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Airbnb Property Investment Profitability: Property for sale in Washington, Utah

airbnb property investment washington utah

Washington is part of the St. George Metropolitan area and has plenty of world class parks that attract a great deal of visitors throughout the year. Aside from various fascinating landscape conformed by red rock cliffs, Washington City also brags its natural surroundings where outdoor activities like gold courses can be enjoyed by tourists!

To name a few top tourist attractions, Washington is located near to ion’s National Park and Bryce Canyon, where locals and visitors alike can explore the fascinating Utah wilderness, do hiking, mountain biking, canyoneering and much more fun recreational activities!

Before deciding to purchase a property in Washington, it’s certainly important to consider the major costs, revenue and average occupancy rates to make sure that it will be profitable. At the same time, it’s also essential to consider the Airbnb rules and polciies in the city in order to operate an Airbnb business without worrying about breaching the laws.

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. Let’s dive in and learn about Airbnb property investment in Washington City and discover whether it’s worth your penny and precious time. Continue reading to learn more.

Pros of buying an Airbnb Property in Washington City, Utah

Located in the southern central part of Utah, Washington City boasts amazing natural surroundings that open the doors to unique experiences. However, there’s more to learn about 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 Washington City:

1. The property tax rate is low

Property taxes can give headaches to homeowners from time to time, but don’t worry too much about paying high rates in Utah! Overall, Utah has an average effective property tax rate of 0.52%, which positions the State as the sixth-lowest in the country. Moreover, in Washington County, the rate is 0.61% assessed value.

2. How safe is this city?

While one should always be aware of their surroundings, Washington will let you take a breath away from violent crime issues. The crime rate here is 35% lower than the national average. In addition to this, the property crime rate is 28% lower than in other cities in the state.

3. Don’t worry about natural disasters!

It’s safe to say that property investors will always worry about natural disasters as they can greatly damage their properties. On top of that, insurance can be too expensive with certain damages. But the great news is that you won’t need to worry too much about these problems. According to Dwellics, in Washington, the city is not prone to natural disasters such as tornadoes, hurricanes and wildfires. 

What to Expect When Purchasing a Property in Washington City?

Now that we know the pros of investing in Washington City, 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!

  • Real estate in Washington City: Is it affordable?

Washington is, without a doubt, an attractive city to invest in, however, investors with a limited budget will have a difficult time finding affordable houses here as the prices are above other cities in the US. The average housing price in Washington City is $650K with a 1-year change value of 12.6% according to Realtor.

airbnb property investment washington utah

Is Property Investment Profitable in Washington, Utah?

Using an Airbnb income calculator, it was discovered that a 2-bedroom apartment in Washington can generate an annual revenue of $98,376 with a steady occupancy rate of 79% and a nightly rate of $293.

airbnb property investment washington utah

airbnb property investment washington utah

Homes for Sale in Washington City, Utah

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 Washington City properties for sale along with the calculated gross rental yield, cash-on-cash return, and annual revenue:

airbnb property investment washington utah
airbnb property investment washington utah

1225 N Dixie Downs Rd UNIT 164, Saint George, UT 84770

1. Studio-type Property for Sale Washington 
  • 3.6 miles Red Mountain School
  • Asking Price; $119,000
GROSS RENTAL YIELD 18.36%
ANNUAL REVENUE $21,845
CASH ON CASH RETURN 29.30%
airbnb property investment washington utah
airbnb property investment washington utah

180 N 1100 E Unit 154, Washington, UT 84780

2. 1-Bedroom Type Property for Sale Washington 
  • 2.3 miles to Pine View High School
  • Asking Price: $120,000
GROSS RENTAL YIELD 18.63%
ANNUAL REVENUE $22,352
CASH ON CASH RETURN 30.11%
airbnb property investment washington utah
airbnb property investment washington utah

448 E Telegraph St Trlr 61, Washington, UT 84780

3. 2-Bedroom Type Property for Sale Washington 
  • 0.6 miles to Washington School
  • Asking Price: $100,000
GROSS RENTAL YIELD 21.30%
ANNUAL REVENUE $21,303
CASH ON CASH RETURN 38.14%
3 bedrooms washington
3 bedrooms washington

1360 N Dixie Downs Rd Unit 9, Saint George, UT 84770

4. 3-Bedroom Type Property for Sale Washington 
  • 0.7 miles to Snow Canyon High School
  • Asking Price $150,000
GROSS RENTAL YIELD 30.04%
ANNUAL REVENUE $45,059
CASH ON CASH RETURN 64.35%
4 bedrooms washington
4 bedrooms washington

5013 Escapes Drive Dr N Unit 303, Saint George, UT 84770

5. 4-Bedroom Type Property for Sale Washington
  • 3.7 miles to Diamond Valley School
  • Asking Price: $138,000
GROSS RENTAL YIELD 36.19%
ANNUAL REVENUE $49,946
CASH ON CASH RETURN 82.81%

Conclusion

Before investing in a property is certainly important to conduct market research for accuracy, so you won’t be wasting your time and money in a location that won’t generate profit. With the various natural attractions and recreational activities in Washington, it 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. Yet, investors with a limited budget may find it hard to find an affordable property here, but there are still many other cities in Utah that they can target!

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Airbnb Investment All About Airbnb

Airbnb Property Investment Profitability: Homes for sale in San Diego, CA

airbnb property investment san diego

San Diego’s beautiful sunny weather and white sand beaches make it perfect for anyone who wants to relax and be productive with outdoor activities at the same time. While many travelers consider this city on their travel bucket list, it’s most certainly a thrill for property investors too! 

Considered one of the best cities to start Airbnb in the USA, San Diego is a haven for tourists and young professionals alike, which is perfect for property investors who want to earn a passive income by owning properties.

To begin with, the major costs and potential revenue should be considered before deciding to purchase a property. Another excellent option is to do rental arbitrage in San Diego, since it’s fairly popular and does not require you to purchase a property as a start.

.

“San Diego is an appreciation market, so theoretically, most homes purchased in the county will increase in value over time. There is strong demand for homes, but not enough supply.

– By Olivia Black on San Diego Real Estate Investment

Here’s an interesting fact: San Diego is one of the best places to Airbnb in California

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 San Diego, 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 San Diego

It’s a fact that San Diego is a captivating city with almost perfect weather and picturesque beaches. From a variety of shopping options to renowned theme parks, San Diego certainly has something to offer to everyone and you will never get bored here! 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 San Diego:

1. Popular tourism destination

It’s undeniable that San Diego is one of the major tourist hotspots in Southern California and the tourism sector plays an essential role in San Diego’s economy as it brings a lot of tax revenue! Around 35M travelers visit this city annually to experience its fun recreational activities and lively atmosphere. This certainly is interesting info for investors who want to cater to tourist accommodations.

2. Booming job market 

San Diego is home to many large businesses and startups that allow it to enjoy a strong economy with a booming job market that is mainly based around sectors like healthcare, tourism & accommodations and manufacturing. In fact, the city has an unemployment rate of 2.7% which is lower than the national average of 6.0%.

3. Low crime rate

Safety is always a concern for homeowners and is always best to be aware of everything because we know that crime is something that can happen when you least expect it. Yet, San Diego is a quite safe city as its crime rate is 23 per one thousand residents and the chance to become a victim of property crime is 1 in 52.

Cons of purchasing a property in San Diego

Now that we know the pros of investing in San Diego, 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!

  • Cost of living & real estate in San Diego

San Diego is a captivating city and while it has positive aspects, we also need to analyze its downsides, for example, the housing market and cost of living. The median property price is near $900K with a 1-year value change of 7%.  On the other side, the living cost is 50% more expensive than the US average.

airbnb property investment san diego

Is Property Investment Profitable in San Diego?

Using an Airbnb income calculator, it was discovered that a 2-bedroom apartment in San Diego can generate an annual revenue of $63,610 with a steady occupancy rate of 76% and a nightly rate of $181.

airbnb property investment san diego

airbnb san diego

Cheap Homes for Sale in San Diego

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 homes for sale in San Diego under 300k, along with the calculated gross rental yield, cash-on-cash return, and annual revenue:

airbnb property investment san diego
airbnb property investment san diego

1315 Pepper Dr Spc 64, El Cajon, CA 92021

1. Studio-type Property for Sale San Diego
  • 0.2 miles to W. D. Hall Elementary School
  • Asking Price: $139,900
GROSS RENTAL YIELD 24.00%
ANNUAL REVENUE $33,355
CASH ON CASH RETURN 46.22%
airbnb property investment san diego
airbnb property investment san diego

2621 Sweetwater Rd SPACE 72, National City, CA 91950

2. 1-Bedroom Type Property for Sale San Diego
  • 1.3 miles to Lemon Crest Elementary School
  • Asking Price: $129,900
GROSS RENTAL YIELD 29.33%
ANNUAL REVENUE $38,099
CASH ON CASH RETURN 62.22%
airbnb property investment san diego
airbnb property investment san diego

8661 Winter Gardens Blvd Spc 16, Lakeside, CA 92040

3. 2-Bedroom Type Property for Sale  San Diego
  • 0.3 miles to Oakland Elementary School
  • Asking Price: $224,900
GROSS RENTAL YIELD 25.46%
ANNUAL REVENUE $58,531
CASH ON CASH RETURN 50.61%
3 bedrooms sandiego
3 bedrooms sandiego

4958 Old Cliffs Rd, San Diego, CA 92120

4. 3-Bedroom Type Property for Sale San Diego
  • 0.6  miles to Foster Elementary School
  • Asking Price: $299,000
GROSS RENTAL YIELD 28.94%
ANNUAL REVENUE $86,543
CASH ON CASH RETURN 61.07%
4 bedrooms sandiego
4 bedrooms sandiego

6333 College Grove Way Unit 11202, San Diego, CA 92115

5. 4-Bedroom Type Property for Sale San Diego 
  • 1 mile to Vista La Mesa Academy
  • Asking Price: $449,000
GROSS RENTAL YIELD 25.00%
ANNUAL REVENUE $112,265
CASH ON CASH RETURN 49.24%

Conclusion

San Diego 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 California aside from San Diego, it’s definitely worth the time & effort to speak with a short-term rental expert to make the wisest decision for property investment. But still, considering its housing market and cost of living are higher than the nation average, then this market may not be suited for investors with a limited budget.

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Airbnb Investment All About Airbnb

Best Places to Airbnb in Ohio: A Guide to Investing in Real Estate near Columbus

best places to Airbnb in Ohio

Key Takeaways
  • The reasonable cost of living, healthy real estate market, and economic growth of Columbus allowed many hosts to earn a good passive income by owning Airbnb listings. 
  • Learn the advantages that investors can enjoy when investing in short-term rentals in Columbus and nearby cities.
  • We’ll feature the top 10 neighborhoods and nearby cities in Columbus, OH, along with their recommended property types, median housing values, and respective Airbnb data. 

Introduction

Columbus is located in Franklin County, Ohio, and is the most populous city in the state. Visitors truly love the city’s friendly environment, vibrant nightlife and cultural attractions.

Also known as “The Biggest Small Town in America”, Columbus may be a little city if we compare it to major cities like New York, but still, the city makes visitors and locals feel as if they were in a big metropolis.

Columbus offers a great quality of life & an affordable cost of living, and a healthy economy. This has drawn many investors’ attention over the past few years. But you may wonder, “which are the most profitable areas for Airbnb in Columbus?” – we got you!

In this article, we’ll feature the best places to Airbnb in Columbus, Ohio & nearby cities and some of the expectations for Airbnb investment properties in this city. Continue reading to learn more.

Why should you consider investing in Columbus Real Estate?

Starting an Airbnb business is indeed a good way of earning a passive income since this city offers attractive investment opportunities to investors. But what are the main advantages that this location offers to property investors? Check out some of the major reasons why investing in rental property in Columbus, Ohio is a great idea: 

  • Affordable cost of living

Ohio is a landlord-friendly city with a real estate market that, to date, offers a variety of options with prices that remains relatively low. The average property price is $249K with a 1-year value change of 10.7% as confirmed by Realtor

In addition to this, the cost of living is also something that investors should consider when choosing the perfect location to set up their Airbnb listing. So if you’re interested in Columbus’ market, you will like to know that the median living wage in Columbus is 12% cheaper than the national average.

  • Healthy economy 

One of the most positive aspects of Columbus is its profitable and healthy economy that is supported by a variety of industries like logistics, education, health care, hospitality, and technology. 

The city owns a robust economy that offers many job opportunities as well. Thus, young professionals are bound to find a good employment offer in Columbus.  

  • Tourist and student markets

Did you know that over 42.7M people visit Greater Columbus every year? According to Experience Columbus portal, visitors arrive constantly in the city to go to conventions, trade shows & sporting events and also to enjoy the great leisure options available.

On the other side, we should also emphasize the student market of Columbus. As the capital of Ohio state, there are many higher education institutions located inside the city and in its surroundings that host a great number of students. Hence, if you’re looking to cater to students’ accommodations, Columbus is a great choice for you.

Is Airbnb Profitable in Columbus, OH?

Don’t worry! Airbtics confirms that investing in short-term rentals in Columbus, Ohio, is certainly profitable for real estate investors. In fact, it’s one of the best cities to start an Airbnb business in the US. Still, it must be considered that the level of profitability depends on the property type and location.

According to Airbtics’ data, an Airbnb host can expect an average annual revenue of $32,166 and a median occupancy rate of 58% for operating a 3-bedroom property in Columbus.

best places to Airbnb in Ohio

10 Most Profitable Areas near Columbus for Airbnb

Columbus is the largest city in the state of Ohio and has several neighborhoods distributed around the city limits. Hence, we understand if you’re struggling to choose the best location to set up your Airbnb listing in Columbus.

Check out the best neighborhoods and nearby cities in Columbus that are highly recommended for starting an Airbnb business:

1. Franklinton, Columbus
  • Total Number of Airbnb Listings: 32
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $179,900
  • Airbnb Annual revenue: $48,146
  • Gross rental yield: 26.76%
2. German Village, Columbus
  • Total Number of Airbnb Listings: 55
  • Best bedroom size: 4 bedrooms
  • Median property price (4 bedrooms): $549,900
  • Airbnb Annual revenue: $126,995
  • Gross rental yield: 23.09%
3. Fifth by Northwest, Columbus
  • Total Number of Airbnb Listings: 19
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $358,000
  • Airbnb Annual revenue: $64,852
  • Gross rental yield: 18.12%
4. Harrison West, Columbus
  • Total Number of Airbnb Listings: 38
  • Best bedroom size: 4 bedrooms
  • Median property price (4 bedrooms): $424,000
  • Airbnb Annual revenue: $73,791
  • Gross rental yield: 17.40%
5. Downtown Columbus, Columbus
  • Total Number of Airbnb Listings: 78
  • Best bedroom size: 2 bedrooms
  • Median property price (2 bedrooms): $250,000
  • Airbnb Annual revenue: $42,101
  • Gross rental yield: 16.84%
6. Dayton, OH
  • Distance from Columbus: 72 miles 
  • Total Number of Airbnb Listings: 187
  • Best bedroom size: 3 bedroom
  • Median property price (3 bedroom): $140,000
  • Airbnb Annual revenue: $31,034
  • Gross rental yield: 22.17%
7. Cincinnati, OH
  • Distance from Columbus: 98 miles 
  • Total Number of Airbnb Listings: 930
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $220,000
  • Airbnb Annual revenue: $53,521
  • Gross rental yield: 24.33%
8. Cleveland, OH
  • Distance from Columbus: 126 miles 
  • Total Number of Airbnb Listings: 851
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $120,000
  • Airbnb Annual revenue: $52,082
  • Gross rental yield: 43.40%
9. Akron, OH
  • Distance from Columbus: 126 miles 
  • Total Number of Airbnb Listings: 138
  • Best bedroom size: 4 bedrooms
  • Median property price (4 bedrooms): $240,000
  • Airbnb Annual revenue: $68,568
  • Gross rental yield: 28.57%
10. Pittsburgh, PA
  • Distance from Columbus: 162 miles
  • Total Number of Airbnb Listings: 1,163
  • Best bedroom size: 3 bedrooms
  • Median property price (3 bedrooms): $219,900
  • Airbnb Annual revenue: $49,250
  • Gross rental yield: 22.40%

Takeaway

In summary, the neighborhoods and nearby cities in Columbus are some of the best places to invest in Ohio state because they offer great investment opportunities to real estate investors. 

Are you wondering how much can you earn through Airbnb? We advise you to check out Airbtics’ short-term rental estimator. Choose to stand out among your competitors and maximize your profitability now!

Explore The Most Profitable Airbnb Locations Near Columbus

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Airbnb Investment All About Airbnb

Airbnb Guide: Best Neighborhoods to Invest in Indianapolis

Best Neighborhoods to Invest in Indianapolis: Avoid unprofitable rental markets and go only for the Best neighborhoods to invest in Indianapolis for Airbnb. Find the leads from this article!

Best Cities to Airbnb near Indianapolis

Avoid unprofitable rental markets and go only for the Best neighborhoods to invest in Indianapolis for Airbnb. Find the leads from this article!

Key Takeaways

  • Indianapolis is known as the racing capital of the world and host to other major sporting events, making it a haven for adrenaline junkies. Property investors can get equally pumped up in looking for the best real estate investment in Indianapolis.
  • Indianapolis investment properties have staggering prices, but short-term rental data analytics can help investors maximize returns from their Airbnb properties.

Introduction

The high housing prices in Indianapolis make investors race for the most profitable short-term rental properties in the racing capital of the world. While it does not have to be this stressful, a lot of investors haven’t tapped into short-term rental data analytics

This is most helpful in narrowing down prospective properties according to prices, occupancy rate, and rental revenue among others. Without data analytics, looking for rental properties can be an aimless pursuit. 

So gas up your car because we are about to point you to the best real estate investments in Indianapolis and nearby cities!

Is Indianapolis good for real estate investment?

Yes, Indianapolis is excellent for real estate investment. In fact, short-term rental is the best way to go! According to Airbtics’ Insight Tool, Indianapolis has 1,117 active Airbnb listings. An Airbnb host operating a 3-bedroom unit in this city can expect an average annual revenue of $26,617 with an occupancy rate of 41%. Continue reading this article to find out which neighborhoods and their best property size give the highest annual revenue.

best neighborhoods to invest in indianapolis

There are other reasons why you should consider investing in Indianapolis. You can rest assured that your investment property is located in a good city due to the following indicators:  

  • Multi-sector economy –  Indianapolis has multiple profitable industries such as education, healthcare, and financial services which contribute to the city’s economy. Aside from these sectors, tourism is also a primary contributor to Indianapolis’ growth being a host to major sporting events that attract visitors from all over the world. 
  • Strong workforce – While Indianapolis is one of the most densely populated cities in the US, its workforce remains strong with a low unemployment rate. Employment is still expected to grow until 2024 with an annual rate of 2.9%.

If you still can’t afford an Indianapolis investment real estate, you can still earn passive income via rental arbitrage.

best neighborhoods to invest in indianapolis

Airbnb Locations: Best Neighborhoods to Invest in Indianapolis

Let rental analytics lead you to the best areas to invest in Indianapolis for Airbnb! Luckily for you, Airbtics’ Insights Tool is so easy to use. Simply type in “Indianapolis” or any other city of your choice.

best neighborhoods to invest in indianapolis

As you zoom in or drag the map, the data on the Airbtics Dashboard is also updated! You cannot find anything like this anywhere else!

Using this research method, you can find that the best rental areas in Indianapolis for Airbnb investments. Optimize your earnings by going for the best number of bedrooms!

airbtics-logo-300x87
Location Number of Airbnb Listings Best Number of Bedrooms Airbnb Annual Revenue Median Property Price GRY
Meridian-Kessler 27 4 Bedrooms $240,475 $687,450 34.98%
Downtown 242 5 Bedrooms $101,493 $799,950 12.69%
Near Eastside 103 4 Bedrooms $64,548 $595,000 10.85%
Near Southeast 31 3 Bedrooms $23,962 $369,900 6.48%

Airbnb Location

Airbnb Dataset

  • Total Number of Airbnb Listings: 27
  • Most Profitable Number of Bedrooms: 4 Bedrooms
  • Airbnb Annual Revenue Potential: $240,475
  • Median Property Price: $687,450
  • Gross Rental Yield: 34.98%
  • Total Number of Airbnb Listings: 242
  • Most Profitable Number of Bedrooms: 5 Bedrooms
  • Airbnb Annual Revenue Potential: $101,493
  • Median Property Price: $799,950
  • Gross Rental Yield: 12.69%
  • Total Number of Airbnb Listings: 103
  • Most Profitable Number of Bedrooms: 4 Bedrooms
  • Airbnb Annual Revenue Potential: $64,548
  • Median Property Price: $595,000
  • Gross Rental Yield: 10.85%
  • Total Number of Airbnb Listings: 31
  • Most Profitable Number of Bedrooms: 3 Bedrooms
  • Airbnb Annual Revenue Potential: $23,962
  • Median Property Price: $369,900
  • Gross Rental Yield: 6.48%

Source: Airbtics Dashboard

Maximize the Insights tool by creating your own Custom Market. You can opt to follow geographical boundaries or not, but this tool allows you to save your market for easy monitoring!

best area for airbnb in washington dc

Find the Best Neighborhoods to Invest in Indianapolis with Airbnb Analytics

Airbtics has provided useful and accurate data to help investors in their investment decisions. If you’re in hot pursuit of the best neighborhoods to invest in Indianapolis, Airbtics Insights Tool can help you explore the different areas in the racing capital of the world. And as you see, it is so easy to use. Plus the data gets updated with your every move! So arm yourself with only the most powerful data analytics tool!

Wanna know if you’re pricing your Airbnb right? Check out our free short-term rental calculator!

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Find unsaturated neighborhoods with the highest occupancy history.

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