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Annual Airbnb Revenue in Mount pleasant south carolina, USA

Last updated on April 30th, 2024

Mount Pleasant, South Carolina| Airbnb Market Data & Overview | USA

Mount Pleasant, South Carolina
Airbnb Market Data & Overview
USA

Is it profitable to do Airbnb in Mount Pleasant, South Carolina, USA?

What is the occupancy rate of Airbnb in Mount Pleasant, South Carolina, USA?

What is the average daily rate of Airbnb in Mount Pleasant, South Carolina, USA?

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Mount Pleasant, South Carolina, USA Airbnb Data

Last updated on: 30th April, 2024

USA / Mount Pleasant, South 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 Mount Pleasant, South Carolina is good for Airbnb.
Occupancy Rate

70%

$224

Daily Rate

$56K+

Revenue (2023)

7.2%

Net Yield

548

Number of Listings

Is Airbnb Profitable in Mount Pleasant, South Carolina ?

Maybe, it’s profitable to Airbnb because the average net rental yield for a one-bedroom property is 7.2%.
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 Mount Pleasant, South Carolina is booked for 252 nights a year, with a median occupancy rate of 69% and an average daily rate of $142. In Mount Pleasant, South Carolina, A typical host income (annual revenue) was $36,160 in 2023.

Best Areas in Mount Pleasant for Airbnb

Are you wondering where to invest in Mount Pleasant? 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. Boone Hall Plantation
  2. Patriots Point Naval & Maritime Museum
  3. Sullivan’s Island
  4. Shem Creek Park
  5. Charles Pinckney National Historic Site
  6. The Old Village
  7. Mount Pleasant Memorial Waterfront Park
  8. Isle of Palms
  9. Pitt Street Bridge
  10. Alhambra Hall 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 Mount Pleasant, South Carolina‘s Airbnb Data
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