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Patchogue, New York
Airbnb Market Statistics & Data
USA

Is it profitable to do Airbnb in Patchogue, New York, USA?

What is the occupancy rate of Airbnb in Patchogue, New York, USA?

What is the average daily rate of Airbnb in Patchogue, New York, USA?


Last updated on: 15th May, 2024



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USA / New york / Patchogue, New York
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 Patchogue, New York is good for Airbnb.
Best Airbnb Markets in USA ⟶
Occupancy Rate

69%

$257

Daily Rate

$37K+

Revenue (2023)

6.9%

Net Yield

20

Number of Listings
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Is Airbnb Profitable in Patchogue, New York ?

Maybe, it's profitable to Airbnb because the average net rental yield for a one-bedroom property is 6.9%.
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 Patchogue, New York is booked for 182 nights a year, with a median occupancy rate of 50% and an average daily rate of $142. In Patchogue, New York, A typical host income (annual revenue) was $26,388 in 2023.

Best Areas in Patchogue for Airbnb

Are you wondering where to invest in Patchogue? 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. Fire Island National Seashore
  2. Blue Point Brewing Company
  3. Swan Lake Beach
  4. Patchogue Theatre for the Performing Arts
  5. Shorefront Park
  6. Billie's 1890 Saloon
  7. The Emporium
  8. Alive After Five
  9. Mascot Dock
  10. Blue Point Oysters
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 Patchogue, New York's Airbnb Data ⟶
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