- STR Daily
- Posts
- 12 Best STR Finds | November 21, 2024
12 Best STR Finds | November 21, 2024
The Market's Top Short Term Rentals – Yours Before Anyone Else.
Mark Borum
November 21, 2024
Looking for an investment that delivers both tranquility and top-tier returns? Picture this: a waterfront property surrounded by pristine state parkland, offering the perfect mix of natural beauty and income potential. With short-term rental demand in this region surging 18% year-over-year, homes with private docks and multi-unit setups are rare finds—and they don't stay on the market long.
Today’s featured property? It’s the ultimate catch. Think five spacious bedrooms, three full baths, and not one, but three Airbnb-ready setups in one! Guests can paddle directly from the private dock or unwind in a fenced yard that feels like a peaceful oasis. Oh, and it’s fully updated with new systems in place—making it as low-maintenance as it is high-reward.
Bonus? It comes with the option to snag all the furnishings and hit the ground running (just don’t forget to write it into your offer). Whether you're imagining a personal retreat or a lucrative investment, this hidden gem is waiting to charm guests—and pad your wallet.
Want the details? Sign up to unlock this listing and more handpicked STR opportunities. This property and more are in our premium offer, Investor’s Edge. The first 25 people to sign up get it for 52% off forever. Sign up below! 👇
Camp Beaver Creek is a beautiful custom built 4 BR 2 BA rustic Adirondack home located on 30 private acres surrounded by mountain views and with frontage on Beaver Brook for canoeing and fishing. Less than 6 miles to Whiteface Mountain Ski Center and close to the village of Wilmington. Lake Placid is a short 15-minute drive. Camp Beaver Creek includes in-floor radiant heat, new split wall units for AC and supplemental heat and a wood stove. The second level master bedroom suite includes an oversized shower, a jacuzzi tub, wine fridge, deck with outside shower and a separate screened-in porch. Outdoor features include a hot tub, barrel sauna, fire pit and patio grilling area. Excellent vacation rental history.
Price: $765,000
BR/Bath: 4 Bedroom / 2 Bath
Sq. Feet: 2,148
Avg. Daily Rate: $393
Expected Occupancy Rate: 59%
Expected Annual Revenue: $84,318
Expected Annual Cash Flow: $16,503
Expected Cash on Cash: 8.36%
Brand new home on a Large Waterfront Lot that sits on over .70 acres. Built in 2022 for lake living at it’s finest & no corners cut on finishes inside. An absolute must see. The large backyard creates a fun area for the kids and 4 legged friends to run and swim. The sandy, zero entry shoreline is perfect for a walk in for those wanting to get their feet wet or simply pull the kayak to launch with minimal effort. The shoreline boasts 200 feet including personal yearly Boat Ramp for all your fun toys! The pier is a brand new fixed and covered dock perfect for sunning and watching family & friends swim or relax. The backyard also has a Car port or Boat port. No HOA & perfect for a potential summer home getaway, VRBO or AirB&B. The location is right down the road from grocery stores and other main restaurants and shopping. If your looking for Lake Life this is perfect spot to get you right on the main channel of Lake Norman. Septic is 4 bedroom but home has more rooms that can be used.
Price: $1,299,000
BR/Bath: 6 Bedroom / 4 Bath
Sq. Feet: 3,207
Avg. Daily Rate: $798
Expected Occupancy Rate: 48%
Expected Annual Revenue: $141,192
Expected Annual Cash Flow: $35,748
Expected Cash on Cash: 10.81%
Subscribe to STR Daily Pro to read the rest.
By joining STR Daily Investor’s Edge you get to read the rest of this post and access to Premium Member only content.
A subscription gets you:
10+ of the best handpicked properties to hit the market every single day… before everyone else.
An additional 40-80 quality properties that didn’t make the newsletter each day in a running Google sheet.
The ‘Investment Analysis’ spreadsheet I use to evaluate my investment opportunities.
The ‘Monthly Revenue Tracker’ I use to manage my Airbnb P&L.
The ‘Mortgage Payoff & Amortization Schedule’ I use to monitor may pay down rate and property equity.
Quarterly in-depth write-ups to deliver must know industry trends.
The first 25 people to sign up receive Investor’s Edge: STR Daily Pro for 52% of the standard price for the life of their membership. Join us today!
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.