10 best Airbnb investment opportunities across the US | August 16, 2023
The 10 best properties in MI, OH, SC, AL, GA, KY, MS, NY, and CT.
Midwest
15078 Lakeshore Dr, Grand Haven, MI 49417
Beach life can be yours! This home is located West of 31 and just 1 mile to Brucker's public beach & 2 miles to GH State Park. Sitting on nearly a 1/2 acre, there's room to store the boat & toys and still have plenty of space for backyard bonfires, volleyball, & more! The kitchen and full bath have both been updated w/ PEX plumbing throughout. Upgraded electrical w/150 amp service & line to add a hot tub. Newer windows throughout. 2018 Furnace. 2017 AC & Hot Water Heater. Seller added blown in insulation at R-30 value for an energy efficient home. The lower level is ready to be finished, one could easily add a 3rd bedroom & 2nd bath.
$259,000
2 Bedrooms, 1 Bathroom
Average Daily Rate: $259
Expected occupancy rate: 65%
Monthly expected income: $5,051
Monthly expected expenses: $3,688
Monthly expected cash flow: $1,362
Expected cash on cash return: 17.49%
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