8 best Airbnb investment opportunities across the US | November 28, 2023
The 9 best properties in VA, NC, LA, GA, MO, KS, CA, and NH.
Southeast
1279 W Mary St, Bristol, VA 24201
Step into this beautifully-renovated 1920s ''open-faced block'' house--- just minutes from downtown Bristol and within walking/ biking distance to local hotspots like Union 41, Michael Waltrip Brewing, Blackbird Bakery, and so much more! Refinished original hardwoods throughout, fully-updated kitchen with stainless appliances, and ''one-step'' entry to one level living for ease of access. This turn-key home has been a successful 5 star Airbnb with an average annual income of approximately $24,000. It boasts desirable features such as off-street parking and a fenced backyard for privacy. The rear enclosed ''porch'' is excellent for storage of bicycles, and the back deck is a fun place to hang out and listen to the nearby stages during Bristol Rhythm and Roots.
$224,900
3 Bedrooms, 1 Bathroom
Average Daily Rate: $181
Expected occupancy rate: 62%
Monthly expected income: $3,367
Monthly expected expenses: $2,825
Monthly expected cash flow: $542
Expected cash on cash return: 7.77%
3026 High Peak Rd, Valdese, NC 28690
Attractive Mediterranean Style Home boasts 5 bedrooms, 2 baths with lovely views of HIGH PEAK Mtn! Step into the welcoming Sun Room that leads to a large living room, flows to Formal Dining Room with swinging door to Kitchen with butler pantry area and breakfast nook. Cozy den with fireplace located in back of home. 3 Bedrooms on the main shares hall bath. Upstairs has oversized primary and shares adjoining spacious bathroom with another bedroom and has 2 large walk-in closets! Laundry in the basement with extra storage and walkout. Lovely courtyard between home and Double detached garage with tiered deck out back connects to the back door entrance.
$350,000
5 Bedrooms, 2 Bathrooms
Average Daily Rate: $437
Expected occupancy rate: 72%
Monthly expected income: $9,439
Monthly expected expenses: $5,867
Monthly expected cash flow: $3,572
Expected cash on cash return: 28.68%
*This underwriting includes $30,000 for initial renovations.
73545 Highway 437, Covington, LA 70435
This renovated riverfront home offers views of the flowing Bogue Falaya River. Enjoy the privacy and visits from nature's creatures, kayaking/canoeing, & jet skiing etc. Whether you're sipping your morning coffee on the deck or unwinding in the evening, the tranquil sounds of the river and the serene beauty of the surrounding landscape create an idyllic retreat. With opportunities for fishing, boating, and simply taking in the natural beauty, this home provides a rare chance to embrace a waterfront lifestyle. Experience the harmony of modern comfort and nature's wonders in this stunning riverfront property.
$320,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $245
Expected occupancy rate: 66%
Monthly expected income: $4,851
Monthly expected expenses: $3,979
Monthly expected cash flow: $872
Expected cash on cash return: 9.44%
321 Samuel Clemens Way, Athens, GA 30607
Come Home for the Holidays! Welcome to 321 Samuel Clemens Way! This property has 3 bedrooms, 2 Full Baths and 1 Half Bath. On the main level, you have a Dining Room/Kitchen combo that leads to the Family. The engineered flooring on the main level is very easy to maintain. The Half Bath is also on the main level. Go up the stairs to enter the Primary Bedroom with a full en-suite. The primary bedroom also has a private balcony to enjoy. On the other side of the second level there are 2 nice sized secondary bedrooms.
$269,900
3 Bedrooms, 3 Bathrooms
Average Daily Rate: $308
Expected occupancy rate: 47%
Monthly expected income: $4,343
Monthly expected expenses: $3,501
Monthly expected cash flow: $842
Expected cash on cash return: 10.46%
Midwest
279 Rainbow Drive, Branson, MO 65616
For someone looking for a rustic Branson hide-a-way with the perfect balance of nature, privacy, and elbow room, but just a stones throw away from all the shopping and attractions, this A-frame cabin is the place you will want to call home!This hidden paradise sits on nearly an acre and is situated just moments from the shores of Lake Taneycomo AND Table Rock Lake, so you will have easy access to boating and fishing with 2 public boat launches and all the recreational activities the lakes have to offer.
$215,000
2 Bedrooms, 2 Bathrooms
Average Daily Rate: $213
Expected occupancy rate: 82%
Monthly expected income: $5,240
Monthly expected expenses: $3,434
Monthly expected cash flow: $1,805
Expected cash on cash return: 26.78%
804 N Perry Ave, Wichita, KS 67203
Investment or multi-generational opportunity! Nestled within the heart of Riverside, this charming 3 bedroom, 2 bathroom Tudor style home stands as a testament to timeless craftsmanship and elegant design. Situated on a corner lot, this home has an oversized two car garage with a carriage house perfect for a potential Airbnb, long term rental, or a multi-generational living space. A symphony of intricate woodwork and hardwood floors welcome you as you step through the front door and the abundance of windows and freshly painted walls and trim give the home a light, airy feel!
$290,000
4 Bedrooms, 3 Bathrooms
Average Daily Rate: $293
Expected occupancy rate: 62%
Monthly expected income: $5,450
Monthly expected expenses: $4,129
Monthly expected cash flow: $1,320
Expected cash on cash return: 15.48%
West
42100 Tennessee Ave, Palm Desert, CA 92211
Location, location, location - this residence boasts captivating golf course views and stunning vistas of the San Jacinto Mountains to the west. Revel in the luxury of a sizable private pool & spa, all without the burden of HOA dues. The home showcases an inviting open floorplan w/ soaring vaulted ceilings and abundant natural light, creating a spacious ambiance for entertainment. The well-appointed kitchen features a breakfast bar, complemented by a separate dining room. A generously proportioned living room includes a built-in wet bar and a gas-burning fireplace. Immerse yourself in tranquil beauty through large windows and sliding glass doors that open to a covered patio, offering unobstructed views of green grass and the majestic mountains.
$420,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $361
Expected occupancy rate: 58%
Monthly expected income: $6,281
Monthly expected expenses: $5,304
Monthly expected cash flow: $978
Expected cash on cash return: 8.41%
Northeast
40 Pine Street, Laconia, NH 03246
Laconia, NH RENOVATED & UPDATED Two-Unit 6 Bedroom, 4 Bath, 3329 Sq Ft Muti-Family on .17 acres for only $449,999! The owners of this home have spent the past year meticulously remodeling this Home, preparing it for its new owner. Both units have been restored to their original glory while offering many of today’s amenities. The gorgeous hardwood floors have been refinished, the walls have been painted & the Tin Ceilings will take your breath away. Both Kitchens offer NEW stainless-steel appliances, NEW Cabinets, NEW Countertops, NEW outlets & NEW lighting fixtures. The first floor also provides for a large Dining Room, spacious Living Room & NEW Half Bath. The second level features three large Bedrooms (many with walk in closets) & NEW Full Bath with Laundry area.
$449,999
6 Bedrooms, 4 Bathrooms
Average Daily Rate: $807
Expected occupancy rate: 50%
Monthly expected income: $12,105
Monthly expected expenses: $7,919
Monthly expected cash flow: $4,186
Expected cash on cash return: 33.93%
Investments or strategies mentioned on this website may not be suitable for you. This material does not take into account your particular investment objectives, financial situation, or needs and is not intended as recommendations appropriate for you. This is not financial advice, and please do your own research! Although we target STR-friendly markets, we cannot guarantee that all properties are in non-regulated zones or HOA. You always recommend doing your due diligence to understand the STR regulations for a particular property.