Suttons Bay, MI
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Suttons Bay short-term rental market based on reliable data.
Listings
49 / 244
Reliable / Active
Cap Rate
9%
Middle-Earners Gross Yield
Revenue
$52,813
Middle-Earners Revenue
Occupancy
51%
Middle-Earners Occupancy
Home Value
$607,371
Median Home Sale Price
Top Earners
$111,633
Top-Earners Revenue
Suttons Bay
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Suttons Bay.
Loading top listings...
Challenging to Investors
Suttons Bay Regulations
STRs are allowed but face a strict 45‑permit cap in the Village (currently full, so no new permits until attrition) and a 150‑permit cap in the Township, with a $200 annual fee and a limited application window, creating significant barriers to entry and moderate compliance costs.
Local STR Agent
STR specialist · Suttons Bay, MI
About Suttons Bay
Suttons Bay is a village in Leelanau County in the U.S. state of Michigan. The population was 613 at the 2020 census. Located within Suttons Bay Township, the community lies upon the shore of the eponymous Suttons Bay, a smaller inlet of Grand Traverse Bay, a bay of Lake Michigan.