Is it profitable to do Airbnb in Toledo, Ohio, USA?
What is the occupancy rate of Airbnb in Toledo, Ohio,
USA?
What is the average daily rate of Airbnb in Toledo, Ohio,
USA?
Toledo, Ohio, USA Airbnb Data
Last updated on: 5th May, 2024
USA / Toledo, Ohio
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
Toledo, Ohio is good for Airbnb.
Yes, it’s profitable to Airbnb
because the average net rental yield for a
one-bedroom property is
19.9%.
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 Toledo, Ohio is booked for
190 nights a year, with a median
occupancy rate of 52% and an average
daily rate of $82. In Toledo, Ohio, A typical
host income (annual revenue) was
$18,114 in 2023.
Best Areas in
Toledo for
Airbnb
Are you wondering where to invest in Toledo? 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. 🚀
Downtown Toledo
Toledo Zoo
Imagination Station
Toledo Museum of Art
Hollywood Casino Toledo
Toledo Botanical Garden
Maumee Bay State Park
The Valentine Theatre
Oak Openings Preserve Metropark
National Museum of the Great 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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vacation rental data for free.