11 best Airbnb investment opportunities across the US | December 16, 2022

Southwest

1022 Primrose Dr, Waco, TX 76706

This recently renovated home less than a mile from Baylor University and only minutes from downtown Waco is one of a kind. The stunning exterior paint job paired with the stained cedar make this property a standout from the curb. Featuring new granite counters, luxury tile, exposed rafters and specialty fixtures as well as updated electrical, HVAC and plumbing; this home is both polished and practical. The open concept living area and kitchen foster a wonderful space for people to gather. The home is zoned 0-2 and has recently been permitted for short term rental use.

• $575,000

• 4 Bedrooms, 3 Bathrooms

• Average Daily Rate: $271

• Expected occupancy rate: 46%

• Monthly expected income: $3,739

• Monthly expected expenses: $5,295

• Monthly expected cash flow: $1,555

• Expected cash on cash return: 10.16%