# Elmwood Charter Township

Short-term & vacation rental property management in Elmwood Charter Township, Michigan.

## Market snapshot

- Active short-term rental listings: 73
- Average daily rate: $395
- Occupancy: 45%
- Annual revenue potential: $66,815
- Gross yield: 10%
- Median home value: $622,874
- Nearest metro: Grand Rapids
- People within 1 hour: 0.3 million

_Figures are market-level estimates for short-term rentals in this area, not the performance of any single property._

## ROAM Market Score

- ROAM Market Score: 77
- Investment tier: strong

## Short-term rental regulations & permits

- Regulation status: strict
- Permit required: Yes
- Permit type: license
- Permit fee: $300
- Owner-occupancy required: No
- Governing body: ZA Sarah Clarren
- Summary: STR Licensing Ordinance + Zoning amendment (Sept 30, 2021; applications accepted Nov 8, 2021). $300/yr license fee + $100 waitlist fee. 93-license hard cap, now CLOSED with active waitlist. Non-transferable — license does not transfer with property sale. Elmwood Charter Township includes the Greilickville area near Traverse City. The 93-cap closed rapidly and the waitlist has grown since. Granicus Host Compliance used for enforcement.

## Revenue by bedroom count

| Bedrooms | Annual revenue | ADR | Occupancy |
| --- | --- | --- | --- |
| 0 | $35,663 | $204 | 48% |
| 1 | $40,174 | $233 | 47% |
| 2 | $49,468 | $289 | 46% |
| 3 | $66,815 | $395 | 45% |
| 4 | $77,265 | $467 | 44% |
| 5 | $104,275 | $642 | 43% |

## Full-service vacation rental management here

- Revenue optimization — dynamic pricing, listing optimization, and multi-platform distribution.
- Local operations — professional cleaning, maintenance, and 24/7 guest support.
- Owner transparency — real-time reporting through your OwnerRez portal.
- Compliance handled — permits, tax remittance, insurance, and regulation monitoring.

## How to get started with ROAM

Tell us about your property and market and we'll assess its income potential with real Michigan market data, then onboard your listing with professional setup, multi-channel optimization, and data-driven dynamic pricing. Day to day we handle guest communication, property care, turnovers, and compliance, with transparent financial reporting — all backed by our $5,000 performance guarantee. ROAM is Michigan's data-driven, full-service alternative to Vacasa and Evolve. Start at https://roammgmt.com/get-started/ or contact hello@roammgmt.com · +1-616-319-3545.

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- Property page: https://roammgmt.com/markets/elmwood-charter-township/
- Markdown: https://roammgmt.com/markets/elmwood-charter-township.md
- Last updated: 2026-04-22
- Site index (for AI): https://roammgmt.com/llms.txt

_A machine-readable copy of this page. Prices and availability, where shown, are live on the property page._