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Madison Heights

Oakland County, MI

STR Investment Grade

Transparent Scoring
B+
72/100
BUY
Score Breakdown
💰Cash-on-Cash
25/35
🏠Affordability
18/25
📅Year-Round Income
9/15
🤝Landlord Friendly
8/10
📈Room to Grow
12/15
Cash-on-Cash
13.5%
Good (10%+)
Median Home
$212K
Affordable
Room to Grow
12/15
Good Headroom

STRs Generally Permitted

STRs generally allowed with standard permits

No major restrictions known. Standard registration and tax collection may be required. Check local ordinances for specific requirements.

Permit: Moderate
AI-generated regulation data · Regulations change frequently
📋 Before You Invest
Even in STR-friendly markets, confirm the details for your specific property. Call the Madison Heights City Clerk or Planning & Zoning Department and ask:
1. Are short-term rentals (under 30 days) allowed at [your address]?
2. What permits or licenses are required?
3. Are there owner-occupancy requirements?
4. Any caps on rental nights per year or number of permits?
Regulation details vary by neighborhood and zoning district — always verify for your specific address.

Why Madison Heights?

Urban Market

What drives short-term rental demand here

🏙️
Urban Hub

Business travel, events, and tourism create consistent year-round occupancy in city centers.

⚖️
Balanced Supply

Healthy supply-demand ratio means room for new listings without oversaturation concerns.

Will This Deal Work?

Investment Grade
B+
Good (10%+)
CoC: 13.5%
Can You Pay the Bills?
YES
Income covers mortgage
THE BOTTOM LINE

Good opportunity. Solid fundamentals but may require careful property selection.

💵
$168
Avg ADR
📅
54%
Occupancy
💰
$2,574
Monthly Revenue
🏠
$212K
Median Price

Market estimates · Updated Feb 2026

📊 Income by Property Size

Monthly revenue estimates by bedroom count

1BR
$1,416
2BR
$2,188
3BR
$2,574
4BR
$3,217
5BR
$3,861
6BR+
$4,505
⭐ Best

🏠 Top Amenities for This Market

Add these to boost your revenue

MUST HAVEParking
+18%
MUST HAVEWorkspace
+15%
HIGH IMPACTFast WiFi
+12%
HIGH IMPACTWasher/Dryer
+10%
NICE TO HAVEPet Friendly
+8%

🎯 Your Next Steps

1
Search for 6BR+ properties
Best income potential at $4,505/month
2
Add a Parking
Boost revenue by +18%
3
Target $3,218/month
Top 25% performer income goal

📋 Regulation Status

LegalPermit: Moderate

Regulations vary by city and county. Always verify local STR ordinances, permit requirements, and zoning laws before purchasing.

Research Comparable Listings

See active short-term rentals in this market

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Madison Heights, Michigan is rated B+ for Airbnb investment with a score of 72/100 (BUY). The market has an average daily rate (ADR) of $168, 54% occupancy, and estimated monthly STR revenue of $2,574. Median home value is $211,546 with a cash-on-cash return of 13.5%. STR regulation status: Legal. Data powered by Edge by Teeco using estimated market data.