Last updated on April 30th, 2024
Soap Lake, Washington| Airbnb Market Data & Overview | USA
Soap Lake, Washington
Airbnb Market Data & Overview
USA
Is it profitable to do Airbnb in Soap Lake, Washington, USA?
What is the occupancy rate of Airbnb in Soap Lake, Washington,
USA?
What is the average daily rate of Airbnb in Soap Lake, Washington,
USA?
Soap Lake, Washington, USA Airbnb Data
Last updated on: 30th April, 2024
USA / Soap Lake, 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
Soap Lake, Washington is good for Airbnb.
Yes, it’s profitable to Airbnb
because the average net rental yield for a
one-bedroom property is
14.6%.
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 Soap Lake, Washington is booked for
88 nights a year, with a median
occupancy rate of 24% and an average
daily rate of $208. In Soap Lake, Washington, A typical
host income (annual revenue) was
$21,896 in 2023.
Best Areas in
Soap Lake for
Airbnb
Are you wondering where to invest in Soap Lake? 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. 🚀
- Soap Lake State Park
- Dry Falls
- Grand Coulee Dam
- Steamboat Rock State Park
- Sun Lakes-Dry Falls State Park
- Wild Horse Monument
- Ginkgo Petrified Forest State Park
- Lake Lenore Caves State Park
- Larson Recreation Area
- Sun Lakes State 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?
Signup and check out more in-depth
vacation rental data for free.
Explore
Soap Lake, Washington‘s Airbnb Data
⟶
