Shingle Springs, California
Airbnb Market Data & Overview
USA

Is it profitable to do Airbnb in Shingle Springs, California, USA?

What is the occupancy rate of Airbnb in Shingle Springs, California, USA?

What is the average daily rate of Airbnb in Shingle Springs, California, USA?

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Shingle Springs, California, USA Airbnb Data

Last updated on: 15th May, 2024

USA / California / Shingle Springs, California
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 Shingle Springs, California is good for Airbnb.
Occupancy Rate

40%

$161

Daily Rate

$28K+

Revenue (2023)

3.6%

Net Yield

9

Number of Listings
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Is Airbnb Profitable in Shingle Springs, California ?

No, it's not profitable to Airbnb because the average net rental yield for a one-bedroom property is 3.6%.
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 Shingle Springs, California is booked for 146 nights a year, with a median occupancy rate of 40% and an average daily rate of $144. In Shingle Springs, California, A typical host income (annual revenue) was $23,110 in 2023.

Best Areas in Shingle Springs for Airbnb

Are you wondering where to invest in Shingle Springs? 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. Red Hawk Casino
  2. Cameron Park Lake
  3. El Dorado National Forest
  4. Apple Hill
  5. Gold Hill Vineyard & Brewery
  6. Boeger Winery
  7. Placerville Speedway
  8. South Lake Tahoe
  9. Folsom Lake State Recreation Area
  10. Sly Park Recreation Area
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 Shingle Springs, California's Airbnb Data
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