11 best Airbnb investment opportunities across the US | August 10, 2023

The 11 best properties in NY, ME, CA, OR, IN, WI, FL, GA, TN, and TX.

Northeast

38 Mill St, Ellicottville, NY 14731

Have you been waiting for that perfect Ellicottville home to hit the market? One that’s charming, affordable, and a few blocks from bars and restaurants? Located just beyond the underpass on a side extension of Mill Street, you can’t go wrong with this village classic. Zoned Medium Density Residential, this home can be short term rented with an approved permit! After a long day on the slopes, enter through the attached garage to drop off your ski gear. Cozy up in front of the brick wood burning fireplace, chat with friends and family through the kitchen’s built-in breakfast bar, and make those memories in the formal dining room.

• $275,000

• 3 Bedrooms, 1 Bathroom

• Average Daily Rate: $391

• Expected occupancy rate: 51%

• Monthly expected income: $5,982

• Monthly expected expenses: $4,535

• Monthly expected cash flow: $1,448

• Expected cash on cash return: 17.72%