🏠 12 best short term rental opportunities | September 19, 2024

GA, MT, TX, PA, OH, NC, CO, MO, GA, SC, OK, NY

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This lakefront chalet leads down to a private dock, 2 bedrooms, fully furnished, $569k.

It’s featured, along with 11 other awesome properties in the full version of today’s newsletter. (Pro)

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This is a rare opportunity to own a top-performing STR in one of Texas's most sought-after vacation destinations. Whether you're looking to continue the property's success as a vacation rental or make it your personal lake retreat, Firefly Cottage offers the perfect mix of income potential and hill country living.     Firefly Cottage is a immaculate and perfectly maintained lake house nestled in the heart of Texas Hill Country, offering views of Canyon Lake from the upstairs deck and primary suite. This property has proven to be an extremely successful short-term rental (STR) and is perfect for those looking to invest in a business-ready, turnkey vacation rental. With sellers willing to negotiate turnkey options, including the possibility of conveying future reservations and furnishings, new owners can seamlessly take over and begin cash-flowing almost immediately.    This beautifully designed home is perfect for entertaining, both indoors and out. The spacious game room, hot tub, and expansive backyard with an outdoor fire pit make it an ideal spot for guests or residents to relax and enjoy the scenic surroundings. The large, well-lit outdoor area includes boat parking, an EV charger, and plenty of space for gatherings. Inside, the home offers a perfect blend of modern comforts and rustic charm, with an inviting kitchen and living spaces designed for both relaxation and fun.    Firefly Cottage is ideally located just minutes from Canyon Lake's boat ramps, local restaurants, and numerous Hill Country attractions, including Whitewater Amphitheater, Gruene Historic District, and Schlitterbahn. The property's proximity to New Braunfels and San Marcos adds even more value, making it a prime destination for guests year-round.  Don't miss this chance to close on a profitable property and start earning from day one!

  • $569,000

  • 3 Bedrooms, 3 Bathrooms

  • Average Daily Rate: $292

  • Expected occupancy rate: 61%

  • Monthly expected income: $5,418

  • Monthly expected expenses: $4,674

  • Monthly expected cash flow: $744

  • Expected cash on cash return: 6.2%

This is the epitome of a cozy cabin in the mountains. The main level has a living area and a well appointed kitchen and dining space separated by a stone faced, double sided, wood burning fireplace. You can enjoy a crackling fire from almost anywhere in the cabin. The flooring is wood grain tile for easy maintenance and upkeep. The main level also has a roomy bedroom and a full bath accessible from the living area and the bedroom. The upper level has a lovely loft, the perfect home office space or quiet place to relax. The primary suite is also on this level with a private half bath. The rich, beautiful wood ceilings and beams add to the cabin ambiance. But, the outdoor space is the true charm. The 3.2 acres is fully fenced so the kids can play safely and the pets can run free. A covered, wrap around deck encircles the cabin with another uncovered deck area to enjoy the abundant sunshine and stunning mountain views. One set of stairs leads down to a patio for grilling and entertaining, and another leads up to the upper deck off the primary suite upstairs which is accessible from the main level and through sliding glass doors in the bedroom. There is a large crawl space with outside access, and across the driveway is a shed for extra storage. This place feels so private and secluded, yet with year round access on county maintained roads you can head off to any mountain adventure you would like. Hiking, biking, Gold Medal fishing, skiing, and rafting are all within reach. This would be the perfect starter home, vacation cabin, or short term rental.

  • $457,000

  • 2 Bedrooms, 2 Bathrooms

  • Average Daily Rate: $256

  • Expected occupancy rate: 59%

  • Monthly expected income: $4,594

  • Monthly expected expenses: $3,573

  • Monthly expected cash flow: $1,022

  • Expected cash on cash return: 10.7%

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