🏠 9 best short term rental opportunities | July 29, 2024

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This 3 bedroom cabin with stunning mountain views is priced at $599,000.

It’s featured in the Pro version of today’s newsletter.

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"ME, YOU, AND THE VIEW" in Lake Lure is for sale.   This perfect little cabin is located in Riverbend at Lake Lure and may be just what you are looking for!  INCREDIBLE VIEWS, mature trees, access to two small lakes, and the Rocky Broad River.  2 bedrooms, 1 bath with an unfinished lower level perfect if you wish to add additional living/recreational spaces.  The cabin offers high ceilings and a cozy gas stove/looks like a wood-burning stove in the living area, a nice deck, and a side yard featuring a horseshoe pit. Shaded parking and much more.  This cabin is currently on a Vacation Rental Program with Carolina Properties in Lake Lure. All appliances and furnishings stay with the home including a canoe and kayak to enjoy on Mirror Lake.

  • $405,000

  • 2 Bedrooms, 1 Bathrooms

  • Average Daily Rate: $244

  • Expected occupancy rate: 56%

  • Monthly expected income: $4,156

  • Monthly expected expenses: $3,129

  • Monthly expected cash flow: $1,027

  • Expected cash on cash return: 12.1%

Open, airy, and inviting. This fully furnished home is move-in ready with breathtaking views of the Tennessee hills, centrally located between Hurricane Marina and Hidden Harbor, and a short drive to quaint downtown Smithville's restaurants and shops. With three levels of decking on each level, a sunroom, an open level main living space, and a bonus and game room, there is room to spread out for everyone. Walk to the water! Great for paddle boarding or canoeing. With almost an acre, this home is surrounded by trees and completely private. Want even more privacy? Seller owns two adjacent lots (parcel numbers 14 and 15) to this property (power, internet, and water available at the street; each about an acre) that can be negotiated as part of the sale. This home has been a perfect second home and was also used as a part-time, short-term rental as a five-star Guest Favorite on AirBnB. All rental history is available upon request.

  • $675,000

  • 4 Bedrooms, 3 Bathrooms

  • Average Daily Rate: $323

  • Expected occupancy rate: 59%

  • Monthly expected income: $5,797

  • Monthly expected expenses: $4,860

  • Monthly expected cash flow: $937

  • Expected cash on cash return: 6.6%

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