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- 9 Best STR Finds | December 7, 2024
9 Best STR Finds | December 7, 2024
The Market's Top Short Term Rentals – Yours Before Anyone Else.
Mark Borum
December 07, 2024
Chattanooga’s STR market is sizzling, and for good reason: a mix of scenic beauty, urban convenience, and year-round tourist appeal is turning properties into profit-generating machines. With Tennessee STR revenues up 18% year-over-year, the demand for high-quality, versatile rentals shows no signs of slowing.
And today’s featured listing? It’s an absolute showstopper with it’s expected 38% cash-on-cash return.
Set on 10 private acres just minutes from downtown Chattanooga, this estate is more than a home—it’s a business opportunity wrapped in Southern charm. The main house boasts five bedrooms, five baths, and all the upscale touches you’d expect, while the detached two-bedroom guest house offers even more flexibility. Think: multigenerational living, dual STR listings, or the ultimate owner-occupied rental setup.
With two fully equipped kitchens, sprawling patios overlooking a pool and spa, and a basement with direct outdoor access, this property practically screams “luxury retreat.” Add in the firepit and lush surroundings, and you’ve got a recipe for year-round bookings and delighted guests.
Looking for a property that combines scale, style, and serious income potential? Don’t miss this listing—or the rest of today’s handpicked opportunities in the newsletter.
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Beautiful home minutes from Riley's Bay and Sand Bay. A short drive to all Door County has to offer! Built in 2022 this home offers impressive open concept living room kitchen with space for large table, vaulted ceilings, full kitchen with lots of cabinets & large island. Main level bedroom and full bath with custom tile shower. Upper level offers 2 additional bedrooms & full bath. Huge rec room w/2nd refrigerator, sink & island w/seating. Pool table, games, table, couches & TVs. Covered patio & outdoor game area. Zoned in-floor heating & FS and AC. Garage w/in-floor heat sep. zone from home. Currently used as short-term rental. Property has 4.92 stars & "Guest Favorite" badge. Rental permits are nontransferable. Buyer would need to reapply for permit.
Price: $799,000
BR/Bath: 3 Bedroom / 3 Bath
Sq. Feet: 2,592
Avg. Daily Rate: $444
Expected Occupancy Rate: 51%
Expected Annual Revenue: $82,517
Expected Annual Cash Flow: $8,614
Expected Cash on Cash: 4.11%
Welcome to 623 Belldons Rd. Amsterdam - your private retreat on 6.69 acres! This 4-Bedroom, 2-Bath, 3,023 sqft home offers endless possibilities. Unique original hardwood flooring with planks that are upwards of 16'', original beams & features hug you warmly & securely as you enter your new home. This well maintained property offers a wonderful marriage between old and new. Enjoy cozy evenings as you snuggle up to one of two fireplaces & step outside into your oasis that offers something to enjoy all 4 seasons. Conveniently located near local amenities, schools and more. Whether you're seeking a peaceful escape or lucrative opportunity for AirBnB as your new home is just a short hike from the Great Sacandaga Lake & Saratoga Race track. Don't miss your chance to own this one of a kind gem
Price: $525,000
BR/Bath: 4 Bedroom / 2 Bath
Sq. Feet: 3,023
Avg. Daily Rate: $303
Expected Occupancy Rate: 52%
Expected Annual Revenue: $57,138
Expected Annual Cash Flow: $3,508
Expected Cash on Cash: 2.32%
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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.