growth Trend | Below average | 15% |
| Supply/Demand Balance | Below average | 15% |
Sister Bay's ROI score of 68 out of 100 places it in the "Attractive Opportunity" band, anchored by above-average marks in both revenue-to-price ratio and occupancy stability — two factors that together account for 70% of the score's weighting. The below-average ratings for market growth trend and supply/demand balance reflect the rapid 152% increase in active listings, a signal that competition is intensifying even as the underlying demand remains healthy. Investors should pair these data points with thorough local regulatory research and a realistic off-season cash flow plan before committing.
Understanding local STR regulations is essential before investing in Sister Bay. Here's the current regulatory landscape:
Short-term rental operators in Sister Bay, Wisconsin, may be required to obtain a tourist rooming house license through the Village of Sister Bay and the State of Wisconsin. Investors should verify current permit and registration requirements directly with local authorities before listing a property.
Common restrictions in Wisconsin STR markets can include occupancy limits based on bedroom count, minimum stay requirements, noise and nuisance ordinances, parking mandates, and potential HOA covenants that limit or prohibit rentals. Some municipalities also impose caps on the number of permits issued, so confirming availability early in the due diligence process is advisable.
Wisconsin imposes a state room tax as well as a county and local room tax on short-term rental income, and Door County has its own tourism-related tax obligations. Major booking platforms typically collect and remit state and county taxes on behalf of hosts, but operators should confirm all applicable obligations with a local tax professional.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Sister Bay can provide current regulatory guidance.
Financing an Airbnb investment in Sister Bay requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Sister Bay's short-term rental market is expected to continue delivering strong summer returns, with July and August revenue likely holding near $12,700+ per month for the average listing. However, active listing counts grew 152% year-over-year, which could pressure occupancy and ADR if supply continues expanding at this pace. Investors should anticipate occupancy settling in the 18–22% range on an annualized basis given the market's sharp seasonality, with ADR potentially holding steady or seeing modest 1–3% adjustments depending on how quickly new supply is absorbed. Pairing a well-positioned property with competitive off-season pricing could help offset the naturally quieter winter months."
— 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 as of April 2026; market conditions may shift due to regulatory changes, economic factors, or seasonal variation. Individual property results will vary based on location, quality, amenities, pricing strategy, and management approach.
Ready to invest in Sister Bay'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