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Annual Airbnb Revenue in Simpsonville south carolina, USA

Last updated on April 30th, 2024

Simpsonville, South Carolina| Airbnb Market Data & Overview | USA

Simpsonville, South Carolina
Airbnb Market Data & Overview
USA

Is it profitable to do Airbnb in Simpsonville, South Carolina, USA?

What is the occupancy rate of Airbnb in Simpsonville, South Carolina, USA?

What is the average daily rate of Airbnb in Simpsonville, South Carolina, USA?

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Simpsonville, South Carolina, USA Airbnb Data

Last updated on: 30th April, 2024

USA / Simpsonville, South Carolina
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 Simpsonville, South Carolina is good for Airbnb.
Occupancy Rate

63%

$109

Daily Rate

$25K+

Revenue (2023)

7.7%

Net Yield

40

Number of Listings

Is Airbnb Profitable in Simpsonville, South Carolina ?

Maybe, it’s profitable to Airbnb because the average net rental yield for a one-bedroom property is 7.7%.
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 Simpsonville, South Carolina is booked for 223 nights a year, with a median occupancy rate of 61% and an average daily rate of $84. In Simpsonville, South Carolina, A typical host income (annual revenue) was $20,224 in 2023.

Best Areas in Simpsonville for Airbnb

Are you wondering where to invest in Simpsonville? 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. Simpsonville Village Green
  2. Heritage Park
  3. Downtown Simpsonville
  4. Discovery Island Waterpark
  5. Golden Park
  6. Gourds, Etc.
  7. Simpsonville City Park
  8. Glendale Shoals
  9. Enoree River Vineyards
  10. Cannon’s Fishing Lakes
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 Simpsonville, South Carolina‘s Airbnb Data
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