Greenwood, Indiana
Airbnb Market Statistics & Data
USA

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

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

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


Last updated on: 15th May, 2024



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USA / Indiana / Greenwood, 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 Greenwood, Indiana is good for Airbnb.
Occupancy Rate

65%

$119

Daily Rate

$26K+

Revenue (2023)

6.6%

Net Yield

49

Number of Listings
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Is Airbnb Profitable in Greenwood, Indiana ?

Maybe, it's profitable to Airbnb because the average net rental yield for a one-bedroom property is 6.6%.
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 Greenwood, Indiana is booked for 153 nights a year, with a median occupancy rate of 42% and an average daily rate of $92. In Greenwood, Indiana, A typical host income (annual revenue) was $15,987 in 2023.

Best Areas in Greenwood for Airbnb

Are you wondering where to invest in Greenwood? 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. Indianapolis Zoo
  2. Children's Museum of Indianapolis
  3. Lucas Oil Stadium
  4. Bankers Life Fieldhouse
  5. Indianapolis Motor Speedway
  6. White River State Park
  7. Eagle Creek Park
  8. Circle Centre Mall
  9. Indiana State Museum
  10. Broad Ripple Village
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 Greenwood, Indiana's Airbnb Data
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