12 best Airbnb investment opportunities across the US | January 18, 2023

The 12 best properties in CA, MD, NY, SC, TN, MS, LA, FL, VA, IL, and MI.

West

1340 E Racquet Club Rd, Palm Springs, CA 92262

GREAT VACATION RENTAL AT A GREAT PRICE. Located within the Vista Norte tract, which according to Palm Springs City Council report dated Jan 12, 2023, stood at 13.9% saturation -- in other words, well below the quota limit established for the neighborhood. FULLY FURNISHED, modern bright and styled in warm organic tones. The entryway is gorgeous - floor to ceiling glass frames a lushly planted atrium. From there, one continues to the main living areas, featuring rich natural details in slate, cedar and veined granite. Filtered light fills the living space by day thanks to the many glass sliders and windows - and by night, custom recessed lighting offers elegance and warmth. The outdoor living area is spectacular.

• $675,000

• 3 Bedrooms, 2 Bathrooms

• Average Daily Rate: $539

• Expected occupancy rate: 57%

• Monthly expected income: $9,216

• Monthly expected expenses: $7,592

• Monthly expected cash flow: $1,624

• Expected cash on cash return: 9.18%