10 Best STR Finds | November 16, 2024

Let’s talk about Ozark. No, not the show… though Jason Bateman is phenomenal. I’m talking about the Missouri tourist destination that pulls in over millions of visitors and $1.5 billion annually. This area remains one of the Midwest’s hottest short-term rental markets. Travelers flock here year-round for fishing tournaments, summer water sports, and off-season retreats, making high-occupancy potential more of a guarantee than a gamble.

And today’s listing? It’s a lakefront giant ready to work as hard as you do.

Perched at the coveted 4MM, this 10-bedroom, 7-bathroom home sprawls across nearly 7,000 square feet of opportunity. Whether you envision it as a turnkey vacation rental, a B&B reboot (hello, 20 years of Bass and Baskets legacy!), or even a hybrid personal/investment property, the possibilities are as expansive as its 170 feet of pristine lakefront.

With a protected deepwater cove, a 2-well dock, and workshop space ready for creative upgrades, this property is built for guests to make memories and for you to rake in revenue. Plus, with a one-acre oversized lot and room for plenty of parking, it’s a prime destination for weddings, reunions, or big-group getaways.

Bottom line: if you want in on the Lake of the Ozarks’ cash flow magic, this is your chance. Check out this listing and 9 other curated STR opportunities in today’s newsletter!

1117 Dogwood Rd, Lake Ozark, MO 65049

Nestled on the coveted 4MM by water and accessible via Horseshoe Bend by land, this lakefront property offers a unique opportunity for multi-use living or commercial ventures. Boasting nearly 7,000 square feet, the home features 10 bedrooms and 7 bathrooms, making it a haven for large families, a turnkey bed-and-breakfast, or a prime vacation rental. With 170 feet of pristine lakefront, the property provides an expansive canvas for water activities, enhanced by a 2-well dock situated in a protected deepwater cove. The generous dock envelope invites you to imagine creating the dock of your dreams! A standout feature is the standing seam metal roof, promising durability and style. Plus the 3-car detached garage includes an 840-square-foot workshop above, perfect for conversion into additional living quarters. This home harmonizes breathtaking views and functionality, delivering both leisure and investment potential in one striking package. This property was home to the successful B&B Bass and Baskets for over 20 years and has ton of loyal customers. There is plenty of parking on this over sized lot that is over 1 acre.

• Price: $1,500,000

• BR/Bath: 10 Bedroom / 7 Bath

• Sq. Feet: 6,916

• Avg. Daily Rate: $1937

• Expected Occupancy Rate: 31%

• Expected Annual Revenue: $216,241

• Expected Annual Cash Flow: $92,342

• Expected Cash on Cash: 22.30%

3719 Clabo Mountain Ln, Sevierville, TN 37862

2 Year Old craftsman style home in beautiful Wears Valley. Airbnb Short Term Rental eligible. Proforma shows $185,000! Short ride to Smoky Mountains National Park, Gatlinburg and action-packed Pigeon Forge. Gorgeous 4 bedroom-4 bath cabin with 10 total beds and can sleep 16 including the separate apartment space. Can be used as 2 individual living spaces or one large house with 2 separate entrances and 2 kitchens. Extend your living space to the outdoors with a stone patio that includes hot tub and firepit SOARING ceilings and glass make the gathering area feel like a private lodge. Custom oak flooring, tongue and groove, and stairways (even has some tree bark finishes). Upper loft area includes 4 nooks for single/double bed sleeping each with its own privacy curtain--children will love this! Over-sized dining and kitchen with top-grade appliances and quartz countertops. The lower level is complete with kitchen, living area, and bathroom. Both levels have washer/dryer connections.

• Price: $995,000

• BR/Bath: 4 Bedroom / 4 Bath

• Sq. Feet: 3,064

• Avg. Daily Rate: $1,065

• Expected Occupancy Rate: 47%

• Expected Annual Revenue: $183,284

• Expected Annual Cash Flow: $93,304

• Expected Cash on Cash: 35.96%

8599 S Doubleheader Ranch Road, Morrison, CO 80465

This incredible property embodies the serene essence of mountain living while keeping you close to the vibrant energy of Denver. Experience the calming influence of nature from every window. As you enter, you're welcomed by a charming family room, with an inviting additional family room or den just around the corner. The main level features a generous bedroom with a 3/4 bathroom, and the open kitchen is ready for memorable gatherings, complete with a cooktop, abundant cabinets, and a space designed for great conversation. The formal dining room invites large tables for cherished holiday gatherings, while the bay window frames stunning natural views. Ascend upstairs to discover three more bedrooms: two spacious rooms and a large primary suite with a private bathroom. Step onto the deck from the primary bedroom to savor your morning coffee immersed in nature. This home’s location is simply unmatched, nestled near hiking trails and the amenities of Aspen Park and Conifer. It’s just a ten-minute drive to the charming downtown Morrison and a mere thirty-five minutes to the heart of Denver. The grounds of this enchanting property boast a gazebo, perfect for soaking in breathtaking views of downtown Denver. Don't forget to explore the magical treehouse, where adventure awaits and memories are made.

• Price: $770,000

• BR/Bath: 4 Bedroom / 3 Bath

• Sq. Feet: 2,057

• Avg. Daily Rate: $475

• Expected Occupancy Rate: 58%

• Expected Annual Revenue: $100,755

• Expected Annual Cash Flow: $31,316

• Expected Cash on Cash: 15.84%

83 SE 87th Ave, Portland, OR 97216

Open Saturday 11:00 am- 2:00 P.M. Portlandia at its best! Four bedrooms and an additional apartment in the lower level. This spacious Capecod has an abundance of light from the oversized new triple paned windows. A cozy fireplace that adds warmth and character. With four spacious bedrooms and two full baths, there's room for everyone. A generously sized primary allows for a king sized bed! Enjoy peace of mind with a new fence, deck,new roof,new kitchen, featuring quartz counters, backsplash and modern lighting.The layout is ideal for both work-from-home needs and hosting family gatherings. The finished apartment basement offers potential income, a studio, or additional living space. Lower level apartment with built in murphy bed. Outside Oasis with an oversized deep lot. Eco friendly, lifetime bark chips made of recycled tires and pet friendly, rubber bark chips! Gardener's dream, featuring perennial plantings, a lifetime decking, lifetime fence made from egostone, a patio, a fish pond and even a luxury catio. The detached, updated garage provides space for your car, storage, or a garden center.You’re only a 10-minute walk from Montavilla’s eateries and farmers market,Flying pie pizza, a 15-minute stroll to the base of Mt. Tabor. With close access to major freeways, a community gym, a weaving studio, morning coffee and antique hunting, this home offers both comfort and convenience. With a Bike Score of 97, this location is a cyclist’s paradise, offering a short stroll to local businesses and easy access to Portland’s main thoroughfares like 205, I-84, and Burnside. This is what Portlandia is known for.

• Price: $499,000

• BR/Bath: 5 Bedroom / 2 Bath

• Sq. Feet: 2,050

• Avg. Daily Rate: $380

• Expected Occupancy Rate: 60%

• Expected Annual Revenue: $83,799

• Expected Annual Cash Flow: $32,504

• Expected Cash on Cash: 24.03%

11821 28th Street SE, Lake Stevens, WA 98258

Welcome to your dream home! This meticulously maintained property offers a private retreat w/ a park-like backyard, perfect for gardening or entertaining. The home has a 2-car garage with storage and workspace, along with RV/boat parking for all your recreational needs. Inside, you'll find quartz countertops, sleek shaker cabinets, pantry, and gas stove in the kitchen. The living room's gorgeous built-ins and gas fireplace add both charm and functionality. The expansive Bonus room/5th bedroom is perfect for a media or game room, offering endless possibilities for entertainment & fun. Newer roof, water tank, & air conditioning. Convenient access to highways & local amenities. Don't miss your chance to make this property your own!

• Price: $835,000

• BR/Bath: 4 Bedroom / 3 Bath

• Sq. Feet: 2,003

• Avg. Daily Rate: $396

• Expected Occupancy Rate: 70%

• Expected Annual Revenue: $101,852

• Expected Annual Cash Flow: $28,298

• Expected Cash on Cash: 13.34%

2803 Torbett St, Nashville, TN 37209

Just Listed! This brand new, sprawling Modern home sits squarely in the heart of West Nashville. Awaiting you inside is a massive living space with contemporary design, tall ceilings and a covered porch area that leads you directly into your private backyard. Unlike most homes in this area, you will also have off-street parking to go along with a great deal of available, on-street parking in front of the home. Upstairs you will find a spa-quality Primary Suite to go along with 2 other roomy Bedrooms, a designated Home Office that is perfect for WFH and the perfect outdoor space in the form of a private rooftop deck with composite decking and one-of-a-kind views. All of these perks along with one of the best locations in the City make this a perfect option as a Primary Residence or as a Long-Term Investment. This home can be paired with 2805 Torbett - MLS #2760353 - and one home could be Long-Term rented while the other is used as an Owner-Occupied Short-Term Rental (STR) for a qualified purchaser, allowing you to list it for rent on Airbnb, VRBO and the like. Don't miss out on your to own this West Nashville gem and schedule your showing today!

• Price: $749,999

• BR/Bath: 4 Bedroom / 4 Bath

• Sq. Feet: 2,151

• Avg. Daily Rate: $548

• Expected Occupancy Rate: 47%

• Expected Annual Revenue: $93,123

• Expected Annual Cash Flow: $25,533

• Expected Cash on Cash: 13.16%

119 Walnut St, Ronceverte, WV 24970

Discover a piece of history. This landmark property, built in 1810, offers a unique opportunity as both a residence and a successful bed and breakfast. With 6 bedrooms and 5 bathrooms, this well-maintained home boasts versatility and charm. Located close to Lewisburg amenities and White Sulphur Springs, it's perfectly positioned for those seeking a balance of small-town living and nearby attractions. The property's potential extends to Airbnb opportunities, making it an excellent investment. Whether you're looking for a spacious family home or a turnkey hospitality business, this Ronceverte gem offers multiple possibilities. Don't miss the chance to own a piece of WV history while embracing modern opportunities in this charming and adaptable property. Welcome to 119 Walnut St, a captivating blend of Federal and Queen Anne architectural styles nestled in the heart of Ronceverte, West Virginia. This extraordinary property stands as a testament to the rich tapestry of American architectural history, seamlessly marrying the understated elegance of early 19th-century design with the ornate splendor of the Victorian era.

• Price: $490,000

• BR/Bath: 5 Bedroom / 5 Bath

• Sq. Feet: 4,564

• Avg. Daily Rate: $398

• Expected Occupancy Rate: 57%

• Expected Annual Revenue: $82,533

• Expected Annual Cash Flow: $31,896

• Expected Cash on Cash: 20.14%

128 W Mockingbird Ln, Austin, TX 78745

Charming Updated Home with Lucrative Short-Term Rental Potential! This home perfectly blends charm and modern amenities, making it an ideal investment or personal retreat. Sitting on .411 acres, the main house features 3 bedrooms & 2 bathrooms, plus the approximately 155 sq.ft. “tiny” house offers an additional lofted bed & bathroom. Recent improvements include fresh interior & exterior paint, updated fixtures throughout, front porch, replaced front & back door, landscaping & more! The property is highlighted by a large, sprawling backyard designed for ultimate relaxation and entertainment. The outdoor oasis features the unique “tiny” house, perfect for guests or as an additional rental space, a stylish cowboy pool for cooling off on warm days, and a deck that’s ideal for hosting gatherings. Currently used as a successful short-term rental, this property generated over $48K in income (over double what 12 month lease generates) in 2023, with similar projections for this year. Whether you're looking to continue the successful short-term rental track record, seeking a private haven, or enjoying the benefits of both a home and income potential, welcome to your own charming compound offering a rare opportunity to have your cake and eat it too.

• Price: $599,900

• BR/Bath: 4 Bedroom / 3 Bath

• Sq. Feet: 1,505

• Avg. Daily Rate: $595

• Expected Occupancy Rate: 41%

• Expected Annual Revenue: $89,483

• Expected Annual Cash Flow: $31,483

• Expected Cash on Cash: 20.14%

309 S Dudley St, Memphis, TN 38104

Historic American foursquare with grand foyer & double staircase, soaring ceilings with spacious rooms. Full of Southern charm with a grand front porch. Five bedrooms have full bathrooms attached, private office with dedicated entrance, and extra room for entertaining. Rear, gated parking. Perfectly nestled between Downtown and the Medical District, walking distance from UT Dental & Medical Schools. Approximately 6,218FT off of Beale. Tucked into the historic Peabody-Vance neighborhood, part of the Memphis Medical District Collaborative.

• Price: $450,000

• BR/Bath: 6 Bedroom / 6 Bath

• Sq. Feet: —

• Avg. Daily Rate: $562

• Expected Occupancy Rate: 50%

• Expected Annual Revenue: $103,215

• Expected Annual Cash Flow: $53,402

• Expected Cash on Cash: 51.60%

2805 Torbett St, Nashville, TN 37209

Just Listed! This brand new, sprawling Modern home sits squarely in the heart of West Nashville. Awaiting you inside is a massive living space with contemporary design, tall ceilings and a covered porch area that leads you directly into your private backyard. Unlike most homes in this area, you will also have off-street parking to go along with a great deal of available, on-street parking in front of the home. Upstairs you will find a spa-quality Primary Suite to go along with 2 other roomy Bedrooms, a designated Home Office that is perfect for WFH and the perfect outdoor space in the form of a private rooftop deck with composite decking and one-of-a-kind views. All of these perks along with one of the best locations in the City make this a perfect option as a Primary Residence or as a Long-Term Investment. This home can be paired with 2803 Torbett - MLS #2760345 - and one home could be Long-Term rented while the other is used as an Owner-Occupied Short-Term Rental (STR) for a qualified purchaser, allowing you to list it for rent on Airbnb, VRBO and the like. Don't miss out on your to own this West Nashville gem and schedule your showing today!

• Price: $694,999

• BR/Bath: 4 Bedroom / 4 Bath

• Sq. Feet: 2,151

• Avg. Daily Rate: $548

• Expected Occupancy Rate: 47%

• Expected Annual Revenue: $93,094

• Expected Annual Cash Flow: $28,914

• Expected Cash on Cash: 15.94%

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.