Southfield, MI
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Southfield short-term rental market based on reliable data.
Listings
36 / 139
Reliable / Active
Cap Rate
11%
Middle-Earners Gross Yield
Revenue
$25,834
Middle-Earners Revenue
Occupancy
56%
Middle-Earners Occupancy
Home Value
$242,694
Median Home Sale Price
Top Earners
$49,776
Top-Earners Revenue
Southfield
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Southfield.
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Generally Investor friendly
Southfield Regulations
STRs are clearly legal citywide with no caps, but investors must complete rental registration ($340 total), pass a 3‑hour inspection, address violations within 30 days, and renew every 3 years; enforcement is active with civil penalties up to $500, adding moderate cost and compliance friction.
Local STR Agent
STR specialist · Southfield, MI
About Southfield
Southfield is a city in Oakland County in the U.S. state of Michigan. An inner-ring suburb of Detroit, Southfield borders Detroit to the north, lying roughly 15 miles (24.1 km) northwest of downtown Detroit. As of the 2020 census, the city had a population of 76,618.Southfield is notable as the home of multiple business districts, including the Southfield City Centre (an edge city which contains the tallest building in Detroit's suburbs) and the area surrounding the former Northland Center shopping mall. It is also home to Lawrence Technological University. The city was originally part of Southfield Township before incorporating in 1958. The autonomous city of Lathrup Village is an enclave within Southfield.