Fairview Park, Ohio| Airbnb Market Data & Overview | USA
Fairview Park, Ohio Airbnb Market Data & Overview USA
Is it profitable to do Airbnb in Fairview Park, Ohio, USA?
What is the occupancy rate of Airbnb in Fairview Park, Ohio,
USA?
What is the average daily rate of Airbnb in Fairview Park, Ohio,
USA?
Fairview Park, Ohio, USA Airbnb Data
Last updated on: 5th May, 2024
USA / Fairview Park, Ohio
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
Fairview Park, Ohio is good for Airbnb.
Yes, it’s profitable to Airbnb
because the average net rental yield for a
one-bedroom property is
15.1%.
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 Fairview Park, Ohio is booked for
281 nights a year, with a median
occupancy rate of 77% and an average
daily rate of $96. In Fairview Park, Ohio, A typical
host income (annual revenue) was
$22,827 in 2023.
Best Areas in
Fairview Park for
Airbnb
Are you wondering where to invest in Fairview Park? 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. 🚀
Rocky River Reservation
Cleveland Metroparks Zoo
West Side Market
Cleveland Museum of Art
Cedar Point Amusement Park
The Cleveland Museum of Natural History
Progressive Field
Greater Cleveland Aquarium
The Flats East Bank
Cleveland Botanical Garden
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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vacation rental data for free.
