HomeStakes Top Property Picks May 7

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 Tennessee, California, and Louisiana 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!

Nashville, Tennessee Vacation Homes

2210 Fernwood Dr, Nashville, TN 37216

List Price: $524,900
Accommodations: 3 Bed / 2 Bath - 1,950 SF on 10,454 sqft lot
Total estimated revenue: $$60,082
Occupancy rate: 47%
Daily rate: $350
NOI: $$38,591
Location: B+
Property Summary: This house has 3 bedrooms, 2 bathrooms, and was built in 1950. It's great for hosting parties, with big trees, lots of parking, two kitchens, and a big covered patio in the fenced backyard! It also has a nice front porch, hardwood floors, brick walls, updated bathrooms, and a big main bedroom. There's a big attic with electricity and plumbing, and a basement with electricity too, so you could make more space or just use it for storage.
Notes: The interior of the property is in impeccable, move-in ready condition, while the exterior simply requires some minor mowing, which would incur minimal cost; additionally, there is potential to enhance the backyard with entertainment features to enhance its liveliness; situated conveniently close to schools, restaurants, shopping centers, parks, and golf courses, and with the added benefit of being less than a 20-minute drive to Nashville Airport and only 15 minutes away from the vibrant attractions and amenities of downtown Nashville.

3752 Turley Dr, Nashville, TN 37211

List Price: $425,000
Accommodations: 3 Bed / 2 Bath - 1,605 SF on 0.45 Acres lot
Total estimated revenue: $52,960
Occupancy rate: 57%
Daily rate: $250
NOI: $32,395
Location: A
Property Summary: This house has 3 bedrooms and 2 bathrooms, built in 1963. It has a new roof, HVAC system, and hot water heater. There's also a brand new kitchen for cooking, luxury wood plank flooring all over, and a renovated bathroom. Plus, it has three living rooms and a big new deck outside. And there's a huge garage for four cars.
Notes: The interior of the property is in excellent, ready-to-move-in condition, with the option to further enhance its beauty by adding additional furnishings; while the exterior requires some minor mowing and landscaping particularly in the front area; conveniently located just 7 minutes away from the Nashville airport, 10 minutes from Downtown Nashville, and 10 minutes from Brentwood, boasting a vast private backyard and situated in close proximity to schools, restaurants, shopping centers, markets, and even a zoo.

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