HomeStakes Top Property Picks June 4
Welcome to this week's exclusive list of some of the most lucrative vacation rental properties across the country! This week we dive into properties across Georgia, Florida, and Tennessee that stand out as short-term rentals.
For those new to our lists, or who need a refresher on our criteria and terms used in our lists, please review our post covering HomeStakes Top Property Lists. Here, you'll find all the details on how we break these lists down to the key criteria we are evaluating and why.
This list is designed to save you time and stress when navigating the vacation rental property market, and ultimately make your next investment decision easier and faster. Our team of experts has carefully curated this weekly list based on criteria such as estimated revenue, occupancy rate, daily rate, and all other crucial factors that contribute to a property's success.
If you are not looking to currently buy investment properties, you can learn more about real estate investing with our other FREE resources HERE.
Dive into our top properties of the week and discover what makes them stand out in the vacation rental market. Equip yourself with the knowledge you need to make informed decisions and excel in your vacation rental property investment journey!
Savannah, Georgia Vacation Homes
1214 E 37th St, Savannah, GA 31404
List Price: $409,500
Accommodations: 3 Bed / 2 Bath - 1,350 SF on 3,598 sqft lot
Total estimated revenue: $51,689
Occupancy rate: 61%
Daily rate: $232
NOI: $31,289
Location: B+
Property Summary: This charming 3-bedroom, 2-bathroom brick home, built in 1930, features original hardwood floors. The custom tile front porch with two swings is great for relaxing. Inside, the open kitchen has granite countertops and custom cabinets. The living area has a decorative fireplace. The guest bath includes a beautiful clawfoot tub. Outside, the fenced backyard is perfect for kids or pets, and there's a storage shed. Recent upgrades include a new tankless water heater, roof, and HVAC system.
Notes: The interior of the house is in perfect turnkey condition, while the exterior requires only minor mowing at a minimal cost, and the property is conveniently located near schools, cafes, parks, restaurants, shopping areas, and is just 26 minutes away from Savannah/Hilton Head International Airport.
634 E 55th St, Savannah, GA 31405
List Price: $499,000
Accommodations: 3 Bed / 2 Bath - 1,898 SF on 6,316 sqft lot
Total estimated revenue: $44,892
Occupancy rate: 51%
Daily rate: $241
NOI: $25,376
Location: A-
Property Summary: This 3-bedroom, 2-bathroom home, built in 1953, features a renovated kitchen with granite countertops, custom cabinets, and stainless steel appliances. The downstairs has refinished hardwood floors, crown molding, and two light-filled bedrooms with a custom shower and heated tile floors in the hall bath. The converted attic upstairs offers a spacious bedroom with a sitting area, double vanities, and a whirlpool tub. Outside, there's a fenced backyard with a courtyard, brick patio, and a porch attached to a detached single-car garage.
Notes: The interior and exterior of the house are in perfect turnkey condition and well-maintained, and the property is conveniently located near Hull Park, restaurants, shopping areas, cafes, markets, and is zoned for Jacob G. Smith Elementary and other schools.
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