Otsego, MI

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Otsego short-term rental market based on reliable data.

Listings

268 / 785

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$30,433

Middle-Earners Revenue

Occupancy

46%

Middle-Earners Occupancy

Home Value

$259,019

Median Home Sale Price

Top Earners

$60,897

Top-Earners Revenue

Otsego

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Otsego.

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A

Very Investor friendly

Otsego Regulations

Short‑term rentals are explicitly permitted with no active local licensing, caps, or fees; investors need only a Certificate of Occupancy, state tax registration, and basic safety compliance. The current lack of restrictive caps or burdensome permits makes the environment highly investor‑friendly, though the pending proposed ordinance could introduce future uncertainties.

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About Otsego

Otsego is a city in Allegan County in the U.S. state of Michigan. The population was 4,120 at the 2020 census. The city is within Otsego Township, but is administratively autonomous. Otsego is situated on M-89 about three miles (5 km) west of Plainwell and US 131. It is about nine miles (14 km) southeast of Allegan and the Kalamazoo River flows east to west through the city.

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