8 best Airbnb investment opportunities | April 13, 2022
Five properties under 300k with a 20% cash-on-cash return or higher! Today's list includes: PA, NY, GA, & CA.
If you enjoy Find My Short Term Rental’s Daily Newsletter, consider sharing with other real estate investors!
934 Houserville Rd, State College, PA 16801
A light and bright ranch in desirable Houserville with investment opportunities! The main living space is flooded with natural light and delivers a well-equipped kitchen with a walk-in pantry, darling dining room, spectacular living room, full bathroom, and two sizeable bedrooms. The efficiency apartment in the lower level features a white kitchen, new carpet, and a full bathroom with walk-in closet. The true 1-bedroom apartment in the lower level boasts a massive kitchen, spacious living room, full bathroom, and a generous bedroom with an egress. Outside you will appreciate the secluded back patio that overlooks the partially fenced-in yard. Additional highlights include an attached, 2-car garage, updated heating/cooling, and a shady pergola in the backyard. Down the road from Spring Creek Park and Spring Creek Elementary & minutes from downtown State College and Penn State campus.
$354,900
4 Bedrooms, 3 Baths
Average Daily Rate: $540
Expected occupancy rate: 53%
Monthly expected income: $8,586
Monthly expected expenses: $4,752
Monthly expected cash flow: $3,834
Expected cash on cash return: 42.84%
Keep reading with a 7-day free trial
Subscribe to Find My Short Term Rental | Daily Newsletter to keep reading this post and get 7 days of free access to the full post archives.