10 best Airbnb investment opportunities | March 16, 2022
Six above 16% cash on cash return. Today's list: CA, NC, GA, TN, and MI.
11818 Ridge Dr, Guerneville, CA 95446
Romantic Ridge-top Retreat - Peacefully set in a coveted ridge-top neighbourhood, just outside of Guerneville, this romantic 1BR + Den, 1BA cottage exudes Russian River charm and offers a darling get-a-way amongst the Redwoods. Lush and oversized main bedroom feels luxurious with beautiful tree-top views. Move-in ready with new paint, carpets & flooring. Available high speed internet makes for easy work from home. On municipal water and newer updated 1000 gal. Septic / leach. Don't forget your detached bonus structure that's ready to become the perfect artist studio, workshop or 'They-cave'. Moments to world-class wineries, eats and recreation -- this little gem is your golden opportunity to secure a lovely refuge in the woods!
$483,000
2 Bedrooms, 1 Bathroom
Average Daily Rate: $266
Expected occupancy rate: 70%
Monthly expected income: $5,563
Monthly expected expenses: $3,114
Monthly expected cash flow: $2,449
Expected cash on cash return: 22.8%
3855 Howards Creek Rd, Boone, NC 28607
Nestled amongst huge rhododendron, crystal cascading waters, & gently winding banks of Howards Creek, a timeless 2BD, 2.5 BA real log sanctuary awaits! Tempting your inner child with babbling creek-songs, choice swimming holes, & whimsical charm, your adult expectations will not be compromised one bit in this newly renovated and thoughtfully designed mountain creekside. Two primary suites, each with double vanities & direct creek access, an adorable sleeping loft for three, & fourth sleeping room or flex-space, this whimsical gem accommodates all! Open concept design boasts wide plank pine floors, a bright dining room, an impressive kitchen with granite counters, custom cabinets, SS appliances, eating bar w/ reclaimed barnwood, & a cozy living room anchored by a vintage stone wood-burning FP & newly fitted half-bath. Walls of windows & glass doors lure you out to a large covered porch overlooking stocked trout waters & a custom concrete patio w/ firepit. You'll be charmed by the water's edge dancing so nearby. A rare primary, second-home, or rental opportunity is tucked perfectly on an amazing near acre lot. Welcome to "Dancing Waters Lodge"...Welcome home.
$550,000
2 Bedrooms, 3 Bathrooms
Average Daily Rate: $194
Expected occupancy rate: 71%
Monthly expected income: $4,056
Monthly expected expenses: $3,264
Monthly expected cash flow: $792
Expected cash on cash return: 6.5%