Ocean Park, Washington
Airbnb Market Statistics & Data
USA

Is it profitable to do Airbnb in Ocean Park, Washington, USA?

What is the occupancy rate of Airbnb in Ocean Park, Washington, USA?

What is the average daily rate of Airbnb in Ocean Park, Washington, USA?


Last updated on: 15th May, 2024



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USA / Washington / Ocean Park, Washington
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 Ocean Park, Washington is good for Airbnb.
Occupancy Rate

43%

$170

Daily Rate

$29K+

Revenue (2023)

3.0%

Net Yield

39

Number of Listings
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Is Airbnb Profitable in Ocean Park, Washington ?

No, it's not profitable to Airbnb because the average net rental yield for a one-bedroom property is 3.0%.
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 Ocean Park, Washington is booked for 117 nights a year, with a median occupancy rate of 32% and an average daily rate of $91. In Ocean Park, Washington, A typical host income (annual revenue) was $10,657 in 2023.

Best Areas in Ocean Park for Airbnb

Are you wondering where to invest in Ocean 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. 🚀
  1. Long Beach
  2. Seaview
  3. Ilwaco
  4. Cape Disappointment State Park
  5. North Head Lighthouse
  6. Marsh's Free Museum
  7. Lewis and Clark National Historical Park
  8. Astoria Column
  9. Fort Columbia State Park
  10. Astoria Riverfront Trolley
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 Ocean Park, Washington's Airbnb Data
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