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- 10 Best STR Finds | December 6, 2024
10 Best STR Finds | December 6, 2024
The Market's Top Short Term Rentals – Yours Before Anyone Else.
Mark Borum
December 06, 2024
This is where New York’s Adirondacks meet prime STR opportunity. This tourist favorite brings in a whopping $392 average nightly rate and over $25K in monthly revenue for savvy hosts, thanks to its year-round appeal—think boating in summer, leaf-peeping in fall, and cozy lakeside escapes in winter. If you’ve been searching for a foothold in this thriving market, today’s feature property is worth a long, hard look.
Sitting pretty on 7.32 wooded acres, this 3-bedroom, 3.5-bath stunner was rebuilt from the ground up in 2014 and upgraded with luxuries like radiant floor heating and a standby generator. Guests will love the location—just 5 minutes from the Hudson River and Lake Luzerne, and a quick 10-minute drive to the crown jewel, Lake George. And with a fully finished basement that could easily accommodate more bedrooms, this home is set to exceed its already impressive $66K gross revenue potential.
Bottom line: with the area’s steady tourism growth and your future guests dreaming of Adirondack adventures, this is the kind of listing that books itself.
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Seize the opportunity to own a charming property minutes from downtown Houston, perfectly positioned for short-term rental success. This converted Airbnb gem is sold as-is, offering savvy investors a turnkey income opportunity or a foundation for further customization. Boasting prime access to Houston’s bustling downtown area, this property is ideal for travelers seeking convenience and style. Whether for business or leisure, guests will appreciate the proximity to top attractions, dining, nightlife, and entertainment.
Price: $385,000
BR/Bath: 4 Bedroom / 3 Bath
Sq. Feet: 1,965
Avg. Daily Rate: $260
Expected Occupancy Rate: 70%
Expected Annual Revenue: $66,806
Expected Annual Cash Flow: $20,592
Expected Cash on Cash: 19.03%
Up a quiet, country road in the town of Olive is this move in ready easy living ranch style home. Beautifully and fully renovated interior and exterior provides peace of mind as everything is brand new! Cathedral ceilings, exposed beams and lots of natural light make this home bright and airy. Eat in kitchen with all new high end stainless steel appliances and quartz countertops is the perfect cooking and gathering space. There are three nice sized bedrooms with spacious closets. The bathroom is spa like with muted soft tones. The large family room with cozy fireplace has sliding glass doors with direct access to a rear deck and the tranquil back yard.-------There is a large exterior shed with plenty of electric which is great for storage, gardening, a workshop, etc.. Along with a brand new oversized driveway for plenty of off street parking. Within walking distance to the Ashokan Rail Trail for biking, hiking, etc.. Close proximity to Woodstock, Stone Ridge, and ski resorts. This ranch home has the best of country living with modern comfort and style. There is nothing to do but move right in!
Price: $395,000
BR/Bath: 3 Bedroom / 1 Bath
Sq. Feet: 1,272
Avg. Daily Rate: $299
Expected Occupancy Rate: 56%
Expected Annual Revenue: $61,059
Expected Annual Cash Flow: $14,972
Expected Cash on Cash: 14.46%
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Buying a short term rental doesn’t need to be complicated. But, with more than 14,000 listings hitting the market every single day, the likelihood of you finding the right home at the right time feels damn near impossible.
You need to find the right location.
With the right unit economics.
And, the right style.
It’s tough.
But, when you do… it’s a game life changer.
The last Airbnb I purchased provides a 16.99% Cash on Cash return with $15,700+ in annual free cash flow after my mortgage and all expenses…
I hope this is a resource that saves you time, so you can make decisions in minutes and avoid missing out on the property that will change your life.
Disclaimer: The information provided on STR Daily is for informational purposes only and should not be considered financial advice. Short-term rental regulations change constantly, so please review local rules and regulations prior to any purchases. Projected cash-on-cash returns are based on a 20% down payment, estimated furnishing costs appropriate for the property size, and anticipated fees. Actual returns may vary. Please run the numbers yourself or consult a financial professional to assess risks and develop a strategy suited to your specific needs.