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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Fish Camp offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Nestled at the southern gateway to Yosemite National Park, Fish Camp is a tiny mountain community that punches above its weight for short-term rental investors. With just 19 active Airbnb listings and an average annual revenue of $51,038, the market offers a favorable revenue-to-price ratio against average home values of $656,441. An 86% year-over-year growth in active listings signals rising investor interest, while the limited supply base means well-managed properties can still capture strong seasonal demand.
According to Rabbu market data, the Fish Camp short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 19 |
| Average Daily Rate (ADR) | vs. $551 state avg. | $343 |
| Average Occupancy Rate | vs. 43% state avg. | 28% |
| RevPAN | ADR * Occupancy Rate | $97 |
| Average Monthly Revenue | Historical 12-month average | $4,253 |
| Average Annual Revenue | Historical 12-month average | $51,038 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Investors are drawn to Fish Camp for its strong revenue relative to property costs, driven by Yosemite-adjacent tourism demand and a very small competitive set.
Key investment factors
"Fish Camp represents an attractive but seasonally dependent opportunity for STR investors. Revenue peaks sharply in the summer months—July tops out near $5,998—while January dips to roughly $2,126, creating a nearly 3:1 spread that investors must budget around. The above-average revenue-to-price ratio and favorable supply/demand balance are genuine strengths, though below-average occupancy stability (28% vs. the 43% state average) means cash flow will be uneven. Investors who can weather quieter winter months and optimize pricing during the busy Yosemite season stand to earn solid returns in this small, tightly supplied market."
— Rabbu Market Analysis Team
Fish Camp exhibits pronounced seasonality, with July ($5,998) and June ($5,951) delivering nearly three times the revenue of the slowest month, January ($2,126). The May-through-September stretch consistently exceeds $4,800 per month, giving investors a solid five-month earning window, while winter months require budgeting for significantly reduced income.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$2,126 |
| February |
|
$2,339 |
| March |
|
$3,379 |
| April |
|
$4,923 |
| May |
|
$5,623 |
| June |
|
$5,951 |
| July |
|
$5,998 |
| August |
|
$4,823 |
| September |
|
$5,026 |
| October |
|
$4,386 |
| November |
|
$3,138 |
| December |
|
$3,320 |
The market's supply is concentrated almost entirely in 3-bedroom properties, which account for 13 of the 19 active listings. This homogeneity could signal an opportunity for investors willing to differentiate with smaller or larger configurations, though the dominance of 3-bedrooms likely reflects what guest groups visiting Yosemite most frequently seek.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
13 |
Three-bedroom properties—the only size with sufficient data—command an ADR of $349, closely aligned with the market-wide average of $343. This consistency suggests the 3-bedroom format is well-calibrated to what guests in Fish Camp are willing to pay per night.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$349 |
Three-bedroom properties deliver a RevPAN of $122, which is higher than the market-wide average of $97, indicating that this property size outperforms when factoring in both rate and occupancy. The gap suggests that 3-bedroom units capture bookings more efficiently than the broader listing pool.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$122 |
Three-bedroom listings achieve a 35% occupancy rate, notably above the market-wide average of 28%. This 7-percentage-point premium suggests that the 3-bedroom configuration is the sweet spot for Fish Camp's visitor profile, offering more stable cash flow relative to other property types in the area.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
35% |
Three-bedroom properties average $4,445 in monthly revenue, roughly $200 more than the market-wide monthly average of $4,253. While the premium is modest, it reflects the combination of slightly higher ADR and meaningfully better occupancy that these units enjoy.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$4,445 |
At $53,345 in average annual revenue, 3-bedroom properties outpace the overall market average of $51,038 by about $2,300. Against an average home value of $656,441, this translates to an approximate gross yield of 8.1%, reinforcing the market's above-average revenue-to-price positioning.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$53,345 |
Kitchens are universal (100%), while BBQ grills, parking, self check-in, and washers each appear in 95% of listings—signaling that these are baseline expectations, not differentiators. Amenities like hot tubs (11%) and pet-friendliness (32%) are far less common and could offer a competitive edge for listings looking to stand out in this small market.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
100% |
| BBQ Grill |
|
95% |
| Parking |
|
95% |
| Self Check-in |
|
95% |
| Washer |
|
95% |
| Dryer |
|
84% |
| Patio or Balcony |
|
79% |
| Backyard |
|
58% |
| Outdoor Furniture |
|
53% |
| Pets |
|
32% |
| Workspace |
|
16% |
| Hot Tub |
|
11% |
| EV Charger |
|
5% |
| Gym |
|
5% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Fish Camp Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Above average | 15% |
| Supply/Demand Balance | Above average | 15% |
Fish Camp's ROI Score of 68 out of 100 places it in the "Attractive Opportunity" band, driven primarily by an above-average revenue-to-price ratio and a favorable supply/demand balance in a market with just 19 listings. The main drag on the score is below-average occupancy stability, a direct result of the heavy seasonality tied to Yosemite tourism. Investors should pair these metrics with local regulatory research in Mariposa County to fully assess the viability of an STR investment here.
Understanding local STR regulations is essential before investing in Fish Camp. Here's the current regulatory landscape:
Short-term rental operators in Fish Camp, California may need to obtain permits or register with Mariposa County, which governs the unincorporated community. Investors should verify current permit requirements directly with the county planning department before listing a property.
Common restrictions in mountain and gateway communities like Fish Camp can include occupancy limits based on bedroom count, minimum-stay requirements during peak periods, noise ordinances, parking regulations tied to the property's capacity, and potential HOA covenants for properties within specific subdivisions. Because rules can change as STR activity grows, staying current with local ordinances is essential.
California requires short-term rental operators to collect and remit transient occupancy tax, and Mariposa County may impose its own local lodging taxes on top of the state requirement. Major platforms like Airbnb often handle tax collection on behalf of hosts, but operators should confirm compliance with both state and county tax authorities.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Fish Camp can provide current regulatory guidance.
Financing an Airbnb investment in Fish Camp requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Fish Camp's proximity to Yosemite should continue to fuel summer and shoulder-season demand, with peak monthly revenues likely holding in the $5,600–$6,000 range during June and July. Occupancy—currently at 28% on average—may see modest improvement as the market matures, though winter months will remain soft, keeping annual occupancy estimates around 28–33%. ADR growth of 2–4% is plausible given above-average market growth trends and limited competition, but investors should plan conservatively around the pronounced seasonality that defines this mountain-gateway market."
— 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 Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and may not capture very recent regulatory or market shifts. Individual property results will vary based on location, condition, pricing strategy, and operational quality.
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