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Annual Airbnb Revenue in Port townsend washington, USA

Last updated on May 9th, 2024

Port Townsend, Washington| Airbnb Market Data & Overview | USA

Port Townsend, Washington
Airbnb Market Data & Overview
USA

Is it profitable to do Airbnb in Port Townsend, Washington, USA?

What is the occupancy rate of Airbnb in Port Townsend, Washington, USA?

What is the average daily rate of Airbnb in Port Townsend, Washington, USA?

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Port Townsend, Washington, USA Airbnb Data

Last updated on: 5th May, 2024

USA / Port Townsend, 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 Port Townsend, Washington is good for Airbnb.
Occupancy Rate

72%

$162

Daily Rate

$41K+

Revenue (2023)

5.5%

Net Yield

77

Number of Listings

Is Airbnb Profitable in Port Townsend, Washington ?

No, it’s not profitable to Airbnb because the average net rental yield for a one-bedroom property is 5.5%.
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 Port Townsend, Washington is booked for 358 nights a year, with a median occupancy rate of 98% and an average daily rate of $148. In Port Townsend, Washington, A typical host income (annual revenue) was $41,245 in 2023.

Best Areas in Port Townsend for Airbnb

Are you wondering where to invest in Port Townsend? 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. Fort Worden State Park
  2. Point Hudson Marina & RV Park
  3. Port Townsend Marine Science Center
  4. Jefferson Museum of Art & History
  5. Chetzemoka Park
  6. Point Wilson Lighthouse
  7. North Beach Park
  8. Elevated Ice Cream Co.
  9. Port Townsend Aero Museum
  10. Key City Public Theatre
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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