9 best Airbnb investment opportunities across the US | September 7, 2023

The 9 best properties in ME, OK, KY, TN, FL, GA, VA, GA, and MI.

Northeast

387 Mitchell Road, Cape Elizabeth, ME 04107

A truly charming Cape gem! You are going to LOVE the brand new kitchen with quartz countertops, apron sink, and pot filler over the stove. This 3 bedroom, 2 bath home at 387 Mitchell Rd is surprisingly quiet and centrally located- 5 minutes to Cape Elizabeth schools, 12 minutes to Portland's Old Port and easy access to great beaches and I95/I295. First floor primary suite with cathedral ceilings and separate entrance is ideal for guests, in-laws and possible Airbnb. Chill out on the back deck and watch the horses graze in the neighboring field or appreciate the private back yard with perennial beds, spacious lawn, and gorgeous flowering shrubs.

• $595,000

• 3 Bedrooms, 2 Bathrooms

• Average Daily Rate: $506

• Expected occupancy rate: 62%

• Monthly expected income: $9,412

• Monthly expected expenses: $7,582

• Monthly expected cash flow: $1,830

• Expected cash on cash return: 11.59%