11 best Airbnb investment opportunities | October 20, 2022
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4280 French Creek Rd, Shingle Springs, CA 95682
Tucked into the golden foothills of Shingle Springs sits a property guaranteed to take your breath away. Welcome to 4280 French Creek Rd, or as some call it, French Creek Heaven. This home has been cherished for many years and is ready for new owner. With stunning views of the valley, floor to ceiling windows, and an incredible pool / outdoor patio area, this home has it all. The private 2,521 SqFt home sits on 3.3 acres just minutes from Highway 50 and offers 3 bedrooms / 3 baths and a expansive living space. Large windows throughout stream in natural light from every direction and offer spectacular views of the foothills. Charming mid century modern feel with open beam ceilings in the living room. Spacious kitchen dining room combo with granite countertops and new stainless steel appliances. Large bonus room above garage with bath. Fresh interior and exterior paint. New HVAC, newer roof, pool pump, and hot water heater. The yard is an entertainer's dream featuring a beautiful pool and oversized patio area with a water fountain and outdoor kitchen/ bar area. The entire lot has been meticulously maintained and cleared making it extremely usable and accessible. The list goes on and on. Welcome home to your own slice of gold country paradise.
$875,000
3 Bedrooms, 3 Bathrooms
Average Daily Rate: $366
Expected occupancy rate: 70%
Monthly expected income: $7,793
Monthly expected expenses: $6,291
Monthly expected cash flow: $1,502
Expected cash on cash return: 7.8%
4377-N4377 Traders Mine Rd, Iron Mountain, MI 49801
So peaceful and quiet! This charming cottage-style home is nestled on a beautiful 1.74-acre homesite with over 200 ft of beachy frontage on Spring Lake! With 3 bedrooms (one on every level!) and 2 baths, other features include an abundance of knotty pine detail plus cathedral ceilings, floor-to-ceiling brick fireplace, first-floor laundry, and dry storage in the attic. The lower level has a great family room and its own entrance, making it ideal for use as an Air B&B. Outside is a large fenced garden with shed and a detached 1.5-car garage with 3 attached lean-tos. At the water's edge is your dock, raft, and shed to store water toys and equipment. No-wake Spring Lake offers awesome swimming, canoeing, kayaking, paddle-boarding, fishing/ice-fishing, and skating. Nice location only minutes from town, yet with lots of wildlife around and four-wheelers/ATVs are allowed on the road.
$265,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $199
Expected occupancy rate: 69%
Monthly expected income: $4,177
Monthly expected expenses: $2,644
Monthly expected cash flow: $1,533
Expected cash on cash return: 23.2%