Ontonagon, MI
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Ontonagon short-term rental market based on reliable data.
Listings
82 / 166
Reliable / Active
Cap Rate
23%
Middle-Earners Gross Yield
Revenue
$26,728
Middle-Earners Revenue
Occupancy
53%
Middle-Earners Occupancy
Home Value
$118,562
Median Home Sale Price
Top Earners
$38,262
Top-Earners Revenue
Ontonagon
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Ontonagon.
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Challenging to Investors
Ontonagon Regulations
Ontonagon permits short-term rentals but critical details of permits, fees, and caps are not publicly accessible, creating significant regulatory uncertainty and risk for investors.
Local STR Agent
STR specialist · Ontonagon, MI
About Ontonagon
Ontonagon ( ON-tə-NAH-gən) is a village in the Upper Peninsula of the U.S. state of Michigan. The population was 1,285 at the 2020 census. It is the county seat of Ontonagon County, and is the only incorporated place within the county.The village is located within Ontonagon Township, at the mouth of the Ontonagon River on Lake Superior. Industry was centered on the Smurfit-Stone Container production facility at the river mouth until the plant closed in 2010.