11 best Airbnb investment opportunities across the US | July 14, 2023

The 11 best properties in CA, TX, PA, NY, AL, FL, NC, and MI.

West

3243 N Mountain Shadow Dr, Palm Springs, CA 92262

Fee Land, No HOA and Short term rental friendly. This quintessential Palm Springs Bungalow has it all. This completely remodeled 3 bedroom 2 bathroom home with pool and spa located in the heart of Palm Springs North End will be the perfect desert home. Step inside and be greeted by an open and spacious living area, filled with natural light and a well-appointed kitchen boasts modern appliances, ample counter space, and plenty of storage for all your culinary needs. Enjoy your meals in the adjacent dining area or take it outside to the private patio, where you can savor the breathtaking mountain views and soak in the warm California sunshine by your resort style pool and spa.

• $665,000

• 3 Bedrooms, 2 Bathrooms

• Average Daily Rate: $512

• Expected occupancy rate: 60%

• Monthly expected income: $9,216

• Monthly expected expenses: $7,895

• Monthly expected cash flow: $1,320

• Expected cash on cash return: 7.56%