10 best short term rental investment opportunities | October 26, 2021
703 Crystal Falls Dr, Westcliffe, CO 81252
Welcome to Chirping Pines, a custom A-frame built in 2021, and modern architectural masterpiece. A true mountain dream, with almost 5 acres of treed and private land with amazing Wet Mountain views. Virtually maintenance free with factory-painted composite siding and metal roof. Two RV pads are located on the property with full water/sewer/electric hookup, which is a huge added bonus. As you walk up to this home you will find a beautiful, maintenance free composite deck with modern railing and a large expansive front wall of windows letting in tons of light along with amazing mountain views. The floor plan takes advantage of every sqft and feels very large due to the open floor plan and 26ft tall ceilings. All tongue and groove interior finish adds to the cozy, cabin feel Fully equipped and beautiful, high end kitchen with stainless steel appliances. The living room has a high-quality, cast-iron Morso wood burning stove, along with electric radiant heat. 7 large skylights, 3 of which are operable, let in a ton of light and also great for star gazing. Full-size bath with a deep soaking tub and beautiful pebble-tile waterfall. The bedroom contains access to crawl space and hookups for a stackable washer/dryer. Climb up the ladder to the large loft and your breath will be taken away by the amazing mountain and sky views. Loft can easily accommodate a king size bed for an additional sleeping area. WiFi thermostats allow you to control the temperature remotely, a huge bonus when temps drop while away. High speed internet access available (not currently connected) through CCTC or Starlink. Property can also be used as a short term rental. 20 min from the town of Westcliffe with restaurants and stores galore. Hike in the Sangre De Cristo Mountains, or head to the Sand Dunes! 2.5 hrs from Littleton, 1 hr to Canyon City, 1 hr to Salida. This one is a rare and amazing find, and will not last long! Call Clay Tichota if you are interested in this amazing property!
$399,000
1 Bedroom, 1 Bath
Average Daily Rate: $214
Expected occupancy rate: 58%
Monthly expected income: $3,782
Monthly expected expenses: $2,123
Monthly expected cash flow: $1,659
Expected cash on cash return: 18.5%
395 Way Up Yonder Rd, Waynesville, NC 28786
Peace and Privacy with view on 4.11 acres. Exciting updated A-frame featuring granite countertops and stainless steel appliances. Enjoy closeness to Downtown Waynesville, hiking, parkway, but in a world all your own! Bask in the warm sunshine on the deck or with awning, complete with great view of mountains in the distance. Road is a country road. No restrictions or HOA. Even the dog has privacy with fenced lot. Nice furniture is included with some exceptions. No accessories or personal belongings.
$410,000
3 Bedrooms, 2 Baths
Average Daily Rate: $261
Expected occupancy rate: 59%
Monthly expected income: $4,683
Monthly expected expenses: $2,657
Monthly expected cash flow: $2,026
Expected cash on cash return: 22%