If you want to make the best real estate investments in Airbnb rental properties, you’re in the right place. Continue reading to find out what the most profitable Airbnb locations are this summer.
Airbnb investments have gotten quite popular in the real estate market, especially in the summer of 2018. To take part in what could be the best real estate investing move of your career, you’re going to have to first know where to invest. Real estate investors all around know how important of a role location takes on in real estate investing. Whether you’re investing in traditional rentals or Airbnb rentals, location is always key.
Related: Four Things to Consider Before Purchasing an Airbnb Investment Property
Buying an investment property in one area could make for a very profitable investment, whereas buying a very similar property in a different area could flop. Of course, location isn’t the only determining factor when it comes to making a successful real estate investment, but it’s definitely something to consider. So let’s get straight into it- below is a list of the most profitable Airbnb locations this summer.
Most Profitable Airbnb Locations in the Summer of 2018
The best Airbnb locations are usually those with high tourism and travel rates. Regions in which a lot of people vacation in are always a great location for owning vacation rentals. However, it doesn’t necessarily always need to be a beachside location for it to be one of the most profitable Airbnb locations this summer. For more on the best when it comes to Airbnb investments, check out the following blogs:
- The 6 Best Cities for Airbnb Investment
- 10 Most Profitable Airbnb Locations for Cash on Cash Return
- Best Cities for Airbnb Occupancy Rates
The following list contains the four locations in which you should buy a vacation home. All data is provided by Mashvisor’s rental property calculator.
- Median Property Price: $426,796
- Monthly Airbnb Rental Income: $3,656
- Airbnb Cap Rate: 5.38%
- Airbnb Cash on Cash Return: 5.38%
- Airbnb Occupancy Rate: 52.36%
Nashville is one of the hottest real estate markets this year. It’s no surprise it’s the first to be mentioned as one of the most profitable Airbnb locations this summer. It’s a great move for real estate investors because unlike many cities, Nashville already has a legal framework in place for the short-term rental market. Renting out on Airbnb here could prove to be quite profitable. The area attracts millions of tourists each year for its cultural downtown scene, which is rich in musical history and events. Here’s the neighborhood with the highest Airbnb return on investment in Nashville according to Mashvisor’s data.
- Median Property Price: $345,000
- Monthly Airbnb Rental Income: $6,013
- Airbnb Cap Rate: 12.01%
- Airbnb Cash on Cash Return: 12.01%
- Airbnb Occupancy Rate: 63.28%
To start your search for investment properties in Nashville, click here.
Joshua Tree, CA
- Median Property Price: $281,319
- Monthly Airbnb Rental Income: $2,588
- Airbnb Cap Rate: 6.71%
- Airbnb Cash on Cash Return: 6.71%
- Airbnb Occupancy Rate: 55.57%
This is a popular weekend destination for hikers, rock climbers and other visitors to the Joshua Tree National Park. Investing in vacation rentals and taking on the role of Airbnb host is a great move for real estate investors interested in the high desert community.
To start your search for investment properties in Joshua Tree, click here.
Related: Investing in Joshua Tree Real Estate: An Unexpectedly Good Opportunity
Gulf Shores, AL
- Median Property Price: $379,705
- Monthly Airbnb Rental Income: $3,041
- Airbnb Cap Rate: 4.2%
- Airbnb Cash on Cash Return: 4.2%
- Airbnb Occupancy Rate: 54.37%
According to LiveGulfShoresLocal, there are about 6 million people who go to the beaches in lower Alabama every year. All these visitors need a place to stay making it a great opportunity for Airbnb property owners. The love for the beach is what makes Gulf Shores one of the most profitable Airbnb locations in the summer.
To start your search for investment properties in Gulf Shores, click here.
Key West, FL
- Median Property Price: $1,065,361
- Monthly Airbnb Rental Income: $8,617
- Airbnb Cap Rate: 7.56%
- Airbnb Cash on Cash Return: 7.56%
Key West is currently one of the hottest tourist destinations in the world. Rental demand isn’t just high in the summer, it’s all year round. This tropical paradise attracts many visitors. This is great news for Airbnb investors looking to make a profit. Hosting all these tourists is a great opportunity that shouldn’t be missed. According to Airdna, Key West Airbnb rentals currently have an occupancy rate of 80%. I think you can agree with us when we say Key West is definitely one of the most profitable Airbnb locations to invest in this summer.
To start your search for investment properties in Key West, click here.
Related: What Kind of Airbnb Occupancy Rate Can You Expect?
The Most Profitable Airbnb Locations- How to Find Them
We’ve mentioned a couple of top-performing locations for Airbnb real estate investments. However, if you’re interested in doing some more research on Airbnb properties in a specific location, there’s an amazing tool you can use. The key tool for any short-term real estate investor is the Airbnb profitability calculator. It functions just like any other investment property calculator, but with a focus on Airbnb real estate properties.
Related: How to Determine the Profitability of Real Estate Investments
With the help of the Airbnb profit calculator, there is no need to conduct a real estate market analysis. This digital tool does all the work for you. All you need to do is plug in the costs associated with the particular Airbnb investment property. The calculator will find out everything you need to know. It’s as simple as that. Quick and easy.
So where can you find this amazing tool? Mashvisor offers one that’s great because it doesn’t just conduct a full investment property analysis on short-term rentals. Mashvisor’s tool works for both Airbnb rentals and traditional rentals. It uses past real estate analytics and rental comps to determine future market trends. These predicted real estate market trends are what steer you in the direction of the most profitable Airbnb locations. To learn more about how we will help you make faster and smarter real estate investment decisions, click here.