Walnut Creek, California| Airbnb Market Data & Overview | USA
Walnut Creek, California Airbnb Market Data & Overview USA
Is it profitable to do Airbnb in Walnut Creek, California, USA?
What is the occupancy rate of Airbnb in Walnut Creek, California,
USA?
What is the average daily rate of Airbnb in Walnut Creek, California,
USA?
Walnut Creek, California, USA Airbnb Data
Last updated on: 5th May, 2024
USA / Walnut Creek, 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
Walnut Creek, California is good for Airbnb.
No, it’s not profitable to Airbnb
because the average net rental yield for a
one-bedroom property is
4.8%.
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 Walnut Creek, California is booked for
274 nights a year, with a median
occupancy rate of 75% and an average
daily rate of $141. In Walnut Creek, California, A typical
host income (annual revenue) was
$36,294 in 2023.
Best Areas in
Walnut Creek for
Airbnb
Are you wondering where to invest in Walnut Creek? 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. 🚀
Broadway Plaza
Heather Farm Park
Mount Diablo State Park
Lesher Center for the Arts
The Ruth Bancroft Garden
Castle Rock Park
Shadelands Ranch Museum
Lindsay Wildlife Experience
Diablo Foothills Regional Park
Walnut Creek Farmers’ Market
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.