• STR Daily
  • Posts
  • 10 Best STR Finds | November 17, 2024

10 Best STR Finds | November 17, 2024

For investors who want to save time finding each new day's top opportunities.

Author

Mark Borum
November 17, 2024

New Orleans’ short-term rental market is a blend of historic charm and modern appeal, much like the city itself. With nearly 10 million visitors annually and a rising demand for authentic stays in neighborhoods rich with character, properties like this one in the Esplanade Ridge are prime STR gold.

Today’s featured home? A Victorian gem with three bedrooms, nestled in the heart of one of New Orleans’ most storied districts. This beauty marries its award-winning historic features—like original hardwood floors, intricate moldings, and private balconies—with modern upgrades, including energy-efficient windows, solar panels, and a fully renovated kitchen.

For guests, it’s a ticket to step back in time with all the comforts of today. For investors, it’s a recipe for success in a city where demand for distinctive accommodations continues to grow. Host a jazz-loving weekend crowd, a family Mardi Gras retreat, or traveling professionals looking for a slice of Big Easy magic—this home’s courtyard and porches alone scream book me now.

Want a piece of the New Orleans rental boom?

Check it out and 9 others in today’s handpicked homes.

Beautifully redone 3 bedroom Victorian home in historic Esplanade Ridge neighborhood, winner of Historic District Landmark Commission's Architectural award in 2001. Recent renovations include roofing, energy efficient windows, solar panels, complete kitchen renovation, foundation improvements, and bathrooms, still intact is all of the original charm, natural light, staircases, moldings, and original hardwood floors, courtyard, porches, and private balconies and many entertainment options, indoor and out.

  • Price: $520,000

  • BR/Bath: 3 Bedroom / 4 Bath

  • Sq. Feet: 2,016

  • Avg. Daily Rate: $360

  • Expected Occupancy Rate: 47%

  • Expected Annual Revenue: $61,448

  • Expected Annual Cash Flow: $10,640

  • Expected Cash on Cash: 7.61%

OPPORTUNITY AWAITS! Discover one of the most affordable single-family homes within Angel Fire Resort! This charming retreat is in an easily accessible location on Via del Rey, with Monte Verde Lake nearby for fishing, hiking, and fun lake activities, and only minutes to the skiing, mountain biking and PGA-rated golfing. Enjoy peaceful surroundings with vacant lots on one side and an expansive greenbelt behind. RECENT UPDATES: This home boasts a newer roof (withing past 5-10 yrs,) water heater (2023), and dual-pane windows for energy efficiency. The kitchen shines with hickory cabinets, soft-close hinges, custom drawer pull-outs, a tile backsplash, a stainless sink. PLUS, newer kitchen and laundry appliances are included! . . . The inviting wood-burning stove in the living room adds a cozy touch, perfect for making memories with family and friends. The two-car garage connects to the home via a covered deck, providing shelter from winter weather. From the kitchen step into your fenced yard and head to a spacious rear deck overlooking the serene greenbelt—ideal for stargazing and wildlife watching. PRICED TO PERSONALIZE: This competitively priced home allows room in the budget to update the deck and interior finishes to make it your own. Don’t miss out—this diamond is waiting for you to make it shine again!

  • Price: $385,000

  • BR/Bath: 3 Bedroom / 2 Bath

  • Sq. Feet: 1,200

  • Avg. Daily Rate: $356

  • Expected Occupancy Rate: 40%

  • Expected Annual Revenue: $52,118

  • Expected Annual Cash Flow: $10,419

  • Expected Cash on Cash: 10.36%

Spacious, bright, updated, & well cared for home, in Boulder's sought after Heatherwood Neighborhood is move-in ready! This inviting home has an updated look, with new paint inside and out, new carpet, lights, and freshly renovated primary bathroom. The updated kitchen, w/ Caesar Stone Counters, GE Appliances, and large center island, flows into the dining room, vaulted living room, and family room w/ cozy wood fireplace. Entertain or relax on the covered backyard patio off the kitchen, offering the perfect blend of indoor-outdoor living. Skylights throughout the house provide a bright airy feel. Flatiron views from the master bedroom & bath, with 2 more upstairs bedrooms, full bath, and an office space. A large finished basement expands the possibilities of this home. With a legal 4th bedroom, spacious rec room, ample storage, and convenient laundry facilities, this versatile space adapts to your lifestyle needs, whether it's a private guest space, fitness area, or entertainment hub. Spacious 3 car garage provides room for cars, tools, and toys. Get ready to charge that new electric vehicle...8.9 kW SOLAR PV SYSTEM installed in 2019 makes your electric bill non existent! The Heatherwood Neighborhood is SURROUNDED by Open Space... Cyclists, runners, dog owners & nature lovers will relish the immediate access to multiple trails right out the door. A stone's throw away from Gunbarrel's "Town Center," grocery stores, local breweries, restaurants, and the Boulder Reservoir, you'll find everything you need within reach. Families will appreciate the added perk of Heatherwood Elementary being an easy stroll away, streamlining school mornings. Radon Mitigation in place. Nest thermostat, Ring Doorbell. Updated windows. Newer Lennox AC and Furnace. Tankless On-Demand water heater (2023).

  • Price: $849,700

  • BR/Bath: 4 Bedroom / 3 Bath

  • Sq. Feet: 3,284

  • Avg. Daily Rate: $443

  • Expected Occupancy Rate: 63%

  • Expected Annual Revenue: $101,324

  • Expected Annual Cash Flow: $26,902

  • Expected Cash on Cash: 11.79%

Spacious 6-bedroom, 3.5-bath vacation home chalet set on 3.75 acres just minutes from Mount Snow. Abundant natural light streams through large picture windows, enhancing the open-concept main level, which features a cozy living room with a wood-burning fireplace, a dining area, and a galley kitchen, along with two bedrooms and a full bath. The lower level boasts three additional bedrooms, a den, a 3/4 bath, and a half bath, while the upper level offers a bedroom with its own 3/4 bath. Recent upgrades include a new roof, a replaced sewer line to the septic, a new 1,000-gallon septic tank, and a new well pump. Being sold as is and furnished. The property also features an additional parking area and a stairwell leading to the front door. Ideally located to enjoy southern Vermont’s year-round recreation, including skiing, snowmobiling, hiking, biking, golfing, swimming, and boating, this home is a perfect blend of elegance and comfort for a seasonal retreat or full-time living.

  • Price: $469,000

  • BR/Bath: 6 Bedroom / 4 Bath

  • Sq. Feet: 2,400

  • Avg. Daily Rate: $682

  • Expected Occupancy Rate: 41%

  • Expected Annual Revenue: $101,138

  • Expected Annual Cash Flow: $50,314

  • Expected Cash on Cash: 38.15%

1 Elbern Drive is a 4-bedroom Colonial located on a cul-de-sac in the desirable Town of LaGrange in the Arlington School District. The open & spacious floorplan features large living room, formal dining room, well-designed EIK w/granite countertops, SS appliances, double oven, pantry cabinet, pull out cabinetry & breakfast bar. The main level also features a cozy family room w/fireplace, half bath, covered deck overlooking .98 acres of peaceful & flat grounds w/16 X 32 in-ground pool. There are 4 bedrooms on the 2nd level, two hall closets, full sized bath and half bath off the Master. Additional great space in the finished walk-out basement w/WBS, laundry room, Rec Space & walk-out to yard & patio. Oversized 2-car garage has loft ceilings and large workshop area. Good storage throughout, flat driveway & attached shed. BRAND NEW GAF roof, new plywood, new 200 AMP main service panel, new solar panels. The owner is WILLING to pay the ENTIRE solar system off at closing! SIGNIFICANT ENERGY SAVINGS for new owner!!! See attached feature sheet for additional updates. Overall, Great layout & property! Close to Taconic State Parkway, golf, shops, schools. Appliances: Electric RangeWater Softener Owned BuildingAreaSource: Appraiser, FireplaceFeatures: Basement, Family Room, Flooring: Laminate, InteriorFeatures: Bar, Breakfast Bar, Open Floorplan, Storage, LaundryFeatures: Laundry Room, PatioAndPorchFeatures: Covered,

  • Price: $489,000

  • BR/Bath: 4 Bedroom / 3 Bath

  • Sq. Feet: 2,096

  • Avg. Daily Rate: $441

  • Expected Occupancy Rate: 62%

  • Expected Annual Revenue: $99,704

  • Expected Annual Cash Flow: $47,756

  • Expected Cash on Cash: 35.79%

Welcome to your private 5-acre sanctuary, a homesteader's dream offering versatility and modern comforts. This secluded property features a year-round running creek, tongue and groove cedar ceilings, a heated kitchen floor with a Wolf range, and a basement perfect for rental or separate living quarters. Enjoy ample space with a 24x24 barn, a 4-car tandem garage, and a giant patio ideal for entertaining. Enter through a charming bridge and river rock wall entrance, with a freshly graded driveway and a new security gate ensuring ease and safety. Delight in the lush orchard with apples, pears, cherries, blueberries, raspberries, and figs. Embrace this unique blend of rustic charm and contemporary convenience?your perfect retreat awaits!

  • Price: $749,900

  • BR/Bath: 4 Bedroom / 3 Bath

  • Sq. Feet: 3,162

  • Avg. Daily Rate: $357

  • Expected Occupancy Rate: 71%

  • Expected Annual Revenue: $92,359

  • Expected Annual Cash Flow: $24,836

  • Expected Cash on Cash: 12.17%

STOP!! If you are looking to invest in a rental income cabin, you MUST see this one, or you will kick yourself later when it's gone!!!! This is truly an Investors dream rental income cabin with a private heated indoor-pool located in The Great Smoky Mountains. The cabin has a stunning/impressive Rental Income of $146,419 for 2023 and still doing great!!! This amazing pool cabin also has wonderful long range Mountain Views, 3 Bedrooms with desirable private bathrooms in each bedroom and an additional held bath in the indoor pool room on the bottom floor, Theater Room, Game Room, hottub area, extended outdoor deck area with balconies on 3 sides of the cabin, only a few steps to the cabin front door, EV charger, tons of amenities at this cabin which makes so desirable to guests. Easy drive to the cabin with cell phone reception, great Star Link internet, and many more amenities. The current owner is downsizing and Motivated which makes this an Amazing deal to snatch up before it's gone. We have been managing this cabin for the owner for the last couple years and we will be happy to continue managing it for you if you like. Book you're showing today before it's gone, so you don't kick yourself later :-)

  • Price: $965,000

  • BR/Bath: 3 Bedroom / 4 Bath

  • Sq. Feet: 3,649

  • Avg. Daily Rate: $525

  • Expected Occupancy Rate: 65%

  • Expected Annual Revenue: $124,628

  • Expected Annual Cash Flow: $41,199

  • Expected Cash on Cash: 15.94%

Welcome to your coastal retreat in the heart of Panama City Beach! This beautifully maintained 3-bedroom, 2-bathroom home features an open floor plan with a spacious living area, custom built-in shelving, a cozy fireplace, high ceilings, and abundant natural light. The kitchen boasts granite countertops, a pantry, and updated appliances. Recent updates include a new water heater and HVAC system with a smart thermostat for added convenience.The master suite offers patio access, a walk-in tiled shower, and a spacious walk-in closet. Two additional bedrooms provide plenty of room for family or guests.Step outside to a private backyard oasis complete with a cypress wood arbor, perfect for relaxing or entertaining. The fully fenced yard includes an irrigation system, a concrete pad with a double gate for boat storage, and lush landscaping. A powered tool shed adds extra functionality.Conveniently located just minutes from the beach, shopping, dining, and highly rated schools, 5312 Long John Drive combines comfort, style, and convenience. Don't miss your chance to call this exceptional property home--schedule your showing today!

  • Price: $464,000

  • BR/Bath: 3 Bedroom / 2 Bath

  • Sq. Feet: 1,344

  • Avg. Daily Rate: $336

  • Expected Occupancy Rate: 50%

  • Expected Annual Revenue: $61,522

  • Expected Annual Cash Flow: $14,177

  • Expected Cash on Cash: 11.80%

Introducing your dream coastal retreat! This exquisite 5-bedroom, 3.5-bath raised beach house, on the lake, is the epitome of seaside luxury. Nestled in the heart of the Ocean Lakes community, this stunning home offers the perfect blend of comfort and style. With spacious living areas and multiple balconies, you'll have ample space to entertain and savor breathtaking sunsets. Relax in your private oasis. Make every day a beach day. Don't miss your chance to live the coastal life you've always dreamed of – schedule a viewing today! More pics to come soon!

  • Price: $799,500

  • BR/Bath: 5 Bedroom / 4 Bath

  • Sq. Feet: 1,780

  • Avg. Daily Rate: $572

  • Expected Occupancy Rate: 40%

  • Expected Annual Revenue: $83,209

  • Expected Annual Cash Flow: $13,346

  • Expected Cash on Cash: 6.62%

Castlehigh is a stunning two-story water view home in a beautiful cove of Lake LBJ. It is the perfect location for a vacation home or for full-time living. Its a well designed home featuring lots of light, 3 bedrooms, 2 full baths, 1 half bath, and an open floor plan living area great for entertaining. Ample kitchen space to prepare and serve holiday foods and a fireplace to cuddle up with family in the evenings. The primary bedroom has a private balcony with beautiful westerns views of the main body of Lake LBJ. The guest suites feature a Jack and Jill style bathroom and an on-level laundry room. A Secondary covered patio with stairs down to your backyard giving you effortless outdoor living with ample space to relax and take in the lake life feeling. The attic has spray foam insulation making it a cool space. The exterior is woodless for exceptional wood-eating pest prevention except the wood deck which also features saltwater rated piers. This home boosts the water view without the extra waterfront taxes with just a small easement and shore of separation. The cove has been recently cleaned and looking amazing. Owner has future build sites on location with information available upon request.

  • Price: $595,000

  • BR/Bath: 3 Bedroom / 3 Bath

  • Sq. Feet: 1,836

  • Avg. Daily Rate: $338

  • Expected Occupancy Rate: 58%

  • Expected Annual Revenue: $71,431

  • Expected Annual Cash Flow: $15,178

  • Expected Cash on Cash: 9.78%

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.