Woodstock, Illinois| Airbnb Market Data & Overview | USA
Woodstock, Illinois Airbnb Market Data & Overview USA
Is it profitable to do Airbnb in Woodstock, Illinois, USA?
What is the occupancy rate of Airbnb in Woodstock, Illinois,
USA?
What is the average daily rate of Airbnb in Woodstock, Illinois,
USA?
Woodstock, Illinois, USA Airbnb Data
Last updated on: 5th May, 2024
USA / Woodstock, Illinois
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
Woodstock, Illinois is good for Airbnb.
Yes, it’s profitable to Airbnb
because the average net rental yield for a
one-bedroom property is
20.7%.
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 Woodstock, Illinois is booked for
307 nights a year, with a median
occupancy rate of 84% and an average
daily rate of $120. In Woodstock, Illinois, A typical
host income (annual revenue) was
$35,970 in 2023.
Best Areas in
Woodstock for
Airbnb
Are you wondering where to invest in Woodstock? 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. 🚀
Woodstock Square Historic District
Emricson Park
Woodstock Opera House
Olson’s Ace Hardware
Village Squire Restaurant & Pub
Heritage Fair
Old Courthouse Arts Center
Crystal Lake Park District
Olson’s Ace Hardware
Woodstock Farmer’s 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.
