Redford, MI
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Redford short-term rental market based on reliable data.
Listings
37 / 132
Reliable / Active
Cap Rate
13%
Middle-Earners Gross Yield
Revenue
$22,607
Middle-Earners Revenue
Occupancy
47%
Middle-Earners Occupancy
Home Value
$169,278
Median Home Sale Price
Top Earners
$38,540
Top-Earners Revenue
Redford
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Redford.
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Generally Investor friendly
Redford Regulations
Short-term rentals are allowed without caps, but require modest licensing ($50/year registration) and periodic inspections ($200 every three years), with standard state use tax and zoning verification—creating a clear, manageable compliance path with supportive tone.
Local STR Agent
STR specialist · Redford, MI
About Redford
Redford Township is a charter township in Wayne County in the U.S. state of Michigan. An inner-ring suburb of Detroit, Redford borders Detroit to the west, roughly 15 miles (24.1 km) northwest of downtown Detroit. As of the 2020 census, the township had a population of 49,504.