๐Ÿ  12 best short term rental opportunities | March 2, 2024

VA, NC, ID, CO, CO, ME, FL, AZ, MO, TN, NC, TX

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This $390k high performing STR was featured on HGTV and is now featured in the Pro version of this newsletter.

๐Ÿ“ˆย Community Perks via The Offer Sheet

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Beautiful Log Home in Premier Location-just off US 340 between Luray and Front Royal, in the highly desirable South Fork Ranches subdivision, with community access to the Shenandoah River only 1 mile from the house. Situated on 5 peaceful wooded acres, the property is approximately 90 minutes from Washington DC, 15 minutes from Front Royal and the northern entrance to the Shenandoah National Park/Skyline Drive, and 15 minutes from the charming town of Luray, VA. This home was featured in Log Home Living Magazine as a great floorplan for "hosting crowds of family and friends."ย  Including 3 Bedrooms, 3 Full Baths, Eat in Kitchen, Main floor Living Room, Sitting room on the upper floor, Family Room in the lower/basement, Laundry Room, Utility Room, Front Porch, Wrap Around Rear Deck PLUS a Screened Gazebo. Main floor Primary Bedroom opens out to the back deck and has it's own private bath. The Living Room boasts a Scandinavian Wood Burning Stove with soap stone surround, which is an excellent backup heat source and provides cozy ambiance as you gaze out the floor to ceiling windows, taking in the mountain views.ย  In the evenings, enjoy a campfire and roast marshmallows by the stone firepit. Plenty of parking, including a large 16'x 48' log detached garage, with automatic door and room for a workshop or extra storage. Perfect full time home, weekend retreat, or short term rental. The house is being sold furnished, so you can begin vacationing or renting ASAP!ย  Launch your canoe/kayak at the community boat ramp, or simply swim, fish, or float. This unique neighborhood has two boat ramps on either side of the river bend, perfect for a roughly 2 hour tube float downriver, all while staying within 1 mile of the house.ย  Showing appointments can be made starting Saturday, March 16th.

  • $537,000

  • 3 Bedrooms, 3 Bathrooms

  • Average Daily Rate: $319

  • Expected occupancy rate: 68%

  • Monthly expected income: $6,598

  • Monthly expected expenses: $4,499

  • Monthly expected cash flow: $2,099

  • Expected cash on cash return: 17.1%

Welcome to your slice of paradise! This stunning mid-century modern waterfront retreat boasts 3 bedrooms and 2.5 bathrooms, offering the perfect blend of luxury and tranquility. The main living space features ample windows, vaulted ceilings, and wooden beams providing a bright and warm atmosphere. Watch for dolphins and birds out the windows or enjoy cozy evenings spent by the wood-burning fireplace. The property is easy to keep an eye on, even while away, with a Ring doorbell and Nest thermostats. On the ground floor, a second kitchen, sunroom, and flex room allow for even more space to spread out. A charming wood-burning stove adds a touch of rustic elegance, perfect for those chilly nights. And let's not forget the added bonus - should you choose to keep it as a rental, this property is income-generating, providing you with a fantastic opportunity to turn your dream retreat into a lucrative investment. Shell Landing also offers a neighborhood boat ramp, making it easy to get on the water and enjoy a day out at the Cape. Embrace the waterfront lifestyle and make this remarkable property yours today!

  • $699,000

  • 3 Bedrooms, 3 Bathrooms

  • Average Daily Rate: $394

  • Expected occupancy rate: 61%

  • Monthly expected income: $7,310

  • Monthly expected expenses: $5,285

  • Monthly expected cash flow: $2,025

  • Expected cash on cash return: 12.9%

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