Plymouth, MI
- Overview
- Performance
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Key Performance Metrics
Market snapshotPerformance indicators for the Plymouth short-term rental market based on reliable data.
Listings
74 / 132
Reliable / Active
Cap Rate
8%
Middle-Earners Gross Yield
Revenue
$38,198
Middle-Earners Revenue
Occupancy
69%
Middle-Earners Occupancy
Home Value
$457,986
Median Home Sale Price
Top Earners
$76,373
Top-Earners Revenue
Plymouth
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Plymouth.
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Very Investor friendly
Plymouth Regulations
STRs are fully permitted city‑wide with no caps or city‑specific fees; investors only need the standard rental Certificate of Compliance (an inexpensive annual inspection) and Michigan’s 6% use tax, making compliance simple and the city’s tone supportive to investors.
Local STR Agent
STR specialist · Plymouth, MI
About Plymouth
Plymouth is a city in Wayne County in the U.S. state of Michigan. A western suburb of Detroit, Plymouth is located roughly 27 miles (43.5 km) northwest of downtown Detroit, and 18 miles (29.0 km) northeast of Ann Arbor. As of the 2020 census, the city had a population of 9,370. It is surrounded by, but independent of, Plymouth Township.