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Annual Airbnb Revenue in Crozet virginia, USA

Last updated on May 9th, 2024

Crozet, Virginia| Airbnb Market Data & Overview | USA

Crozet, Virginia
Airbnb Market Data & Overview
USA

Is it profitable to do Airbnb in Crozet, Virginia, USA?

What is the occupancy rate of Airbnb in Crozet, Virginia, USA?

What is the average daily rate of Airbnb in Crozet, Virginia, USA?

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Crozet, Virginia, USA Airbnb Data

Last updated on: 5th May, 2024

USA / Crozet, Virginia
Investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rentals typically is double the amount of traditional rentals.
The true profit from home investing comes from capital appreciation and cash flow from your rental. Between 1850 and 2015, globally, the average home value appreciated at 5.5% annually. If your short-term rental yields 3% of your total initial investment, your investment’s annual return is 8.5% before taxes are considered.
Without further ado, let’s see if Crozet, Virginia is good for Airbnb.
Occupancy Rate

54%

$189

Daily Rate

$42K+

Revenue (2023)

7.4%

Net Yield

33

Number of Listings

Is Airbnb Profitable in Crozet, Virginia ?

Maybe, it’s profitable to Airbnb because the average net rental yield for a one-bedroom property is 7.4%.
The national median net short-term rental yield is 5.4% in the USA. For more context, a traditional rental can typically yield 2-4% if you don’t have to pay a mortgage interest. A typical 1 bedroom listing in Crozet, Virginia is booked for 193 nights a year, with a median occupancy rate of 53% and an average daily rate of $109. In Crozet, Virginia, A typical host income (annual revenue) was $29,631 in 2023.

Best Areas in Crozet for Airbnb

Are you wondering where to invest in Crozet? Look no further! Here are 10 areas travelers often search for. You can find the short-term rental statistics of all of these neighborhoods from Airbtics! Check out which neighborhood has the highest rental demand. 🚀
  1. King Family Vineyards
  2. Chiles Peach Orchard
  3. Mint Springs Valley Park
  4. White Hall Vineyards
  5. Delfosse Vineyards and Winery
  6. Blue Mountain Brewery
  7. Wildrock
  8. Crozet Park
  9. Old Trail Golf Course
  10. Beaver Creek Lake
Okay, you might wonder about more specific data. For example, how much can an average listing with 2 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month?
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Explore Crozet, Virginia‘s Airbnb Data
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