The 10% ROI Club: Zip Codes With Exceptional Short-Term Rental Returns
For a city like Sample 1, the median sale price is $N/A with homes typically staying on the market for N/A days, which is a stark contrast to the median sale price of $96,192.23 in the top-performing zip codes, where homes sell at a rate of 96.19%.
When comparing to another city in the data, such as Sample 2, which has a median price of $59,768.22, we can see a difference of $36,423.01. This highlights the importance of understanding the local market dynamics, as seen in our article on Short-Term Rental Heatmaps: How to Find the Most Profitable Locations.
The data also shows that the number of homes sold in these top-performing zip codes is 88.55, with an inventory level of 61.33. In contrast, cities like Sample 2 have a lower number of homes sold at 42.54 and an inventory level of 6.05.
In terms of days on market, the data indicates that these zip codes have an average of 40.58 days, with a median price of $47,089.71. For a comprehensive guide to the top 10 short-term rental markets in Virginia, see Top 10 Short-Term Rental Markets in Virginia: A Comprehensive Guide.
For a more in-depth analysis, see our article on Short-Term Rental Heatmaps: How to Find the Most Profitable Locations to learn how to find the most profitable locations for short-term rentals. Additionally, the data shows that the evolving short-term rental market in Utah has seen significant growth in recent years, with cities like Sample 2 experiencing a median sale price of $59,768.22 and a homes sold rate of 59.77%.
When evaluating the data, it's essential to consider the median sale price, number of homes sold, inventory level, and days on market for each zip code. By analyzing these key metrics, investors can make informed decisions about which zip codes to target for short-term rentals, as seen in our article on Short-Term Rental Market Outlook: Which Cities Are Poised for Growth in 2025?.
By considering the specific cities and numeric values, investors can gain a deeper understanding of the short-term rental market and make informed decisions about their investments.
