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Scottsdale Airbnb Property Investment: Is it a profitable city to invest in?

Scottsdale Airbnb Property Investment: Is it a profitable city to invest in?: Discover profitable Airbnb investment properties for sale in Scottsdale, AZ this 2023 – from studio to property of 1,2,3, and 4+ bedrooms!

Scottsdale Airbnb Property Investment: Is it a profitable city to invest in?

airbnb property investment Scottsdale

Scottsdale Airbnb Property Investment: Is it a profitable city to invest in?

Discover profitable Airbnb investment properties for sale in Scottsdale, AZ this 2023 – from studio to property of 1,2,3, and 4+ bedrooms!

Looking for a year-round luxury tourist destination to target for property investment? Here’s one of our best bets: Scottsdale, Arizona! Not only is this city offering spa treatments and an incredible golf experience, but it’s also deemed perfect for nightlife. In addition to this, property investors have dedicated their hard-earned money to properties in Scottsdale as there is a great appreciation rate for local real estate.

Extra hint: Scottsdale is also one of the best areas for Airbnb in Arizona!

Before deciding to purchase a property in Scottsdale, it’s certainly important to consider the major costs and revenue. While rental arbitrage in Scottsdale is fairly popular and does not require you to purchase a property, it’s still recommended to learn about buying a property for Airbnb in the future and making sure that it’s profitable.

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The City of Scottsdale’s strong appreciation rates, growing demand for rentals, and neighborhoods full of character are the reasons why many investors consider investing in Scottsdale real estate.

– Paramount PMR on Scottsdale Property Investments

Airbnb occupancy rates by city state that an average host in Scottsdale can earn up to $38,172 during the peak seasons of September. With over 3,262 Airbnb listings in Scottsdale, it’s certainly a catch for property investors.

Aside from looking at a property’s fascinating architectural design, proximity to major tourist areas, and accessibility to the best go-to places, the primary step is to determine profitability. In this article, we’ll discuss the metrics in order to gauge the best property investment.

This includes the best website recommendations for property investment in Scottsdale, property gross rental yield, cash-on-cash return, and annual revenue, along with some of the most ideal and profitable properties according to their location. Stoked to learn more? Continue reading!

Pros of buying an Airbnb Property in Scottsdale

It’s a fact that Scottsdale is a fascinating city with plenty of unique attractions, eye-catching natural landscapes and an interesting arts scene. However, there’s more to learn as to why we recommend purchasing a property in this city. Here are some of the major reasons why you should consider buying a property for Airbnb in Scottsdale:

1. Luxurious tourist destination

Scottsdale is best known for being a luxury destination with striking nightlife, shopping, world-class golf courses and many other outdoor activities. In fact, around 4,3M travelers arrive in this city annually according to Scottsdale Visitors Statistics. This surely sounds attractive to investors who want to cater to tourist accommodations.

2. Proximity to major cities

Scottsdale also enjoys a privileged location since it’s close to major cities such as Phoenix, Mesa and Tucson and Prescott. In addition to this, it’s just 8 miles away from Phoenix Sky Harbor International Airport.

3. Booming job market

Scottsdale is home to many major companies and startups, plus it’s also an emerging tech market. Thanks to this, the city offers many opportunities to those who are looking for jobs. As a matter of fact, the job market is steadily growing, thus the city is considered the best city to find a job while having an unemployment rate of 2.5%. 

4. Property taxes

Arizona has one of the lowest property taxes rates, in fact, according to SmartAsset, it’s just 0.51% while the national average is 0.99%. While Scottsdale is a little higher than the average property tax in the State, there’s not much difference as the city’s rate is 0,64%.

Cons of purchasing a property in Scottsdale

Now that we know the pros of investing in Scottsdale, let’s take a quick look at some of the cons. It’s always better to look at the two sides of each coin in order to properly set your expectations!

1. High property prices

Scottsdale is known as a luxury destination, thus, you may already have an idea of what real estate looks like. The average housing value in this city is 42% higher than the national average, being a median selling price of $801K according to Zillow Index.

2. Cost of living 

The cost of living is also something investors should consider when looking for an appropriate location to set up an Airbnb listing. Unfortunately, aside from having a pricey housing market, the cost of living is also one of the downsides of Scottsdale since this is 26% higher than the national average based on Areavibes data.

3. Watch out for the desert wildlife!

Snakes, coyotes, bobcats, scorpions, spiders and many other species are common inhabitants in the desert area, so you may encounter them from time to time. While most of them are harmless for humans, you should absolutely watch out if you’re planning on allowing domestic animals on the property.

Best Neighborhoods for Airbnb in Scottsdale

Let’s take a closer look at the important Airbnb key metrics to discover which is the most profitable neighborhood in Scottsdale. Filtered for a 1-bedroom apartment, here is a brief overview of some of the most recommended and profitable neighborhoods:

1. Chateau de Vie
  • Annual Revenue: $43,219
  • Occupancy Rate: 85%
  • Average Daily Rate: $117
2. Indian Bend
  • Annual Revenue: $46,422
  • Occupancy Rate: 79%
  • Average Daily Rate: $130
3. Sands Scottsdale
  • Annual Revenue: $33,881
  • Occupancy Rate: 78%
  • Average Daily Rate: $103

Is Property Investment Profitable in Scottsdale City Centre?

Using a short-term rental income calculator, it was discovered that a 3-bedroom property in Scottsdale City Centre can generate an annual revenue of $70,866 with a steady occupancy rate of 56% and a nightly rate of $324.

airbnb property investment Scottsdale

Profitable Properties for Sale in Scottsdale City Centre

Finding the best properties that have the potential to produce high yields and capital growth are certainly some of the preferences of major investors. It’s always best to ask for assistance from real estate agents to access exclusive and unique properties during the development stage. 

At the same time, it’s even better when a property investor like you conducts research about predicted growths and market forecasts. Some of the favorite neighborhoods in Scottsdale are Terravita, North Scottsdale, and Villa Monterey. Here are some of the profitable properties in Scottsdale City Centre along with the calculated gross rental yield, cash-on-cash return, and annual revenue:

airbnb property investment Scottsdale
airbnb property investment Scottsdale

120 N Val Vista Dr Lot 131, Mesa, AZ 85213

1. Studio-type Property for Sale Scottsdale 
  • Near Jupiter Ave 
  • Asking Price: $139,000
GROSS RENTAL YIELD 16.66%
ANNUAL REVENUE $23,164
CASH ON CASH RETURN 24.23%
airbnb property investment Scottsdale
airbnb property investment Scottsdale

825 N Hayden Rd Apt C217, Scottsdale, AZ 85257

2. 1-Bedroom Type Property for Sale Scottsdale
  • Near E Garfield St
  • Asking Price: $115,000
GROSS RENTAL YIELD 22.02%
ANNUAL REVENUE $25,323
CASH ON CASH RETURN 40.29%
airbnb property investment Scottsdale
airbnb property investment Scottsdale

800 W Apache Trl Lot 151, Apache Junction, AZ 85120

3. 2-Bedroom Type Property for Sale Scottsdale
  • Near N Plaza Dr 
  • Asking Price: $99,000
GROSS RENTAL YIELD 28.40%
ANNUAL REVENUE $28,115
CASH ON CASH RETURN 59.43%
3-bedroom Scottsdale
3-bedroom Scottsdale

8210 E Garfield St Unit K107, Scottsdale, AZ 85257

4. 3-Bedroom Type Property for Sale Scottsdale
  • Near E Roosevelt St
  • Asking Price: $157,500
GROSS RENTAL YIELD 32.51%
ANNUAL REVENUE $51,205
CASH ON CASH RETURN 71.77%
4-bedroom Scottsdale
4-bedroom Scottsdale

8913 W Merrell St, Phoenix, AZ 85037

5. 4-Bedroom Type Property for Sale Scottsdale
  • Near N 89th Dr
  • Asking Price: $349,900
GROSS RENTAL YIELD 24.06%
ANNUAL REVENUE $84,188
CASH ON CASH RETURN 46.41%

Conclusion

It’s always best to conduct market research before Investing in a property to know if it’s worth investing your money in a city of your preference. Scottsdale can generate a good cash flow for property investors, as long as they target the right neighborhood as well as calculate the potential revenue by making use of an Airbnb rental arbitrage calculator. However, it’s not recommended for property investors with a limited budget as the housing value is 42% higher than the national average. There are certainly other profitable cities in the US that one can discover!

As we live in a digital era, an accurate data analytics tool can help your business stand out among your surrounding competitors and benchmark your property by tracking the occupancy rates of competing listings in your preferred city.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

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Is Airbnb property investment profitable in San Antonio, Texas?

airbnb property investment San Antonio

San Antonio is commonly known for its Spanish architecture and Hispanic culture, which makes it perfect if you’re also into Tex-Mex cuisine. Some of the tourist attractions in San Antonio include The Alamo, Market Square, and Mission San Jose. If you are looking for a sign to invest in a property where you can maximize profitability, then San Antonio is the right answer! 

Did you know that San Antonio is also one of the best cities to start Airbnb? Despite this fact, it’s certainly important to consider the major costs and revenue before deciding to purchase a property in San Antonio.

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Investors have been flocking to San Antonio and it’s no surprise. Considering the incredible weather and vibrant community San Antonio has to offer, it’s a great place to live as well as invest.” 

San Antonio Property Management

While rental arbitrage in San Antonio is fairly popular and does not require you to purchase a property, it’s still recommended to learn about buying a property for Airbnb in the future and making sure that it’s profitable.

Airbnb occupancy rates by city state that an average host in San Antonio can earn up to $24,720 during the peak seasons of June – July. With over 3,525 Airbnb listings in San Antonio, it’s certainly a catch for property investors! 

Here’s an interesting fact: upon comparing the Airbnb occupancy rates in Texas cities, San Antonio ranked the occupancy rate at 64%. 

Not yet convinced? Listen to one of the Airbnb hosts featured in our podcast, Into The Airbnb, who shares her hosting experience in San Antonio. Listen for more Airbnb hosting tips in San Antonio:

Aside from looking at a property’s fascinating architectural design, proximity to major tourist areas, and accessibility to the best go-to places, the primary step is to determine profitability. In this article, we’ll discuss the metrics in order to gauge the best property investment.

This includes the best website recommendations for property investment, defining property gross rental yield, cash-on-cash return, and annual revenue, along with some of the most ideal and profitable properties according to their location. Stoked to learn more? Continue reading!

Why Should You Consider Buying An Airbnb in San Antonio?

Some of the attractive features that San Antonio has to offer include many famous architectural monuments, a varied list of entertaining leisure activities and delicious gastronomy!  Aside from the fact that San Antonio is fairly affordable compared to other cities, it’s certainly perfect for a property investor who wants to enjoy these rewards while earning a passive income through Airbnb. Not yet convinced? Here are some of the major reasons why you should consider buying a property for Airbnb in San Antonio :

1. Affordable housing market

The real estate market is an important factor to consider when looking to buy an Airbnb property. Investors will surely find San Antonio’s market attractive because it is fairly affordable. Based on Zillow index, the median house price is $299K and it’s trending up 13% yearly.

2. Low cost of living

Aside from having an affordable housing market, San Antonio also has an appealing cost of living, which 9% less expensive than the national average.

airbnb property investment San Antonio

Source: PayScale

3. The tourist market is great!

It’s a given fact that San Antonio has something for everyone and many travelers arrive in this city looking to experience the city’s vibrant atmosphere. According to San Antonio report, the city welcomes around 31,7M annually.

What are the cons of buying an Airbnb property in San Antonio?

Now that we know the advantages of investing in San Antonio, let’s move on and take a quick look at the cons. It’s always better to look at the two sides of each coin in order to properly set your expectations!

1. High property taxes

While there’s no State income tax in San Antonio, the property tax bills are among the highest in the nation. The average tax rate in Bexar County is 2.35%, which is above the national average of 0.99%

2. High crime rate in specific areas

Safety is a factor of great importance that you should consider when looking for a place to invest it. One of the downsides of San Antonio is that, like any other big city, it also experiences a high crime rate which is 62% higher compared to other cities in Texas. In addition to this, the chance of becoming a victim of a property crime is one in 24 according to NeighborhoodScout, thus, you should consider also looking for a reliable home security system.

Best Neighborhoods for Airbnb in San Antonio

Let’s take a closer look at the important Airbnb key metrics to discover which is the most profitable neighborhood in San Antonio. Filtered for a 1-bedroom apartment, here is a brief overview of some of the most recommended and profitable neighborhoods:

airbnb property investment San Antonio

1. Vista Verde South
  • Annual Revenue: $46,032
  • Occupancy Rate: 80%
  • Average Daily Rate: $142
2. Highland Hills
  • Annual Revenue: $24,679
  • Occupancy Rate: 79%
  • Average Daily Rate: $78
3. Stone Oak
  • Annual Revenue: $28,279
  • Occupancy Rate: 76%
  • Average Daily Rate: $91

airbnb property investment Niagara Falls

Is Property Investment Profitable in San Antonio City Centre?

Using a short-term rental calculator, it was discovered that a 3-bedroom apartment in San Antonio City Centre can generate an annual revenue of $73,223 with a steady occupancy rate of 71% and a nightly rate of $212.

airbnb property investment San Antonio

airbnb property investment San Antonio

Profitable Properties for Sale in San Antonio City Centre

Finding the best properties that have the potential to produce high yields and capital growth are certainly some of the preferences of major investors. It’s always best to ask for assistance from real estate agents to access exclusive and unique properties during the development stage. 

At the same time, it’s even better when a property investor like you conducts research about predicted growths and market forecasts. Here are some of the profitable properties in San Antonio City Centre along with the calculated gross rental yield, cash-on-cash return, and annual revenue:

airbnb property investment San Antonio
airbnb property investment San Antonio

1 Towers Park Ln Apt 1704, San Antonio, TX 78209

1. Studio-type Property for Sale San Antonio
  • Near Harry Wurzbach Rd 
  • Asking Price: $55,000
GROSS RENTAL YIELD 30.87%
ANNUAL REVENUE $16,981
CASH ON CASH RETURN 66.86%
airbnb property investment San Antonio
airbnb property investment San Antonio

1 Towers Park Ln Apt 2203, San Antonio, TX 78209

2. 1-Bedroom Type Property for Sale San Antonio
  • Near Harry Wurzbach Rd
  • Asking Price: $60,000
GROSS RENTAL YIELD 28.70%
ANNUAL REVENUE $17,218
CASH ON CASH RETURN 60.32%
airbnb property investment San Antonio
2-bedroom SanAntonio

1 Towers Park Ln Apt 1206, San Antonio, TX 78209

3. 2-Bedroom Type Property for Sale San Antonio
  • Near Harry Wurzbach Rd
  • Asking Price: $83,000
GROSS RENTAL YIELD 26.25%
ANNUAL REVENUE $21,788
CASH ON CASH RETURN 52.98%
3-bedroom SanAntonio
3-bedroom SanAntonio

7494 Golf Vista Blvd Lot 234, San Antonio, TX 78244

4. 3-Bedroom Type Property for Sale San Antonio
  • Near Woodlake Trail
  • Asking Price: $109,995
GROSS RENTAL YIELD 26.82%
ANNUAL REVENUE $29,502
CASH ON CASH RETURN 54.70%
4-bedroom SanAntonio
4-bedroom SanAntonio

5751 Broken Lance St, San Antonio, TX 78242

5. 4-Bedroom Type Property for Sale San Antonio
  • Near Broken Lance St
  • Asking Price: $150,000
GROSS RENTAL YIELD 28.69%
ANNUAL REVENUE $43,040
CASH ON CASH RETURN 60.31%

Conclusion

Conducting market research in San Antonio is helpful for accuracy and knowing the potential profitability. With its low cost of living, lively atmosphere and great activities that attract many people to San Antonio and an affordable housing market, it can certainly generate a nice cash flow for property investors. 

As long as the potential revenue is calculated using an Airbnb profit calculator, it’s definitely worth the time & effort to invest and speak with a short-term rental expert to make the wisest decision for property investment that you won’t regret.

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Airbnb Investment All About Airbnb

Airbnb Property Investment Analysis: Is Santa Fe, NM a profitable city to invest in?

airbnb property investment Santa Fe

Are you into art but have the desire to earn passive income while immersing yourself in various art galleries? Then the best city for property investment is in Santa Fe! Apart from this creative city’s historical architecture, Santa Fe offers a lot of outdoor activities and cultural events – perfect for all kinds of travellers.

However, it’s still recommended to learn about buying a property for Airbnb in order to make sure that it’s profitable. To begin with, it’s certainly important to consider the major costs and revenue before deciding to purchase a property in Santa Fe. Another excellent option is to do rental arbitrage in Santa Fe as it’s fairly popular and does not require you to purchase a property.

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Buying any property in Santa Fe is going to be a good investment because of what the city has to offer and how many people want to live here. Therefore, the value of the property you invest in is likely to go up.”

– Ricky Allen on Santa Fe Real Estate Market

Aside from looking at a property’s fascinating architectural design, proximity to major tourist areas, and accessibility to the best go-to places, the primary step is to determine profitability. In this article, we’ll discuss the metrics in order to gauge the best property investment.

This includes the best website recommendations for property investment in Santa Fe, property gross rental yield, cash-on-cash return, and annual revenue, along with some of the most ideal and profitable properties according to their location. Stoked to learn more? Continue reading!

Why Invest a Property in Santa Fe?

It’s a given fact that Santa Fe is a charming city that offers a peaceful and slower pace to life with a fascinating mix of cultures, but what else is there to know? Here are some of the major reasons why you should consider buying a property for Airbnb in Santa Fe:

1. Plenty of sunshine

We can deny that Santa Fe has great weather conditions! It rarely rains here and the city enjoys more than 300 sunny days where everyone can enjoy all types of outdoor activities, this makes it a great tourist destination.

2. Traffic is not a problem

If you’re tired of the chaotic traffic of big cities, then Santa Fe will certainly result attractive for you! While it’s the fourth largest city in New Mexico, traffic is not a problem as it’s quite light. In addition to this, it’s close to most amenities, so you won’t lose much time stuck in traffic!

3. Rich culture and plenty of festivals

Santa Fe is also known for its rich diversity, festivals and striking art scene that surely catch one’s attention. In this city, you can find museums, monuments as well as plenty of historical sites. As if this were not enough, Santa Fe also hosts popular annual events, like contemporary art, where those who attend can enjoy traditional exhibits, live music shows and much more. Thanks to this, the city welcomes around 2M visitors per year!

Expectations When Buying A Property in Santa Fe

Aside from the pros of investing in a property in Santa Fe, let’s discuss some of the cons so you can know what to expect when living in this fascinating city. It’s always better to look at the two sides of each coin in order to properly set your expectations!

1. Housing market in Santa Fe: Higher than the State average 

Looking for an affordable house may be difficult in Santa Fe as the values are 61% higher compared to other cities in the State and 41% more than the national average. According to Zillow, the average property price here is more than $568K and is trending up 12.2% compared to last year.

2. High crime rate

Safety is certainly a factor that investors should consider when looking for a place to invest in. Sadly, Santa Fe has a high crime rate of 38 per one thousand residents and if we talk about property crimes, the chance of becoming a victim is one in 29 according to NeighborhoodScout. It will be best to analyze calmly where you want to purchase the property as well as the neighborhood and while you are on it, it would be ideal to also look for a reliable home security system.

Best Neighborhoods for Airbnb in Santa Fe

Let’s take a closer look at the important Airbnb key metrics to discover which is the most profitable neighborhood in Santa Fe. Filtered for a 1-bedroom apartment, here is a brief overview of some of the most recommended and profitable neighborhoods:

airbnb property investment Santa Fe

1. San Mateo
  • Annual Revenue: $43,058
  • Occupancy Rate: 92%
  • Average Daily Rate: $109
2. San Acacio
  • Annual Revenue: $77,447
  • Occupancy Rate: 92%
  • Average Daily Rate: $215
3. Sol y Lomas
  • Annual Revenue: $53,782
  • Occupancy Rate: 88%
  • Average Daily Rate: $154

Is Property Investment Profitable in Santa Fe City Centre?

Using an Airbnb profit estimator, it was discovered that a 2-bedroom apartment in Santa Fe City Centre can generate an annual revenue of $131,040 with a steady occupancy rate of 64% and a nightly rate of $529.

airbnb property investment Santa Fe

airbnb property investment Santa Fe

Newly Constructed Houses For Sale in Santa Fe City Centre

Finding the best properties that have the potential to produce high yields and capital growth are certainly some of the preferences of major investors. It’s always best to ask for assistance from real estate agents to access exclusive and unique properties during the development stage. 

At the same time, it’s even better when a property investor like you conducts research about predicted growths and market forecasts. Here are some of the profitable properties in Santa Fe City Centre along with the calculated gross rental yield, cash-on-cash return, and annual revenue:

airbnb property investment Santa Fe
airbnb property investment Santa Fe

2800 Cerrillos Rd Apt 63, Santa Fe, NM 87507

1. Studio-type Property for Sale Santa Fe 
  • Near Cerrillos Rd
  • Asking Price: $125,000
GROSS RENTAL YIELD 21.36%
ANNUAL REVENUE $26,702
CASH ON CASH RETURN 38.32%
airbnb property investment Santa Fe
airbnb property investment Santa Fe

2800 Cerrillos Rd Apt 89, Santa Fe, NM 87507

2. 1-Bedroom Type Property for Sale Santa Fe
  • Near Camino Carlos Rey
  • Asking Price: $145,000
GROSS RENTAL YIELD 30.94%
ANNUAL REVENUE $44,864
CASH ON CASH RETURN 67.05%
airbnb property investment Santa Fe
airbnb property investment Santa Fe

26 Sierra Pl N Unit B, Santa Fe, NM 87508

3. 2-Bedroom Type Property for Sale Santa Fe
  • Near E Frontage Rd
  • Asking Price: $225,000
GROSS RENTAL YIELD 28.97%
ANNUAL REVENUE $65,178
CASH ON CASH RETURN 61.14%
3-bedroom SantaFe
3-bedroom SantaFe

2808 Siringo Rd, Santa Fe, NM 87507

4. 3-Bedroom Type Property for Sale Santa Fe
  • Near Siringo Rd
  • Asking Price: $275,000
GROSS RENTAL YIELD 33.73%
ANNUAL REVENUE $92,766
CASH ON CASH RETURN 75.43%
4-bedroom SantaFe
4-bedroom SantaFe

1060 Green Way, Santa Fe, NM 87507

5. 4-Bedroom Type Property for Sale Santa Fe
  • Near Agua Fria St
  • Asking Price: $459,900
GROSS RENTAL YIELD 30.96%
ANNUAL REVENUE $142,380
CASH ON CASH RETURN 67.11%

Conclusion

Santa Fe can generate a nice cash flow for property investors as long as the right neighborhood is targeted and potential revenue is calculated using an Airbnb rental arbitrage calculator. While there are many other cities to invest in New Mexico aside from Santa Fe, it’s definitely worth the time & effort to speak with a short-term rental expert to make the wisest decision for property investment.

As we live in a digital era, an accurate data analytics tool can help your business stand out among your surrounding competitors and benchmark your property by tracking the occupancy rates of competing listings in your preferred city.

Categories
Airbnb Investment All About Airbnb

Analysis on Airbnb Property Investment in Asheville, NC

airbnb property investment Asheville

Popularly known as the mountain city in North Carolina, Asheville has plenty of exciting outdoor activities not only for travelers but for property investors as well. Some of the famous tourist attractions in Asheville include The North Carolina Arboretum, Blue Ridge Parkway, and Appalachian Trail among others. 

It’s highly recommended to learn about buying a property for Airbnb in order to make sure that it’s profitable. To begin with, it’s certainly important to consider the major costs and revenue before deciding to purchase a property in Asheville. Another excellent option is to do rental arbitrage in Asheville City as it’s fairly popular and does not require you to purchase a property.

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If you are an investor, Asheville real estate has a track record of being one of the best long-term investments. In Asheville, North Carolina, and the surrounding area, there are a variety of investment properties and income-producing types of real estate.

– Norada Real Estate Insights on Asheville Market

Aside from looking at a property’s fascinating architectural design, proximity to major tourist areas, and accessibility to the best go-to places, the primary step is to determine profitability. In this article, we’ll discuss the metrics in order to gauge the best property investment.

This includes the best website recommendations for property investment in Asheville, property gross rental yield, cash-on-cash return, and annual revenue, along with some of the most ideal and profitable properties according to their location. Stoked to learn more? Continue reading!

Top reasons for buying an Airbnb Property in Ashville

Ashville is also known as the “Paris of the South” due to its fascinating architecture and alternative arts scene, this city has a lot to offer to visitors. As if this were not enough, Asheville also has stunning landscapes with a wide variety of outdoor activities. However, there’s more to learn as to why we recommend purchasing a property in this city. Here are some of the major reasons why you should consider buying a property for Airbnb in Ashville:

1. Booming real estate market

The real estate market in Asheville is something that certainly will catch investors’ attention as it offers many profitable properties and on top of that, it’s steadily growing. According to Zillow Index, the median property price in Asheville is $449K with a change of 14.8% compared to last year.

2. Top tourist destination in North Carolina

Thanks to its great location, Asheville has striking views with its architecture and natural landscapes of the Blue Ridge and Great Smoky mountain ranges. This certainly draws a great number of visitors, in fact, around 12M tourists arrive in the city annually to enjoy everything that this vibrant city has to offer.

3. Close to everything

It doesn’t matter whether you’re looking for a grocery store, a hospital, a restaurant, or a music venue because in Asheville you can easily find everything you need without much effort. In addition to that, the city has an overall walk score of 37, making it fairly easy to access most amenities just by walking a few blocks.

What are the cons of buying an Airbnb property in Ashville?

Now that we know the pros of investing in Ashville, let’s take a quick look at some of the cons. It’s always better to look at the two sides of each coin in order to properly set your expectations!

1. High cost of living

The cost of living is also an important factor to take into account when choosing a location to invest in and unfortunately, the cost of living is high in Asheville as it’s 11% higher than the average in North Carolina based on AreaVibes report.

2. Severe storms risks

While you can expect to enjoy Asheville’s mild temperatures, there’s also a risk of encountering heavy storms in the city. This leads to another negative factor since due to the severe rainfall, certain areas are prone to flooding.

Best Neighborhoods for Airbnb in Asheville

Let’s take a closer look at the important Airbnb key metrics to discover which is the most profitable neighborhood in Asheville. Filtered for a 1-bedroom apartment, here is a brief overview of some of the most recommended and profitable neighborhoods:

airbnb property investment Asheville

1. South Slope Brewing District
  • Annual Revenue: $73,788
  • Occupancy Rate: 87%
  • Average Daily Rate: $223
2. Historic Montford
  • Annual Revenue: $41,929
  • Occupancy Rate: 90%
  • Average Daily Rate: $129
3. Kenilworth
  • Annual Revenue: $33,833
  • Occupancy Rate: 71%
  • Average Daily Rate: $110

Is Property Investment Profitable in Asheville City Centre?

Using a short-term rental estimator, it was discovered that a 2-bedroom apartment in Asheville City Centre can generate an annual revenue of $91,128 with a steady occupancy rate of 68% and a nightly rate of $339.

airbnb property investment Asheville

airbnb property investment Asheville

Newly Houses & Properties For Sale in Asheville City Centre

Finding the best properties that have the potential to produce high yields and capital growth are certainly some of the preferences of major investors. It’s always best to ask for assistance from real estate agents to access exclusive and unique properties during the development stage. 

At the same time, it’s even better when a property investor like you conducts research about predicted growths and market forecasts. Here are some of the profitable properties in Asheville City Centre along with the calculated gross rental yield, cash-on-cash return, and annual revenue:

airbnb property investment Asheville
airbnb property investment Asheville

1877 Secluded Valley Rd, Marshall, NC 28753

1. Studio-type Mountain/Hillside Property for Sale Asheville
  • 7.8 miles Madison Middle School
  • Asking Price: $99,000
GROSS RENTAL YIELD 21.99%
ANNUAL REVENUE $21,766
CASH ON CASH RETURN 40.19%
airbnb property investment Asheville
airbnb property investment Asheville

225 Eastview St, Morganton, NC 28655

2. 1-Bedroom Mountain/Hillside Type Property for Sale Asheville
  • 1.5 miles Forest Hill Elementary
  • Asking Price: $119,000
GROSS RENTAL YIELD 22.49%
ANNUAL REVENUE $26,764
CASH ON CASH RETURN 41.70%
airbnb property investment Asheville
airbnb property investment Asheville

26 Walnut Ln Unit 53 & 55, Asheville, NC 28804

3. 2-Bedroom Mountain/Hillside Type Property for Sale Asheville
  • Less than five minutes from Asheville’s River Arts District
  • Asking Price: $169,000
GROSS RENTAL YIELD 22.38%
ANNUAL REVENUE $37,827
CASH ON CASH RETURN 41.38%
3-bedroom Asheville
3-bedroom Asheville

176 Gashes Creek Rd, Asheville, NC 28805

4. 3-Bedroom Mountain/Hillside Type Property for Sale Asheville
  • Near the end of Gashes Creek Road
  • Asking Price: $199,000
GROSS RENTAL YIELD 25.57%
ANNUAL REVENUE $50,886
CASH ON CASH RETURN 50.95%
4-bedroom Asheville
4-bedroom Asheville

14 Fortunate Dr, Asheville, NC 28806

5. 4-Bedroom Type Property for Sale Asheville City Centre
  • 4 hours 29 mins to Southminster Presbyterian Church, Harding Place
  • Asking Price: $299,999
GROSS RENTAL YIELD 23.91%
ANNUAL REVENUE $71,484
CASH ON CASH RETURN 45.96%

Conclusion

Conducting market research in Asheville is helpful for accuracy and knowing the potential profitability. With stunning landscapes from Blue Ridge and Great Smoky mountain ranges and the variety of recreational activities that attract a great number of visitors to Asheville, it can certainly generate a nice cash flow for property investors. However, it’s recommended to choose the correct neighborhood in order to avoid areas with a high crime rate.

As long as the potential revenue is calculated using an Airbnb profit calculator, it’s definitely worth the time & effort to invest and speak with a short-term rental expert to make the wisest decision for property investment that you won’t regret.

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Airbnb Investment All About Airbnb

Investing in Airbnb Property for Sale in Sedona: Is it lucrative?

airbnb property investment Sedona

Sedona is a fascinating city with various outdoor activities for all ages! From hiking to mountain biking, this city offers an exquisite view of red rock formations in Arizona which is a must-see for all kinds of travelers.

If you are looking to invest in a property where you can maximize profitability in Sedona, then now is the right time to do so! To begin with, the major costs and potential revenue are one of the few factors that should be considered before deciding to purchase a property. Another excellent option is to do Airbnb rental arbitrage since it’s fairly popular and does not require you to purchase a property as a start.

Here’s an interesting fact: Sedona is also one of the best places to Airbnb in Arizona!

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The number of home sales and homes that came on the market for the Sedona real estate market saw increases over those seen in September. Despite decreases in home sales when compared to last year, inventory levels are still showing a Seller’s market.

– Angelo Davis Realtor on Sedona’s Real Estate Housing

Aside from looking at a property’s fascinating architectural design, proximity to major tourist areas, and accessibility to the best go-to places, the primary step is to determine profitability. In this article, we’ll discuss the metrics in order to gauge the best property investment.

This includes the best website recommendations for property investment, defining property gross rental yield, cash-on-cash return, and annual revenue, along with some of the most ideal and profitable properties according to their location. Stoked to learn more? Continue reading!

Pros of buying an Airbnb Property in Sedona

Sedona is one of the most beautiful destinations in Arizona, as it’s nestled amid stunning red rock mountains and canyons, without a doubt it offers amazing landscapes to everyone who visits it! However, there’s more to learn as to why we recommend purchasing a property in this city. Here are some of the major reasons why you should consider buying a property for Airbnb in Sedona:

1. Vibrant tourist destination

Did you know that Sedona is the second city in Arizona that attracts the most tourists annually? Thanks to its picturesque and unique views, the variety of leisure activities that offers and its lively atmosphere, this city draw nearly 3M visitors per year! This certainly sounds great to investors who want to cater to tourist accommodations.

2. Close to major cities

Sedona has a great location in Arizona since it’s located near major cities such as Flagstaff, Jerome and Prescott. In addition to this, it’s just 2 hours drive from Phoenix (around 187km).

3. Low crime rate

Safety is certainly something investors should have in mind when looking for a place to invest it. The great news here is that, compared to other cities in Arizona, Sedona has a low crime rate the overall is 12 per 1,000 residents, making it fairly safe for both locals and visitors. According to Areavibes, the crime rate in Sedona is 56% more than the national average. 

What to Expect When Purchasing a Property in Sedona?

Now that we know the pros of investing in Sedona, let’s take a quick look at some of the cons. It’s always better to look at the two sides of each coin in order to properly set your expectations!

1. High cost of living

Sadly, Sedona is quite expensive if we talk about the cost of living because it’s 35% higher than the national average. Aside from that, the housing market prices are also pretty high as it’s 98% higher than the national average (the median property price is $944K)

Best Neighborhoods for Airbnb in Sedona

Let’s take a closer look at the important Airbnb key metrics to discover which is the most profitable neighborhood in Sedona. Filtered for a 1-bedroom apartment, here is a brief overview of some of the most recommended and profitable neighborhoods:

airbnb property investment Sedona

1. Red Rocks Estates
  • Annual Revenue: $63,912
  • Occupancy Rate: 90%
  • Average Daily Rate: $172
2. South West Sedona
  • Annual Revenue: $57,500
  • Occupancy Rate: 92%
  • Average Daily Rate: $151
3. Uptown Sedona
  • Annual Revenue: $65,026
  • Occupancy Rate: 83%
  • Average Daily Rate: $202

Is Property Investment Profitable in Sedona City Centre?

Using an Airbnb income calculator, it was discovered that a 2-bedroom apartment in Sedona City Centre can generate an annual revenue of $112,988 with a steady occupancy rate of 90% and a nightly rate of $302.

airbnb property investment Sedona

airbnb property investment Sedona

Property for Sale in Sedona, Arizona

Finding the best properties that have the potential to produce high yields and capital growth are certainly some of the preferences of major investors. It’s always best to ask for assistance from real estate agents to access exclusive and unique properties during the development stage.

At the same time, it’s even better when a property investor like you conducts research about predicted growths and market forecasts. Here are some of the houses for sale in Sedona (AZ) City Centre along with the calculated gross rental yield, cash-on-cash return, and annual revenue:

airbnb property investment Sedona
airbnb property investment Sedona

17550 S Munds Ranch Rd Spc 306, Munds Park Pinew, AZ 86017

1. Studio-type Property for Sale Sedona
  • Near Arizona Veterans Hwy
  • Asking Price: $118,000
GROSS RENTAL YIELD 27.71%
ANNUAL REVENUE $32,701
CASH ON CASH RETURN 57.37%
airbnb property investment Sedona
airbnb property investment Sedona

1630 E Coconino St #24, Cottonwood, AZ 86326

2. 1-Bedroom Type Property for Sale Sedona
  • Near Old Town General Dentistry & Denture Lab
  • Asking Price: $138,000
GROSS RENTAL YIELD 26.73%
ANNUAL REVENUE $36,891
CASH ON CASH RETURN 54.43%
airbnb property investment Sedona
airbnb property investment Sedona

7 Maroon Mountain Dr Unit D02, Sedona, AZ 86336

3. 2-Bedroom Type Property for Sale Sedona
  • Near Maroon Mountain Dr
  • Asking Price: $235,000
GROSS RENTAL YIELD 25.53%
ANNUAL REVENUE $59,999
CASH ON CASH RETURN 50.83%
3-bedroom Sedona
3-bedroom Sedona

345 S El Rancho Bonito Rd, Cornville, AZ 86325

4. 3-Bedroom Type Property for Sale Sedona
  • 0.5 miles Oak Creek School
  • Asking Price: $399,000
GROSS RENTAL YIELD 23.17%
ANNUAL REVENUE $92,429
CASH ON CASH RETURN 43.73%
4-bedroom Sedona
4-bedroom Sedona

740 E Trout Creek Rd, Munds Park, AZ 86017

5. 4-Bedroom Type Property for Sale Sedona
  • Near Trout Creek Rd
  • Asking Price: $525,000
GROSS RENTAL YIELD 25.39%
ANNUAL REVENUE $133,272
CASH ON CASH RETURN 50.39%

Conclusion

Investing in a property is certainly a huge step that one needs to not only think about – but also conduct market research for accuracy. Sedona can generate a nice cash flow for property investors, as long as the right neighborhood is targeted and potential revenue is calculated using an Airbnb rental arbitrage calculator. While there are many other cities to invest in Arizona aside from Sedona, it’s definitely worth the time & effort to speak with a short-term rental expert to make the wisest decision for property investment.

Airbnb Data
Airbnb Data

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