10 best Airbnb investment opportunities | March 24, 2022
Five above 19% cash on cash return. Today's list: WA, NY, NH, PA, GA, MI, OK, AR, and NC.
1931 Norma Rd NE, Tacoma, WA 98422
Enveloped by trees for perfect privacy, this Modern Northwest style home is being offered for the first time. A quintessential tree house designed by renowned Architect L. Jane Hastings, one of the first female Architects in Washington. The bridge from the street beckons you into this one of a kind home with it's soaring ceilings & warm hardwoods, Thoughtful window placement allows nature to come inside. Two primary suites are found; one on the upper level with an ensuite bath, a second on the main level, which was an AIA award winning addition designed by Architect Ko Wibowo in 2014. This addition includes an office area & beautiful built in details, all accessed through the grand slab pivoting door. Property borders Dash Point State Park.
$775,000
3 Bedrooms, 3 Bathrooms
Average Daily Rate: $298
Expected occupancy rate: 67%
Monthly expected income: $5,896
Monthly expected expenses: $4,659
Monthly expected cash flow: $1,237
Expected cash on cash return: 7.4%
38 N Ohioville Rd, New Paltz, NY 12561
This Hudson Valley gem sits on 7 sunny acres, surrounded by mature trees, an expansive deck for outdoor living, an oversized detached garage/barn, and chicken coops for farm-fresh eggs. Just 90-miles from NYC, this upstate New York town is the ideal place for outdoor adventures, relaxation and entertaining. The perfect full-time or weekend home, the owners have completely transformed every square inch of this magazine-worthy space. Beautifully updated and reimagined, enter the home into the jaw dropping original sunroom, which is presently used as sun-drenched dining area, leading into the open concept living room and kitchen with gleaming hardwood floors, beautiful exposed beamed ceilings, brand new kitchen with cabinets, countertops, all new appliances, and walks-out to the rear deck, perfect for dining alfresco or enjoying outdoor living with family and friends. The kitchen flows into the gorgeous living room, which is filled with light and flawless natural elements and shares an entry with the front sitting room/playroom with a wood-burning stove for added warmth. Off the living room you will find a primary bedroom suite with an ensuite full bathroom and walk-in closets. The ground floor also features a second fully remodeled full-bathroom and mud-room area with laundry. The solid wood staircase leads to the second floor where you will find two additional generous bedrooms. Minutes to the best eateries, shopping, hiking, world-class climbing and all the Hudson Valley has to offer at your fingertips. Every detail here is well thought out - this is one you don't want to miss!
$325,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $287
Expected occupancy rate: 65%
Monthly expected income: $5,511
Monthly expected expenses: $3,797
Monthly expected cash flow: $1,714
Expected cash on cash return: 23.1%