HomeStakes Top Property Picks August 6
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, Arizona, and Tennessee that stand out as short-term rental markets.
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.
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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
939 Mill Stream Ct, Savannah, GA 31419
List Price: $329,000
Accommodations: 3 Bed / 2 Bath - 1,569 SF on 0.43 Acres lot
Total estimated revenue: $55,663
Occupancy rate: 60%
Daily rate: $254
NOI: $34,746
Location: A
Property Summary: 3 beds, 2 baths, built in 1986. Vaulted ceiling with exposed beams and a cozy brick fireplace in the living room. Spacious formal dining room, kitchen, and separate breakfast room. The owner's suite includes a large bedroom, walk-in closet, and en suite bath with double vanities. Two additional guest bedrooms, a guest bath with double sinks, a huge laundry room, and ample storage. Oversized 2-car garage. New carpet and paint. Corner lot with mature landscaping and a fenced yard.
Notes: The interior and exterior are in excellent turn-key condition, and the property offers easy access to Coffee Bluff Marina, Truman Parkway, I-95, and I-16, with a short drive to historic downtown Savannah. It is also conveniently located near Memorial Health University Physicians Primary Care, various schools, restaurants, grocery stores, markets, and parks. Additionally, it is 29 minutes from Savannah/Hilton Head International Airport, just 2 minutes from Savannah Fire Station 10, and close to many other amenities.
917 E 39th St, Savannah, GA 31401
List Price: $549,000
Accommodations: 3 Bed / 3 Bath - 1,612 SF on 3,310 sqft lot
Total estimated revenue: $74,005
Occupancy rate: 66%
Daily rate: $307
NOI: $50,704
Location: A
Property Summary: 3 beds, 2 baths, built in 2021. This Greg Hall home has a kitchen with quartz countertops and stainless appliances, open to the living room/den and dining room on the ground level. Upstairs, there is a large primary bedroom suite and 2 guest rooms sharing a bathroom. The home features two off-street parking spaces, a front yard, a fully fenced back courtyard with fruit trees, raised gardens, and an artist studio/shed with power. It has plantation shutters, a stunning French door to the fenced area, and a spray-foamed attic. All appliances, systems, and the roof are like new.
Notes: The interior and exterior are both in excellent turn-key condition, and the property is just steps away from Daffin Park and some of the hottest growth areas in town. It is conveniently located near Memorial Health University Physicians Primary Care, as well as various schools, restaurants, grocery stores, markets, and parks. Additionally, it is 22 minutes from Savannah/Hilton Head International Airport, 17 minutes from Savannah Fire Station 10, and close to many other amenities.
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