11 best Airbnb investment opportunities across the US | September 28, 2023
The 11 best properties in NY, PA, FL, AR, NC, MS, TN, VA, and MN.
Northeast
38 Vosburgh Rd, Rainbow Lake, NY 12976
This home is nestled into a quiet and secluded lot surrounded by trees and nature's wildlife. Enjoy morning coffee on the open deck listening to the loons on the nearby lake or curl up with a good book on the recently added sun porch. This property is meant for those seeking the highly sought after ''Adirondack serenity''. The house consists of two beautifully laid out living spaces (1 up and 1 down) allowing for owner occupation with private guest quarters or rental income. The main floor is two bedrooms, one bath and lower floor is one bedroom, one bath.
$380,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $467
Expected occupancy rate: 61%
Monthly expected income: $8,546
Monthly expected expenses: $6,150
Monthly expected cash flow: $2,396
Expected cash on cash return: 17.63%
This underwriting includes $35,000 for initial renovations.
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