12 best Airbnb investment opportunities | April 6, 2022
Four above 10% cash on cash return. Today's list: NC, TN, ME, WA, NH, OH, MA, VT, and CA.
216 Marneys Vista Rd, Waynesville, NC 28786
Wonderful views from this open floor plan home with lots of natural light flowing into the vaulted great room. This 3 bedroom 2.5 bath mountain retreat will mesmerize you with the valley and mountain views from the large main level master bedroom, great room, loft, screened porch and open and covered deck. Step out from your kitchen into the screened porch to enjoy your breakfast in the cool mountain air. The split bedroom plan places the two addition bedrooms downstairs with a second living space and it's own small deck. The garage is in the basement and has a large area for a workshop or storage. The slope of the lot means that you will be able to control your view for years to come. All of this and only 4 miles to Main Street Waynesville with shops and restaurants as well as a short drive to the Blue Ridge Parkway.
$499,000
3 Bedrooms, 3 Bathrooms
Average Daily Rate: $233
Expected occupancy rate: 68%
Monthly expected income: $4,666
Monthly expected expenses: $3,465
Monthly expected cash flow: $1,201
Expected cash on cash return: 10.9%
5730 Old Snapps Ferry Rd, Limestone, TN 37681
Secluded Limestone getaway where it's just you, deer and turkey. This hand-hewn log cabin sits on just over 10 acres of wooded, rolling land in picturesque Greene County. The cavernous great room swallows you upon entry: two-story river rock wood burning fireplace, open-concept with soaring ceilings, exposed upstairs walkway and natural pine everywhere! The kitchen boasts granite tile floors, double ovens, large bar and stainless appliances. Currently, the living area is laid out with a sofa, couch and large recliner--and there's room to spare. Directly behind the living space is a dedicated dining area. Additionally, the main level features two guest bedrooms (one featuring an en suite) and two full baths. An oversized hallway laundry room features plenty of space for folding and storing with it's abundance of cabinetry. Upstairs, an enormous loft is ready for whatever you can throw at it--kid's space, man cave, office, etc. it's got you covered. The remaining area is all master suite. The bedroom is enormous. There's space for a full king bedroom suite then the residual space could accommodate a sitting area. There is also a walk-in closet and adjoining bathroom. The full unfinished basement currently serves as storage space. However, finishing it out is very feasible with the exaggerated ceiling height, plumbing in place for a bathroom and a second fireplace. Outside, there are covered porches at the front and rear to take in views from multiple directions. The land is unrestricted so the hunting and recreational possibilities are limitless. Come experience some of the best northeast Tennessee has to offer!
$469,900
3 Bedrooms, 3 Bathrooms
Average Daily Rate: $241
Expected occupancy rate: 60%
Monthly expected income: $4,258
Monthly expected expenses: $3,210
Monthly expected cash flow: $1,048
Expected cash on cash return: 10%