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Annual Airbnb Revenue in Lake lure north carolina, USA

Last updated on May 21st, 2024

Lake Lure, North Carolina| Airbnb Market Data & Overview | USA

Lake Lure, North Carolina
Airbnb Market Data & Overview
USA

Is it profitable to do Airbnb in Lake Lure, North Carolina, USA?

What is the occupancy rate of Airbnb in Lake Lure, North Carolina, USA?

What is the average daily rate of Airbnb in Lake Lure, North Carolina, USA?

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Lake Lure, North Carolina, USA Airbnb Data

Last updated on: 15th May, 2024

USA / North carolina / Lake Lure, North Carolina
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 Lake Lure, North Carolina is good for Airbnb.
Occupancy Rate

51%

$238

Daily Rate

$47K+

Revenue (2023)

7.7%

Net Yield

371

Number of Listings

Is Airbnb Profitable in Lake Lure, North Carolina ?

Maybe, it’s profitable to Airbnb because the average net rental yield for a one-bedroom property is 7.7%.
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 Lake Lure, North Carolina is booked for 186 nights a year, with a median occupancy rate of 51% and an average daily rate of $156. In Lake Lure, North Carolina, A typical host income (annual revenue) was $30,045 in 2023.

Best Areas in Lake Lure for Airbnb

Are you wondering where to invest in Lake Lure? 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. Lake Lure Beach and Water Park
  2. Chimney Rock State Park
  3. Lake Lure Flowering Bridge
  4. Rumbling Bald Resort on Lake Lure
  5. Lake Lure Adventure Company
  6. Cedar Creek Stables
  7. The 1927 Lake Lure Inn and Spa
  8. Chimney Rock Village Riverwalk
  9. Lake Lure Tours
  10. Dittmer-Watts Nature Trail 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 Lake Lure, North Carolina‘s Airbnb Data
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