12 best Airbnb investment opportunities | March 21, 2022
Five above 10% cash on cash return. Today's list: TN, VA, NC, GA, CA, and NY.
225 Alpine Mountain Way, Pigeon Forge, TN 37863
2 bed/2 bath cabin with extra bunk space located in Alpine Mountain Village! This one is special! Located just about a mile away from the Pigeon Forge Parkway, this cabin is located in a resort with community pool, public utilities, and high speed internet. Wrap around deck features two outdoor fire pits and plenty of seating for guests. Open floor plan with 80 inch tv in main living space, full sized gas log fireplace, table and seating for dining, and spacious kitchen with fully updated appliances and granite counter tops. You will also find granite counter tops in each of the bathrooms, along with cobblestone walk in showers. The bedrooms feature natural real log furniture. Upstairs, in the loft, there is a second sofa set for entertaining or relaxing at the end of the day. On the back porch of this cabin sits a large hot tub on a covered private deck. This one will do FANTASTIC on rentals. Come see it soon! All information deemed reliable, buyer to verify.
$550,000
2 Bedrooms, 2 Bathrooms
Average Daily Rate: $270
Expected occupancy rate: 68%
Monthly expected income: $5,423
Monthly expected expenses: $3,431
Monthly expected cash flow: $1,992
Expected cash on cash return: 16.4%
19373 N Fork River Rd, Abingdon, VA 24210
As you enter the main level you will feel right at home. This beautiful country home welcomes you with a stone fireplace equipped with gas logs and beautiful wood beams in the vaulted ceilings. Large Anderson windows allow for majestic views of the mountains and river. Country living should be simple so this 4 bedroom 2 and 1/2 bath home has the master bedroom and master bathroom with a walk-in closet on the main level. The laundry room is also located on the main level to save you steps with those household chores. There is a 24x26 carport with entry into the main level and a 1 car drive under garage on the lower level. There is a separate 24x28 work shop with a garage door at the driveway with electric and water for easy storage of your lawn equipment, big boy toys and still room for more. This fully functioning farm has every thing you need. There is a 62x48 barn has electric and water plus a 22x18 shed with electric also giving you ample room for farm equipment storage and crops. The pastures are completely fenced and cross fenced with underground water lines supplying 4 Ritchie automatic watering troughs. All this plus 1200 feet of river frontage on the North Fork Holston River for great fishing and kayaking and Brumley Creek running through that is occasionally stocked with trout.
$695,000
4 Bedrooms, 3 Bathrooms
Average Daily Rate: $312
Expected occupancy rate: 60%
Monthly expected income: $5,523
Monthly expected expenses: $3,972
Monthly expected cash flow: $1,551
Expected cash on cash return: 10.2%