💰 $61K Revenue on This $394K Joshua Tree STR
🌵 $394K for a turnkey 3BR with ~15.5% gross rental yield, a private hot tub, game room + desert views.
Alex Veytsman
September 20, 2026
🌵 $61K Revenue on a $394K Turnkey Joshua Tree STR
💰 Joshua Tree, CA • $394K • ~$61K 2025 Gross Revenue • ~15.5% Gross Rental Yield • 3BR/2BA • Hot Tub • Game Room • Desert Views • Fully Furnished + Turnkey
📩 Interested?
🌵 A Proven Joshua Tree STR for Under $400K
Joshua Tree STRs can get expensive quickly—especially once you start looking for properties that already have the design, amenities and operating history in place.
This one is asking just $394,000 and reportedly generated:
$61,000 in Gross Rental Revenue in 2025
That works out to approximately a:
15.5% Gross Revenue-to-Price Ratio
And the property isn't a blank slate.
It's being sold fully furnished and turnkey, with a hot tub, game room, multiple outdoor levels and wilderness views already incorporated into the guest experience.
The listing also reports $41K in 2026 year-to-date revenue, though the exact period covered by that figure isn't specified and buyers should confirm the revenue records.
🏡 The Asset
61470 Granada Dr, Joshua Tree, CA 92252
💰 Price: $394,000
💵 2025 Gross Revenue: ~$61,000
📊 Gross Revenue / Price: ~15.5%
🔢 Price / 2025 Gross Revenue: ~6.5x
📈 2026 YTD Revenue: ~$41,000 per Listing
🛏️ 3 Bedrooms
🚿 2 Bathrooms
📐 1,098 Sq Ft
🌵 Desert + Wilderness Views
♨️ Private Hot Tub
🕹️ Garage Converted to Game Room
🌄 Multi-Level Backyard
☀️ Shaded Rear Porch
🛋️ Fully Furnished
🔑 Turnkey STR
💰 The Investment Case
The appeal starts with the acquisition basis.
At $394K, this is an opportunity to get into an established Joshua Tree STR for under $400K without immediately having to build out the entire guest experience yourself.
Based on the seller-reported $61K of 2025 gross revenue, the property is priced at approximately 6.5x trailing gross revenue, equivalent to a ~15.5% gross revenue-to-price ratio.
That's gross revenue—not cap rate—and you'll want the full expense history to understand actual profitability.
But there's an important distinction here:
The $61K is reported historical revenue, not an AirDNA projection.
The listing also reports another $41K generated year-to-date in 2026. Because the listing doesn't specify exactly through what date that revenue was measured, we'd want to see the underlying booking statements before annualizing it.
♨️ The Amenities Are Already There
The property has already been set up around the type of experience guests come to the desert for.
There's a shaded rear porch with a private hot tub, giving guests a place to unwind outside while taking in the surrounding desert landscape.
The backyard is arranged across multiple levels and opens toward wilderness views, creating a more secluded atmosphere than you'd expect from a sub-$400K acquisition.
And the garage has been repurposed as a dedicated game room, adding another entertainment space without consuming the home's main living area.
Inside, the home has bright, open interiors and is being sold fully furnished.
The result is a property where the major guest-facing pieces are already in place.
🌵 A Simple Joshua Tree Guest Experience
Joshua Tree doesn't necessarily require an enormous house to create a compelling STR.
The experience is often about what happens outside the house.
Desert scenery.
Outdoor living.
A hot tub after dark.
Space to hang out.
And a property with enough personality to feel different from a conventional suburban rental.
This home packages those elements into a relatively compact 3-bedroom, 2-bathroom footprint, while the game room and multi-level backyard effectively add more usable guest space beyond its 1,098-square-foot interior.
📊 The Investment Story
💰 $394K Purchase Price
💵 ~$61K 2025 Gross Revenue
📊 ~15.5% Gross Revenue / Price
🔢 ~6.5x 2025 Gross Revenue
📈 ~$41K 2026 YTD Revenue per Listing
🛏️ 3 Bedrooms / 2 Bathrooms
♨️ Private Hot Tub
🕹️ Game Room
🌄 Wilderness Views
🌵 Multi-Level Desert Backyard
🛋️ Fully Furnished + Turnkey
The thesis: acquire an established Joshua Tree STR for under $400K that's already producing meaningful revenue, with the furniture, hot tub, game room and outdoor guest experience already built into the property.
💸 Financing
At a $394K purchase price with $61K in reported 2025 gross rental revenue, this could be worth evaluating with lenders that understand STR income.
Depending on the borrower, property and lender requirements, potential structures can include DSCR, conventional investment, portfolio and other STR-focused financing options.
If you're trying to determine what your down payment could look like, whether the property's historical rental revenue can help it qualify, or which loan structure makes the most sense for your situation, our STR lending partner can help walk you through the options.
🏡 Want Help Buying the Right STR?
Finding a property is only one part of building a successful STR. We partner with a team that helps investors with the whole process: market selection, property search, underwriting, design, amenities and operations.
They can help with:
📍 Market Selection — identify markets that fit your budget and investment goals.
🔎 Property Search — find strong STR opportunities without spending hours combing through listings.
📊 Deal Underwriting — analyze individual properties and realistic revenue potential before you buy.
🎨 Design + Furnishing — create an STR designed to stand out against competing rentals.
🔥 Revenue-Driving Amenities — determine which investments could meaningfully improve bookings and nightly rates.
⚙️ Launch + Operations — help put the systems in place to operate and optimize the property after closing.
In order to work with them, they typically require having around $150,000 available for your down payment, furnishing, design, and revenue-driving amenities so you're positioned for success from day one.
To date, they've helped investors acquire 375+ properties, generating $60M+ in rental revenue with $25M+ in estimated tax savings.
Whether you need help figuring out where to buy, which property to choose, what it could generate, or how to design and amenity it to compete at the top of its market, they can help throughout the process.
💰 Thinking About Selling Your STR?
Already own a short-term rental and thinking about selling?
The Offer Sheet can put your property directly in front of an audience of active STR investors who are specifically looking for vacation rentals, including properties with proven revenue histories.
Whether your property is listed publicly or you want to explore an off-market sale, we can help get it in front of potential buyers.
Have a strong-performing Airbnb, unique vacation rental, or turnkey STR you may consider selling? Send it our way.
🎯 Why This One Stands Out
💰 $61K of Reported 2025 Revenue
Against a $394K asking price, that's approximately a 15.5% gross revenue-to-price ratio.
🌵 Sub-$400K Joshua Tree Entry Point
A relatively approachable acquisition price for an STR that's already furnished and operating.
♨️ Hot Tub + Desert Views
The outdoor setup gives guests the classic Joshua Tree experience they're coming to the market for.
🕹️ Dedicated Game Room
The converted garage adds another entertainment space without sacrificing a bedroom.
🔑 Turnkey
Furniture and guest amenities are already in place, reducing the work required after closing.
⚡ Bottom Line
$394K. $61K Revenue. ~15.5% Gross Yield. Hot Tub. Game Room. Turnkey.
This is a straightforward STR story:
a relatively low acquisition basis in Joshua Tree paired with actual rental performance and an already-built guest experience.
The property reportedly produced approximately $61K in 2025 gross revenue, putting it at roughly 6.5x historical gross revenue at the current asking price.
And instead of buying a $394K home and then spending heavily to turn it into something guests want to book, you're getting the furnishings, hot tub, game room and desert-focused outdoor setup already in place.
For an investor looking for a more approachable way into the Joshua Tree STR market, that's what makes this one interesting.
📩 Interested in This Property?
