7 Best STR Finds | November 21, 2024

Atlantic City isn’t just about slot machines and saltwater taffy anymore—it’s a serious short-term rental hotspot. With 27 million annual visitors flocking to the boardwalk, beaches, and casinos, STRs in this area are cashing in big time. Case in point? Today’s featured property.

This newly renovated smart home grossed over $90K in 2023 as a short-term rental, and with its solar-powered energy efficiency and low taxes, it’s a dream for investors looking to maximize profit. Whether your guests are here for the bright lights of the Ocean Casino or the low-key charm of the Absecon Lighthouse, this location is at the center of it all—casinos, waterparks, breweries, fishing piers, and yes, that iconic boardwalk.

And first-time buyers can get generous down payment assistance of up to $50K making this gem even sweeter.

Bottom line: Atlantic City’s demand for STRs shows no signs of slowing, and properties with this kind of proven income potential don’t come along often.

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755 Clubhouse Dr, East Stroudsburg, PA 18302

Charming Chalet in Winona Lakes, An Airbnb Gem! Discover the perfect escape in the heart of the Poconos with this beautifully renovated three-bedroom, one-bath, ideal for both personal relaxation and investment opportunities. Welcoming open floor plan featuring brand new flooring. The modern kitchen boasts updated appliances and sleek finishes. A beautifully renovated bathroom. An impressive refinished loft space serves as a large bedroom. With brand new mini-split systems installed, enjoy year-round comfort in this cozy retreat. Its prime location allows for easy access to outdoor activities, scenic beauty, and local attractions! Don't miss out on this incredible opportunity to own a piece of paradise. Schedule your showing today!

• Price: $224,999

• BR/Bath: 3 Bedroom / 1 Bath

• Sq. Feet: 972

• Avg. Daily Rate: $262

• Expected Occupancy Rate: 60%

• Expected Annual Revenue: $57,026

• Expected Annual Cash Flow: $24,846

• Expected Cash on Cash: 40.42%

3077 S Acoma Street, Englewood, CO 80110

Welcome home to this stunning and elegant home at 3077 S Acoma St. This beautiful 4 bedroom, 4bath home offers an impressive 3,080 square feet of modern and sleek living space, perfectly designed for comfort and style. And with a rare pride and masterful craftsmanship that’s very hard to find in other newbuilds in the city, this home is a welcome oasis of comfort in the Mile High city.

Step inside to find a welcoming foyer that leads to an open concept living area, perfect for entertaining and complete with a cozy fireplace and easy flow between indoor and outdoor space in both directions. The dining space flows gracefully into the large eat-in kitchen, which is a chef’s delight with its oversized waterfall quartz island, pantry, and stainless steel appliances. And French doors lead you into a fabulous at-home office. Ascend the stairs to find a sprawling owners retreat with 5-piece bath, 2 bedrooms, a second full bath, and laundry. You’ll also find a full basement with 9’ ceilings framing a welcoming family room, guest room, bathroom, utility, and plenty of storage. And with fully owned solar panels, you’ll be sleeping easy with your environmentally conscious efficiency and utility savings.

Everything is convenient from this house: head to any of the countless shops and restaurants just moments away in every direction, do some SOBO antiquing up and down Broadway, meander to the South Pearl Farmers Market on a Sunday morning, be at Levitt Pavilion in 5 minutes to enjoy a free concert, or 20 minutes to be in the front row at Red Rocks Amphitheater or in the foothills of the Rocky Mountains. This home shows and lives beautifully and is ready for you to make it your home base for the best in Colorado living.

• Price: $950,000

• BR/Bath: 4 Bedroom / 4 Bath

• Sq. Feet: 3,080

• Avg. Daily Rate: $474

• Expected Occupancy Rate: 59%

• Expected Annual Revenue: $102,276

• Expected Annual Cash Flow: $21,565

• Expected Cash on Cash: 8.65%

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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.