Thompsonville, MI
- Overview
- Performance
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Key Performance Metrics
Market snapshotPerformance indicators for the Thompsonville short-term rental market based on reliable data.
Listings
154 / 308
Reliable / Active
Cap Rate
12%
Middle-Earners Gross Yield
Revenue
$33,440
Middle-Earners Revenue
Occupancy
48%
Middle-Earners Occupancy
Home Value
$286,338
Median Home Sale Price
Top Earners
$81,193
Top-Earners Revenue
Thompsonville
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Thompsonville.
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Generally Investor friendly
Thompsonville Regulations
Most of Thompsonville’s area (Village/Colfax/Weldon) treats STRs as a permitted residential use with no city‑specific license or cap, keeping entry simple and low‑cost. Only Lake Township imposes moderate licensing, inspections, insurance, a 75‑unit cap, occupancy/parking limits, and annual renewals—manageable but not negligible compliance overhead.
Local STR Agent
STR specialist · Thompsonville, MI
About Thompsonville
Thompsonville, Michigan, is a quaint village located in Benzie County in the northwestern part of the Lower Peninsula of Michigan. With a population of approximately 450 residents, Thompsonville offers a small-town atmosphere ideal for those seeking a peaceful getaway. The village is roughly 32 miles southwest of Traverse City, a major city known for its scenic beauty, vibrant cultural scene, and access to Lake Michigan.
Thompsonville is best known for being home to Crystal Mountain, a premier four-season resort that attracts tourists year-round. Crystal Mountain offers skiing, snowboarding, golf, and spa services, making it a popular destination for both winter sports enthusiasts and summer travelers. Further information about Crystal Mountain can be found on their official website here.
In addition to Crystal Mountain, the nearby Betsie River is a popular site for fishing, kayaking, and canoeing. The 10.3-mile Betsie Valley Trail, stretching from Thompsonville to Frankfort, is a beautiful path for biking, hiking, and snowmobiling. This proximity to natural attractions makes Thompsonville an appealing location for short-term rentals, catering to outdoor enthusiasts and families alike.
Overall, Thompsonville’s charm lies in its serene environment, outdoor activities, and proximity to larger cities and significant landmarks, making it a highly appealing destination for short-term rental opportunities.