8 best Airbnb investment opportunities across the US | June 20, 2023

The 8 best properties in MN, MO, FL, VA, TN, NY, and PA.

Midwest

111 NW 11th St, Grand Rapids, MN 55744

Here is your chance to own a Grand Rapids classic from the 1890's that has been lovingly refreshed in the last few years. On almost an acre with 181' of level lakeshore there is so much to appreciate. This home can be used as single family but is also VRBO ready with multiple entrances and full living spaces on both levels. The main floor offers a cute kitchen, spacious bedroom, gleaming hardwood floors, sunroom, 2 living room areas and remodeled bath with heated floor. The upper level has 4 bedrooms, main br ensuite bath, 2 more living areas, refreshed kitchen and access to the composite deck which has commanding views of the lake, gorgeous private yard, and flowering trees.

• $559,000

• 5 Bedrooms, 3 Bathrooms

• Average Daily Rate: $455

• Expected occupancy rate: 65%

• Monthly expected income: $8,872

• Monthly expected expenses: $7,085

• Monthly expected cash flow: $1,786

• Expected cash on cash return: 11.97%