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Annual Airbnb Revenue in Parsons kansas, USA

Last updated on April 30th, 2024

Parsons, Kansas| Airbnb Market Data & Overview | USA

Parsons, Kansas
Airbnb Market Data & Overview
USA

Is it profitable to do Airbnb in Parsons, Kansas, USA?

What is the occupancy rate of Airbnb in Parsons, Kansas, USA?

What is the average daily rate of Airbnb in Parsons, Kansas, USA?

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Parsons, Kansas, USA Airbnb Data

Last updated on: 30th April, 2024

USA / Parsons, Kansas
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 Parsons, Kansas is good for Airbnb.
Occupancy Rate

40%

$95

Daily Rate

$14K+

Revenue (2023)

21.1%

Net Yield

10

Number of Listings

Is Airbnb Profitable in Parsons, Kansas ?

Yes, it’s profitable to Airbnb because the average net rental yield for a one-bedroom property is 21.1%.
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 Parsons, Kansas is booked for 124 nights a year, with a median occupancy rate of 34% and an average daily rate of $91. In Parsons, Kansas, A typical host income (annual revenue) was $12,332 in 2023.

Best Areas in Parsons for Airbnb

Are you wondering where to invest in Parsons? 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. Labette County Fairgrounds
  2. Labette Community College
  3. Forrest Smith Softball Complex
  4. Big Hill Lake
  5. Parsons State Hospital and Training Center
  6. Parsons Historical Museum
  7. Marvel Park
  8. Ozark Trail
  9. Tristate Raceway
  10. Deep Ford 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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