Rock Island, Illinois| Airbnb Market Data & Overview | USA
Rock Island, Illinois Airbnb Market Data & Overview USA
Is it profitable to do Airbnb in Rock Island, Illinois, USA?
What is the occupancy rate of Airbnb in Rock Island, Illinois,
USA?
What is the average daily rate of Airbnb in Rock Island, Illinois,
USA?
Rock Island, Illinois, USA Airbnb Data
Last updated on: 5th May, 2024
USA / Rock Island, Illinois
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
Rock Island, Illinois is good for Airbnb.
Yes, it’s profitable to Airbnb
because the average net rental yield for a
one-bedroom property is
20.7%.
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 Rock Island, Illinois is booked for
241 nights a year, with a median
occupancy rate of 66% and an average
daily rate of $74. In Rock Island, Illinois, A typical
host income (annual revenue) was
$15,316 in 2023.
Best Areas in
Rock Island for
Airbnb
Are you wondering where to invest in Rock Island? 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. 🚀
Rock Island Arsenal Museum
Augustana College
Black Hawk State Historic Site
Quad City Botanical Center
Niabi Zoo
Sunderbruch Park
Credit Island
Channel Cat Water Taxi
Isle Casino Hotel Bettendorf
Vander Veer Botanical 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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vacation rental data for free.