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Elkhart, Indiana
Airbnb Market Statistics & Data
USA

Is it profitable to do Airbnb in Elkhart, Indiana, USA?

What is the occupancy rate of Airbnb in Elkhart, Indiana, USA?

What is the average daily rate of Airbnb in Elkhart, Indiana, USA?


Last updated on: 15th May, 2024



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USA / Indiana / Elkhart, Indiana
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 Elkhart, Indiana is good for Airbnb.
Best Airbnb Markets in USA ⟶
Occupancy Rate

58%

$137

Daily Rate

$27K+

Revenue (2023)

31.4%

Net Yield

30

Number of Listings
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Is Airbnb Profitable in Elkhart, Indiana ?

Yes, it's profitable to Airbnb because the average net rental yield for a one-bedroom property is 31.4%.
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 Elkhart, Indiana is booked for 201 nights a year, with a median occupancy rate of 55% and an average daily rate of $116. In Elkhart, Indiana, A typical host income (annual revenue) was $35,330 in 2023.

Best Areas in Elkhart for Airbnb

Are you wondering where to invest in Elkhart? 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. Elkhart County 4-H Fairgrounds
  2. Wellfield Botanic Gardens
  3. Ruthmere Mansion
  4. Midwest Museum of American Art
  5. Amish Acres
  6. National New York Central Railroad Museum
  7. Elkhart Environmental Center
  8. RV/MH Hall of Fame and Museum
  9. Boot Lake Nature Preserve
  10. NIBCO Water and Ice Park
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 Elkhart, Indiana's Airbnb Data ⟶
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