The short-term rental market in Fenton, Michigan is thriving, with an average occupancy rate of 51%, a daily rate of $237, and a monthly revenue of $20,598, indicating a strong and lucrative market for hosts and managers.
Thriving Short-Term Rental Market in Fenton, Michigan
The short-term rental market in Fenton, Michigan, is experiencing a robust performance, reflecting the area's growing appeal to travelers and temporary residents. With an average occupancy rate of 51%, short-term rentals in Fenton are in high demand. The average daily rate for these rentals stands at $237, contributing to a substantial monthly revenue of $20,598. This strong performance indicates a healthy and vibrant market, making Fenton an attractive destination for both hosts and guests alike.
Short-Term Rental Regulations in Fenton, Michigan for 2024
Overview of Regulations
The following regulations govern short-term rentals in Fenton Township, Michigan, as outlined in Ordinance No. 857 adopted on September 3, 2024.
Key Regulations
1. Permit Requirement
- An owner of any dwelling unit must obtain a short-term rental permit before renting the unit for less than 30 days.
2. Application and Approval
- The owner or authorized agent must submit a complete application to the Zoning Administrator, including required documentation and information to demonstrate compliance with the Fenton Township Zoning Ordinance.
3. Zoning Applicability
- Short-term rentals are permitted as a Principal Use in OS, C-1, C-2, and C-3 zoning districts, and as a Special Use in AG, R-1, R-2, and other specified districts.
4. Compliance and Renewal
- A renewed permit will be issued only if all standards and regulations are met. If deficiencies are found, rental activity must cease until compliance is verified. The permit holder has 60 days to cure any deficiencies, with the option for an extension upon good cause shown.
5. Public Health, Safety, and Welfare
- The ordinance aims to promote public health, safety, and welfare, and to safeguard the living conditions and character of residential neighborhoods.
6. Local Regulations and Enforcement
- The Fenton Township Planning Commission must approve all short-term rental operations. Local regulations can include fire safety standards, blight mitigation, and geographical restrictions on the number of units allowed for short-term rentals.
7. Revocation of Permit
- A local unit of government can revoke a short-term rental permit for violations of local ordinances or zoning regulations. However, total bans on short-term rentals are prohibited if there is a demonstrated need for such use in the area.
8. Hosting Platform Compliance
- Hosting platforms are prohibited from facilitating bookings for short-term rentals without current and valid authorization and registration from the local unit of government.
Additional Considerations
While state legislation (House Bill 5438) proposed additional regulations, including a state-wide registration database and a 6% tax, this legislation has not moved forward due to opposition from the real estate industry and individual property owners. Therefore, these provisions are not currently part of the regulations in Fenton Township.
Top Airbnb Revenue-Generating Neighborhoods in Fenton, Michigan
Why Fenton is Appealing for Guests
Fenton, Michigan, is a popular destination for Airbnb guests due to its central location, amenities, and proximity to various attractions. Here are some key neighborhoods that generate significant Airbnb revenue:
Neighborhoods
Downtown Fenton
- Appeal: Downtown Fenton is highly rated for its walkability, with guests able to access fine dining, shopping, and local events easily. Properties like the "Downtown Fenton Retreat: Walk to Everything!" are favorites among guests.
- Revenue: With an average daily rate of $126 and properties booked for 234 nights a year, downtown Fenton listings contribute substantially to the local Airbnb revenue.
Grand Blanc Area
- Appeal: This area is known for its family-friendly and pet-friendly rentals. Properties such as the "Home in Grand Blanc" with a private pool, hot tub, and fully stocked kitchen are highly rated for their amenities and cleanliness.
- Revenue: The high rating and frequent bookings of these properties contribute to the overall revenue generated in this area.
Fenton City Center
- Appeal: The city center offers a mix of modern and historic homes, such as the "Fenton Farmhouse Suite," which is centrally located and features full kitchens and comfortable living spaces.
- Revenue: The central location and amenities of these properties make them attractive to guests, leading to higher occupancy rates and revenue.
Surrounding Areas (Holly, Linden, Milford)
- Appeal: While not directly in Fenton, nearby areas like Holly, Linden, and Milford offer lakefront properties and unique getaways that attract guests looking for a broader range of experiences. For example, the "Holly Hideaway" on 6 wooded acres is a popular choice.
- Revenue: These areas complement Fenton’s offerings and help distribute the revenue across a wider geographic area, making the entire region more appealing to investors.
These neighborhoods are appealing due to their combination of central location, amenities, and the variety of unique and well-curated vacation rentals available.
Creating an Inviting Airbnb in Fenton, Michigan: Design and Furnishing Tips
Community and Living Spaces
- Multiple Community Areas: Design multiple community spaces, such as one on each floor, to foster family bonding and social interaction. Include comfortable seating like day beds, couches, and chairs.
- Cozy Ambiance: Add fluffy rugs, board games, and fun activities in trendy storage solutions to create a family-friendly atmosphere.
- Layout for Conversation: Ensure the living room layout encourages conversation and accommodates different activities, such as reading nooks and swivel chairs for versatility.
Design and Aesthetics
- Trendy and Instagramable: Incorporate current design trends like geometric and contemporary light fixtures, bohemian rugs, midcentury modern furniture, and greenery such as macramé hanging plants to make the space Instagramable.
- Mixed Textures: Combine different textures, such as smooth surfaces with handmade or textured elements, to add depth and warmth to the space.
- Unique Elements: Use antiques or unique pieces to add character and personality to the space.
Comfort and Convenience
- Prioritize Sleep and Shower: Invest in comfortable beds and modern bathroom amenities to address common guest complaints.
- Layered Bedding: Offer a variety of bedding options, including extra layers stored in the closet, to cater to different guest preferences.
- Temperature and Lighting Control: Provide temperature control options like ceiling fans and lighting control with lamps and dimmer switches for guest comfort.
Entry and First Impressions
- Welcoming Entryway: Create a welcoming entryway with thoughtful touches such as clean blankets, a well-organized space, and a clear indication that guests are special.
Bedroom Luxuries
- Luxurious Bedding: Use white bedding for a clean and inviting look, and splurge on full and fluffy duvet inserts. Offer multiple pillow options with different fill materials.
- Bedside Amenities: Ensure each bed has bedside tables and lamps, including options with USB ports or wireless charging features.
Additional Touches
- Vertical Interest: Add interest to the ceiling with paint, wallpaper, or chandeliers to enhance the visual appeal of the space.
- Soft Surfaces: Incorporate soft surfaces like rugs, chairs, and framed tapestries to add warmth and inviting textures to the space.
- Blackout Shades: Install blackout shades to cater to different sleep preferences and ensure a restful stay.
Discover Fenton, Michigan: Local Attractions and Insider Tips
Local Attractions
Shopping
- Fenton Village Marketplace: A central shopping hub with a mix of shops and dining options. Located at 15010-15110 Silver Pkwy, Fenton, MI 48430.
- Dibbleville, Silver Parkway, and N LeRoy: Three distinct shopping areas offering something for everyone.
Outdoor Activities
- Silver Lake Park: Fenton’s largest park, featuring a sandy beach, nature trails, ball fields, volleyball courts, horseshoe pits, badminton courts, and play equipment for kids. Located at 16000 Jennings Rd, Fenton, MI 48430.
- Dauner Martin Nature Sanctuary: A 155-acre nature reserve with trails, wildflowers, and a variety of tree species. Located off Fenton Rd, Fenton, MI 48430.
- Lake Fenton and Surrounding Lakes: Enjoy fishing, boating, swimming, and other water sports in the 58 lakes within a 10-mile radius.
Arts and Culture
- Fenton's Outdoor Sculpture Gallery: Take a self-guided tour through Downtown Fenton to explore the sculptures on display.
- Detroit Institute of Arts (DIA) Inside-Out: View large-scale reproductions of famous artworks around the city.
- Fenton Village Players: A community theater offering various performances. Participate as a volunteer, audition, or simply enjoy a show.
Dining and Community Events
- Fenton Farmer's Market: Held on Thursdays from June to September, offering fresh produce, vegetables, and artisan creations. Located on the front lawn of the Fenton Community Center.
- Diverse Dining Options: From regional food chains to fine dining restaurants, Fenton has a wide range of culinary experiences.
Historical and Educational Sites
- Historical Museum: Learn about Fenton's history, including its founding and notable events. Hosts events like the History Walk through Oakwood Cemetery.
- Jack R. Winegarden Library: Offers various services and programs for adults, teens, and children, including a children's center and talking book center.
Insider Tips
Seasonal Activities
- Winter Sports: Enjoy cross-country skiing, snowmobiling, and ice-fishing in the winter months.
Local Events
- Fenton Films: Free movie screenings on the 2nd Wednesday of each month at the Fenton Community and Cultural Center, accompanied by local music performances.
- Fenton Lakes Chorus: Experience four-part harmony, barbershop style, performed by the Fenton Lakes Chorus, a chapter of Sweet Adelines International.
Hidden Gems
- Shiawassee River and Downtown Park: Explore the historic downtown area, including the park with an old-fashioned gazebo and walkway by the Shiawassee River.
Practical Information
- Shopping and Dining Maps: Provide guests with maps or guides to the various shopping and dining areas to help them navigate the city.
- Community Center Events: Inform guests about upcoming events at the Fenton Community Center, such as the farmer's market and film screenings.
By sharing these attractions and insider tips, you can help your Airbnb guests make the most of their visit to Fenton, Michigan.
Practical Tips to Run a Successful Short-Term Rental Business in Fenton, Michigan
To ensure a smooth and successful short-term rental business in Fenton, Michigan, several practical tips can make a significant difference. Here are some key considerations:
Noise Regulations and Quiet Hours
Inform your guests about noise regulations and quiet hours to maintain a harmonious environment. Include clear guidelines in your digital and physical house manual, emphasizing the importance of respecting the neighborhood's peace, especially during late hours.
Comprehensive House Manual
Create a detailed digital and physical house manual that includes essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This manual should be easily accessible to guests, either in a physical binder at the property or through a digital link provided in the welcome message.
Simplified Check-in Process
Implement a streamlined check-in process using smart locks to eliminate the need for physical key exchanges. Provide guests with clear instructions on how to access the property, including photos and step-by-step guides. This not only enhances guest convenience but also reduces the likelihood of check-in issues.
Parking Instructions with Photos
Ensure that parking instructions are clear and accompanied by photos to avoid any confusion. Include details on designated parking spots, any parking restrictions, and alternative parking options if necessary. This helps in maintaining a smooth guest experience and prevents potential parking-related issues.
By following these tips, you can enhance the guest experience, reduce potential conflicts, and maintain a positive reputation for your short-term rental business in Fenton, Michigan.
Here is a brief list of house cleaning providers in Fenton, Michigan:
House Cleaning Services in Fenton, MI
Molly Maid
- Offers customized cleaning plans, no contracts, and a 24-hour warranty.
- Provides services in Fenton, Flint, and Grand Blanc.
The Cleaning Authority
- Offers quality home cleaning services in Fenton, Brighton, Milford, and surrounding areas.
- Provides a trusted Michigan team for cleaning needs.
Maids In A Minute
- Offers quality home cleaning and maid services.
- Reliable house cleaners with the option to book a fast cleaning estimate.
Care.com Cleaning Services
- Lists multiple affordable house cleaning options starting at $22.90/hr.
- Allows searching by rates, reviews, experience, and more.
Short-Term Rental Management Fees in Fenton, Michigan
In Fenton, Michigan, the fees for managing short-term rentals can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes comprehensive tasks such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often starting at around 20% of the revenue.
Basic service packages, which may only include essential management functions, can be less expensive but still incur additional fees for services like cleaning, repairs, or design enhancements. For instance, some management companies may charge a consumables fee per reservation to cover items like linens, toiletries, and other essentials to ensure the property remains guest-ready. Understanding these fee structures is crucial for hosts to make informed decisions about their short-term rental investments.