Short-Term Rental Sweet Spots: Identifying the Most Profitable Neighborhoods for Investors
When considering short-term rentals, it's essential to analyze various cities and their profit potential.
Let's take a look at some of the top short-term rental markets and their average daily rates (ADR), occupancy rates, and return on investment (ROI) in the data-driven insights below.
Cities with the Highest ADR:
- Bay City, TX: $136.83
- Mulberry, SC: $529
- Solana, FL: $290.31
- Robinhood, MS: $105
- Ocala Estates, FL: $182
- Ventura, IA: $375
- Benton Heights, MI: $118.75
- Riviera Beach, FL: $858
- Long Hill, CT: $160
- Beverly Beach, FL: $552.5
Occupancy Rates:
- Bay City, TX: 39.5%
- Mulberry, SC: 30%
- Solana, FL: 45.92%
- Robinhood, MS: 53%
- Ocala Estates, FL: 75%
- Ventura, IA: 27%
- Benton Heights, MI: 25%
- Riviera Beach, FL: 90%
- Long Hill, CT: 45%
- Beverly Beach, FL: 80%
Looking at the ADR and occupancy rates, we can see that some cities have a significantly higher profit potential than others.
For example, Riviera Beach, FL has an ADR of $858 and an occupancy rate of 90%, making it an attractive location for investors.
On the other hand, Bay City, TX has a lower ADR of $136.83 and an occupancy rate of 39.5%, making it a less attractive location. For more detailed information, check out our short term analysis.
When considering ROI, we can see that some cities have a higher return on investment than others.
For example, Beverly Beach, FL has an ROI of 62.23%.
On the other hand, Benton Heights, MI has a lower ROI of 78.3%.
Overall, the data suggests that some cities have a higher profit potential than others, and it's essential to analyze these factors when considering short-term rentals.
For a more comprehensive analysis, check out our short term analysis in Washington.
By analyzing these factors, investors can make informed decisions and choose the most profitable short-term rental neighborhoods.
For more information on short-term rental regulations and hotel licensing, check out our short term analysis on regulations vs. licensing.
When considering short-term rentals, it's essential to analyze various cities and their profit potential.
Let's take a look at some of the top short-term rental markets and their ADR, occupancy rates, and ROI in the data-driven insights below.
ROI by City:
- Bay City, TX: 1379.81%
- Mulberry, SC: 512.29%
- Solana, FL: 136.83%
- Robinhood, MS: 105.73%
- Ocala Estates, FL: 101.23%
- Ventura, IA: 88.37%
- Benton Heights, MI: 78.3%
- Riviera Beach, FL: 72.56%
- Long Hill, CT: 65.41%
- Beverly Beach, FL: 62.23%
Looking at the ROI by city, we can see that some cities have a significantly higher return on investment than others. For more detailed information, check out our short term analysis.
For example, Bay City, TX has an ROI of 1379.81%.
On the other hand, Benton Heights, MI has a lower ROI of 78.3%.
When considering short-term rentals, it's essential to analyze various cities and their profit potential.
Let's take a look at some of the top short-term rental markets and their ADR, occupancy rates, and ROI in the data-driven insights below.
