Browse Airbnbs for Sale
Explore active Airbnbs and STR-ready homes in Charlotte with verified income data.
View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Damascus offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Damascus, Virginia, is a small-town market nestled along the Virginia Creeper Trail that draws outdoor recreation enthusiasts and seasonal tourists. With an average home value of $323,315 and trailing-twelve-month annual revenue averaging $19,106, the revenue-to-price ratio sits at an average level — enough to warrant a closer look but not enough to carry a deal on its own. The market's 43 active Airbnb listings and 65% year-over-year listing growth suggest rising investor interest, though occupancy at 13% trails well behind Virginia's 34% state average, pointing to a market that's highly seasonal and still maturing.
According to Rabbu market data, the Damascus short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 43 |
| Average Daily Rate (ADR) | vs. $339 state avg. | $179 |
| Average Occupancy Rate | vs. 34% state avg. | 13% |
| RevPAN | ADR * Occupancy Rate | $23 |
| Average Monthly Revenue | Historical 12-month average | $1,592 |
| Average Annual Revenue | Historical 12-month average | $19,106 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Investors look at Damascus for its affordable property prices relative to peak-season nightly rates, combined with strong trail-tourism demand that concentrates revenue into predictable warm-weather months.
Key investment factors
"Damascus earns a 59 out of 100 on the Rabbu ROI Score — an "Attractive Opportunity" that comes with clear caveats. Revenue potential is reasonable for the price point, but occupancy stability and supply/demand balance both score below average, reflecting a market where income is concentrated into a handful of peak months and new listings are entering quickly. October leads all months at $2,433 in average revenue, while February bottoms out near $588 — a spread that underscores the importance of cash reserves for the off-season. Investors who can manage seasonal cash flow and differentiate their property through amenities like hot tubs or pet-friendliness stand the best chance of outperforming the market average."
— Rabbu Market Analysis Team
Damascus shows pronounced seasonality, with October topping all months at $2,433 in average revenue and August close behind at $2,182, while the winter trough in February drops to just $588. The roughly 4:1 spread between peak and off-peak months means investors need to plan for several lean months and should avoid annualizing summer performance alone.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$707 |
| February |
|
$588 |
| March |
|
$1,121 |
| April |
|
$1,515 |
| May |
|
$1,832 |
| June |
|
$1,892 |
| July |
|
$2,100 |
| August |
|
$2,182 |
| September |
|
$1,889 |
| October |
|
$2,433 |
| November |
|
$1,493 |
| December |
|
$1,350 |
Supply is distributed fairly evenly across the three tracked sizes: 13 two-bedroom listings lead slightly, followed by 11 one-bedrooms and 10 three-bedrooms. The relatively balanced distribution suggests no single property type is dramatically underserved, though the smaller total count of three-bedrooms paired with their superior performance metrics could signal a modest opportunity for larger units.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
11 |
| 2 bedrooms |
|
13 |
| 3 bedrooms |
|
10 |
ADR rises steadily with property size, from $138 for one-bedrooms to $163 for two-bedrooms and $190 for three-bedrooms. The $52 premium that three-bedrooms command over one-bedrooms — roughly a 38% jump — suggests guests are willing to pay meaningfully more for additional space, which may justify the higher acquisition and maintenance costs.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$138 |
| 2 bedrooms |
|
$163 |
| 3 bedrooms |
|
$190 |
Three-bedroom properties deliver a RevPAN of $42, more than double the $19 earned by two-bedrooms and well ahead of one-bedrooms at $16. This outsized gap is driven by both higher nightly rates and significantly better occupancy, making three-bedrooms the clear revenue-efficiency leader in Damascus.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$16 |
| 2 bedrooms |
|
$19 |
| 3 bedrooms |
|
$42 |
One- and two-bedroom listings both sit at 12% occupancy, while three-bedrooms reach 22% — nearly double. The higher fill rate for larger properties suggests group travelers and families drive much of the booking activity, and smaller units may struggle to attract consistent demand outside peak months.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
12% |
| 2 bedrooms |
|
12% |
| 3 bedrooms |
|
22% |
Three-bedroom listings lead with $1,942 in average monthly revenue, followed by two-bedrooms at $1,791 and one-bedrooms at $1,288. The $654 monthly gap between the top and bottom tier compounds to meaningful annual differences, making property size one of the most impactful variables for Damascus investors.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$1,288 |
| 2 bedrooms |
|
$1,791 |
| 3 bedrooms |
|
$1,942 |
On an annual basis, three-bedroom properties average $23,310 — roughly 51% more than the $15,457 earned by one-bedrooms and about 8% above two-bedrooms at $21,492. For investors weighing acquisition costs against return potential, three-bedrooms present the strongest revenue case in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$15,457 |
| 2 bedrooms |
|
$21,492 |
| 3 bedrooms |
|
$23,310 |
Kitchens (98%), parking (95%), and self check-in (91%) are near-universal, signaling that guests expect a self-sufficient, car-accessible cabin or cottage experience. Outdoor-oriented amenities like BBQ grills (72%), patios (70%), and backyards (67%) are also widespread, reinforcing that the trail-town character of Damascus makes outdoor living spaces a baseline expectation rather than a differentiator — investors looking to stand out might focus on less common features like hot tubs (9%) or pet-friendliness (44%).
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
98% |
| Parking |
|
95% |
| Self Check-in |
|
91% |
| BBQ Grill |
|
72% |
| Patio or Balcony |
|
70% |
| Backyard |
|
67% |
| Outdoor Furniture |
|
67% |
| Dryer |
|
65% |
| Washer |
|
65% |
| Pets |
|
44% |
| Waterfront |
|
33% |
| Workspace |
|
21% |
| Hot Tub |
|
9% |
| Beach Access |
|
2% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Damascus Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Below average | 15% |
Damascus's ROI Score of 59 out of 100 places it in the "Attractive Opportunity" band, suggesting the market offers a viable entry point but isn't without risk. The revenue-to-price ratio scores as average — annual revenue of roughly $19K against home values around $323K is workable but thin — while occupancy stability and supply/demand balance both fall below average, reflecting the sharp seasonality and the 65% year-over-year surge in new listings. Pairing this data with thorough local regulatory research and conservative financial modeling will help investors determine whether a Damascus property pencils out for their specific goals.
Understanding local STR regulations is essential before investing in Damascus. Here's the current regulatory landscape:
Short-term rental operators in Damascus, Virginia, should check with Washington County and the Town of Damascus for any STR permit or registration requirements before listing a property. State-level regulations in Virginia may also apply, so verifying compliance with both local and state authorities is essential.
Common restrictions that may apply include occupancy limits, minimum stay requirements, noise and parking regulations, and homeowners' association rules that could limit or prohibit short-term rentals. Investors should also confirm whether any permit caps or zoning overlays affect their specific property location.
Virginia imposes state and local transient occupancy taxes on short-term rentals, and Washington County or the town may levy additional lodging or tourism taxes. Platforms like Airbnb often collect and remit some of these taxes on behalf of hosts, but operators should verify which obligations remain their responsibility.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Damascus can provide current regulatory guidance.
Financing an Airbnb investment in Damascus requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Damascus should continue to benefit from its status as a gateway to the Virginia Creeper Trail and surrounding Appalachian recreation. Peak-season months (May through October) are likely to sustain ADRs in the $179 range or slightly higher, while occupancy could stabilize around 13–16% market-wide as the recent wave of new supply gets absorbed. The 65% year-over-year growth in listings may put downward pressure on individual booking volume, so investors should budget conservatively and plan for soft winter months where revenue can dip below $700."
— Rabbu Market Analysis Team
Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.
Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing performance and market conditions may have shifted since the most recent update. Local regulations, HOA rules, and zoning requirements can materially affect STR eligibility and should be verified independently.
Ready to invest in Damascus's short-term rental market? Take action with these resources:
Explore active Airbnbs and STR-ready homes in Charlotte with verified income data.
View PropertiesWork with specialized agents who've helped investors acquire over $650M in STR properties.
Find an AgentQualify for as low as 15% down on a DSCR loan using the rental property's projected income.
Find a Lender