9 best short term rental investment opportunities | October 21, 2021
198 Ashley Ln, Murphy, NC 28906
Pristine mountain cabin with views! You'll fall in love with this cozy and warm 2 bedroom, 2 bathroom, all wood cabin! Living area with gas log fireplace to keep you warm on those chilly mountain nights. Kitchen is equipped with wall oven, surface cook top, trash compactor and counter microwave. Sunroom with wall of windows and 2 sliders for access to the expansive deck. Split bedroom plan with each having a separate bathroom. This home has been meticulously maintained and is being sold furnished. Views could be EXTREME with a bit of tree topping.
$254,900
2 Bedrooms, 2 Baths
Average Daily Rate: $202
Expected occupancy rate: 52%
Monthly expected income: $3,189
Monthly expected expenses: $1,746
Monthly expected cash flow: $1,443
Expected cash on cash return: 24.1%
709 Burke Ave NE, Grand Rapids, MI 49503
Welcome home! This wonderfully updated home is ready for you to move right in. From the moment you enter the front door, you will love the open floor plan, as well as new flooring and fresh paint throughout. The upper level consists of two large bedrooms and a newly updated full bathroom. You will love the spacious closets! No expense was spared in the lower level of the home, featuring new drywall, paint, and an amazingly updated full bathroom. The home also includes a brand new furnace and A/C unit. The fully fenced-in back yard is perfect for your yard in the city. Don't miss your opportunity to own this move-in ready home. Showings begin at 4:00pm on 10/22/2021. Offers to be submitted by 5:00pm on 10/25/2021.
$185,000
2 Bedrooms, 2 Baths
Average Daily Rate: $166
Expected occupancy rate: 63%
Monthly expected income: $3,176
Monthly expected expenses: $1,946
Monthly expected cash flow: $1,230
Expected cash on cash return: 27.2%
590 Eliada Home Rd, Asheville, NC 28806
This light-filled, remodeled 3 BD/1.5 BA home retains its 1930s charm and architectural elements with arched doorways, exposed brick, and built-in shelves. The kitchen has stainless steel appliances, a breakfast bar, glass subway tile backsplash, farm sink, and quartz countertops. High ceilings, mixed-material finishes, hardwood floors, and an open, flowing floor plan gives this home a big feel. A fresh coat of exterior paint, new gutters, and a four-year old roof also has you covered. Large laundry/mudroom has a half bathroom and sink. Plenty of outdoor space on this almost half-acre lot makes this home ideal for pets and families. Large circular driveway provides ample parking. Long-range and stunning winter views. Don't let this one get away! Conveniently located only three miles to New Belgium Brewery, downtown Asheville, and Haywood Road. Seller makes no representation or repairs about the shed/carport.
$350,000
3 Bedrooms, 2 Baths
Average Daily Rate: $213
Expected occupancy rate: 61%
Monthly expected income: $3,952
Monthly expected expenses: $2,876
Monthly expected cash flow: $1,076
Expected cash on cash return: 13.5%
24 Peaslee Hill Rd, Weare, NH 03281
Incredible opportunity to own this beautiful 3 bedroom cape on 2.5 acres in Weare. The additional living space on the first floor with cathedral ceiling, gas stove and french doors overlooking the large landscaped yard and in-ground pool and pool house. The dining room has a wood stove and living room has this beautiful fireplace. The second floor has 3 bedrooms with extra room which could be used as a bedroom or office. Large basement provides for plenty of storage, workshop, etc. The pictures do not do this home justice. Come see the beauty for yourself. This home is close to Pat's Peak Ski Area and Horace Lake (Chase Park); and a short distance to Concord. This home is close to all sorts of recreation (boating, hiking, skiing, snowmobiling, hunting and more)!
$399,900
3 Bedrooms, 2 Baths
Average Daily Rate: $277
Expected occupancy rate: 71%
Monthly expected income: $5,982
Monthly expected expenses: $3,894
Monthly expected cash flow: $2,088
Expected cash on cash return: 23.2%
11689 Ranch Elsie Rd, Golden, CO 80403
What used to be an old potato farm in Coal Creek Canyon is now a cute cottage home on 2.46 acres. Additional structures include a 2 car detached garage, a 2/1 mother-in-law house, small barn with hay storage, and a shed. Domestic Well - Bring the horses & goats! Large fenced property with multiple cross fenced sections. The upper deck and lower hot tub patio have mountain views for miles, plus well maintained trees for privacy. Step inside; the main level offers great entertaining and a primary bedroom. 2 more bedrooms and bathroom downstairs. 2 new gas boilers offer amazing radiant heat, and the wood stove provides a secondary heat option. Approximately 2800 total sqft. Enjoy the Colorado mountains with easy access to Golden, Arvada, and Boulder. Located in Jefferson County on well maintained - paved roads.
$689,000
3 Bedrooms, 2 Baths
Average Daily Rate: $255
Expected occupancy rate: 78%
Monthly expected income: $6,045
Monthly expected expenses: $4,299
Monthly expected cash flow: $1,746
Expected cash on cash return: 11.6%
553 N Coral St, Rockaway Beach, OR 97136
Fantastic beach cottage with room for everyone! Minutes walk to the beach and all of the downtown fun. 2 lots included in this sale. Great room concept with living/kitchen/dining rooms. Stainless/newer appliances & TV's included. Primary bdrm upstairs with full bath, deck & additional living room or family room. Wrap around deck w/covered portion looking onto nice firepit/sitting area. 4th bedrm/bonus rm w/exterior door. Territorial view of coastal mountain range. A great find!
$475,000
4 Bedrooms, 2 Baths
Average Daily Rate: $285
Expected occupancy rate: 57%
Monthly expected income: $4,987
Monthly expected expenses: $4,003
Monthly expected cash flow: $984
Expected cash on cash return: 9.3%
14 Monticello Dr, Hilton Head Island, SC 29926
Beautifully upgraded with granite, stainless kitchen and porcelain tile floors throughout. 3BR/2BA with Carolina room all on one floor. Private backyard with hot tub included. Master bath has tile surround, walk-in 7ft shower with dual shower heads, high end cabinetry, double vanity. Freshly painted, wide trim throughout!! Mature landscaping. This gem, full of upgrades, is located on the north end of Hilton Head close to schools, shopping and restaurants.
$370,000
3 Bedrooms, 2 Baths
Average Daily Rate: $197
Expected occupancy rate: 78%
Monthly expected income: $4,677
Monthly expected expenses: $2,938
Monthly expected cash flow: $1,738
Expected cash on cash return: 20.8%
2262 NW Vinland Vw, Poulsbo, WA 98370
This is it! The property everyone talks about building but ready to go! Secluded "barndominium" like home - cute 2 bedrooms and .75 bath, nice open floor-plan on top of a massive 3 car garage! Cozy wood burning fireplace, 4 bedroom septic, over an acre of land, in a beautiful established and desirable neighborhood - just minutes to Poulsbo, shopping, the Hood Canal, and Seattle Ferry! Super private, partially wooded and backs up to a green belt - plenty of room for activities! Come check this cutie out!
$399,900
2 Bedrooms, 1 Bath
Average Daily Rate: $243
Expected occupancy rate: 66%
Monthly expected income: $4,877
Monthly expected expenses: $3,230
Monthly expected cash flow: $1,647
Expected cash on cash return: 18.3%
15716 King Pl, Lynnwood, WA 98087
Welcome to this renovated rambler on a large lot within walking distance of Martha Lake! Enjoy the updated kitchen with butcher block countertops, stainless steel appliances, and solid wood cabinets. Cozy up by the double-sided fireplace while overlooking the new deck and fully fenced, private, back yard—perfect for those looking to entertain! This home is truly turnkey with hardwood throughout, 1.5 modernized bathrooms, fresh paint, and updated electrical and plumbing. The property includes a large shed with electricity, a one-car garage, and beautiful cherry trees. Conveniently located near I-5, I-405, future light rail, the Interurban Trail, and several shopping centers. Pre-inspected!
$595,000
3 Bedrooms, 2 Bath
Average Daily Rate: $296
Expected occupancy rate: 71%
Monthly expected income: $6,387
Monthly expected expenses: $4,752