9 best Airbnb investment opportunities across the US | January 6, 2023

The 9 best properties in CA, NV, KY, NC, FL and TX.

West

888 E El Conquistador, Palm Springs, CA 92262

This incredible Palm Springs home is in the very desirable Vista Norte neighborhood. Minutes from everything yet the true feeling of a community. With 3 bedrooms and 2 full baths, the home is a wonderful size for a full time residence or weekend getaway. The vaulted ceilings in the great room make the space feel even more bight and spacious. Extremely well maintained it is ready to enjoy as it is or would be a prime candidate for an amazing reimagination. The HUGE lot (almost 1/4 acre) provides lots of space to create an outdoor oasis with incredible mountain views. The two car attached garage is directly accessed off the great room, has laundry facilities to is home to the 2022 on demand water heating system. An amazing opportunity for the lucky new owner! Short term rental is a possibility as property qualifies for a City license at this time.

• $599,900

• 3 Bedrooms, 2 Bathrooms

• Average Daily Rate: $592

• Expected occupancy rate: 60%

• Monthly expected income: $10,656

• Monthly expected expenses: $7,713

• Monthly expected cash flow: $2,942

• Expected cash on cash return: 18.50%