💰 $70K–$100K in Annual Rental Income at This Mentone Mountain Retreat
🏔️ $775K for a 6-bedroom property with a main house + private carriage house, 3,500 sq. ft., wraparound decks, fire pit, and sweeping valley views.
Alex Veytsman
August 16, 2026
🏔️ $70K–$100K in Annual Revenue + Two Living Spaces in Mentone
💰 $775K • $70K–$100K Annual Rental Income • 6 Bedrooms • 5 Bathrooms • 3,500 Sq Ft • Main House + Carriage House • Mountain Views • Fully Established STR
📩 Interested?
🚨 A Proven Mountain STR With Built-In Flexibility
This one has an interesting setup.
Offered at $775,000, this Mentone mountain retreat currently generates approximately:
$70,000–$100,000 in Annual Rental Income
But the real differentiator is the configuration.
You're getting a spacious main house plus a completely detached carriage house with its own kitchen, living area, bedroom, bathroom, and private entrance.
That creates flexibility for larger groups, multiple generations, owner use, or potentially operating the spaces separately.
And then there are the views.
Floor-to-ceiling windows and expansive decks overlook the valley below, giving the property the kind of mountain setting guests are actually traveling to Mentone for.
🏡 The Asset
16263 County Road 89, Mentone, AL
💰 Price: $775,000
💵 Annual Rental Income: ~$70K–$100K
🛏️ 6 Bedrooms
🚿 5 Bathrooms
📐 3,500 Sq Ft
🏡 Main House + Detached Carriage House
🏔️ Expansive Valley Views
🔥 Fire Pit
🌅 Wraparound Decks
🎮 Loft / Game Room
🍳 Multiple Kitchens / Kitchenettes
🔑 Existing Short-Term Rental
The big story here is capacity and flexibility.
Instead of one large house, you've got multiple distinct living areas that can accommodate different guest configurations.
🏔️ The Guest Experience
The main living area is built around soaring floor-to-ceiling windows, bringing the mountain and valley views directly into the house.
Outside, guests get expansive wraparound decks, multiple seating areas, and a fire pit.
The main house also offers several distinct spaces across three levels, including a loft that can function as a game room or additional gathering area.
The finished lower level has its own kitchenette, living area, king bedroom, and full bathroom, adding even more separation for larger groups.
For an STR designed around families and group travel, that's a useful layout.
🏡 And Then There's the Carriage House
This is probably the property's most interesting feature from an investment perspective.
The detached carriage house has its own:
🛏️ Bedroom
🚿 Bathroom
🍳 Kitchen
🛋️ Living area
🚪 Private entrance
🌲 Treetop views
That creates a number of potential use cases.
A buyer could potentially use it for additional guests, multi-generational trips, owner stays, or additional rental flexibility depending on local rules and how the property is operated.
🌲 The Mentone Location
The property is just minutes from downtown Mentone and some of Northeast Alabama's biggest outdoor attractions.
Guests have convenient access to:
🏞️ DeSoto State Park
🏔️ Little River Canyon National Preserve
🥾 Hiking trails
💦 Waterfalls
🍽️ Downtown Mentone dining
🌲 Year-round outdoor recreation
That combination gives the property a natural weekend-getaway and mountain-retreat appeal.
📈 The Investment Story
The numbers:
💰 $775K Asking Price
💵 $70K–$100K Annual Rental Income
📊 ~9%–12.9% Gross Revenue / Price
That's not a cap rate—expenses still need to come out—but it provides a useful first look at the existing revenue relative to acquisition price.
At the top end of the reported range, the property is producing approximately $100K annually on a $775K asking price.
And unlike a property that needs significant expansion to increase sleeping capacity, you're already getting six bedrooms, five bathrooms, multiple living areas, and a detached guest house.
💸 Financing & Tax Angle
With an existing STR history, this could be worth evaluating with financing specifically designed for vacation-rental investors.
Potential structures may include DSCR, conventional investment, portfolio, or second-home financing depending on intended use and lender requirements.
🧾 Cost Segregation
We partner with Segonomics, the lowest-priced cost segregation partner we've found, and Offer Sheet readers can get an additional discount.
Offer Sheet readers get 20% off with code:
OS20OFF
Members of Offer Sheet Pro can receive:
50% OFF
with studies as low as $1,749.
Offer Sheet Pro members can reply to the newsletter for the private discount code.
Tax outcomes vary by investor, so review potential benefits with a qualified tax professional.
🏡 Need Help Finding Your Own STR?
We partner with a team that helps investors identify fully underwritten, data-backed STR opportunities based on their budget and investment goals.
They can help with market selection, revenue projections, property recommendations, design, amenity strategy, management, and pricing.
They typically require buyers to have around $150K available for the down payment, furnishing, design, and revenue-driving amenities.
To date, they've helped investors acquire 375+ properties generating $60M+ in rental revenue, with $25M+ in estimated tax savings.
🏡 Looking to Sell Your STR?
Own a high-performing vacation rental?
The Offer Sheet may be interested in buying it directly off market, facilitating a transaction, or connecting you with qualified buyers from our nationwide investor audience.
📩 Simply reply to this email if you'd like to have a conversation.
🎯 Why This One Stands Out
💰 Proven Income
Approximately $70K–$100K in annual rental income.
🏡 Two Separate Living Spaces
A large main house plus a detached, self-contained carriage house.
👨👩👧👦 Built for Groups
Six bedrooms, five bathrooms, multiple living spaces, and multiple kitchen areas.
🏔️ The Views
Floor-to-ceiling windows, wraparound decks, and expansive valley views give guests the mountain experience they're coming for.
🌲 Strong Destination Appeal
Minutes from DeSoto State Park, Little River Canyon, waterfalls, hiking, and downtown Mentone.
⚡ Bottom Line
$775K Purchase Price. $70K–$100K in Annual Rental Income.
You're getting 3,500 square feet, six bedrooms, five bathrooms, a separate carriage house, wraparound decks, fire pit, and big mountain views in an established Mentone STR.
The detached carriage house and lower-level living area provide additional flexibility that you don't typically get with a standard six-bedroom rental.
For an investor looking for a proven mountain STR with group capacity, multiple living spaces, and an established revenue history, this one is worth a look.
