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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Hayward presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.
Hayward, WI is a classic Northwoods vacation destination where summer lake tourism drives pronounced seasonal revenue spikes — July listings average $7,844 per month, nearly ten times the April low of $792. With 126 active Airbnb listings, an average daily rate of $274, and annual revenue around $38,594, the market rewards investors who can capture peak-season demand while managing cash flow through quieter shoulder months. Higher-than-average home values ($629,146) relative to revenue mean deal sourcing and property selection are critical to making the numbers work.
According to Rabbu market data, the Hayward short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 126 |
| Average Daily Rate (ADR) | vs. $368 state avg. | $274 |
| Average Occupancy Rate | vs. 38% state avg. | 30% |
| RevPAN | ADR * Occupancy Rate | $82 |
| Average Monthly Revenue | Historical 12-month average | $3,216 |
| Average Annual Revenue | Historical 12-month average | $38,594 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Hayward appeals to investors seeking a proven vacation-rental market anchored by lake recreation and Northwoods tourism, though selective deal sourcing is essential given elevated home prices relative to achievable revenue.
Key investment factors
"Hayward represents a competitive opportunity that rewards careful property selection and hands-on revenue management. Seasonality is the defining feature: the June-through-September window generates roughly two-thirds of annual income, with July and August each clearing $7,000+. Average occupancy sits at 30%, well below the 38% Wisconsin state average, reflecting the reality that many cabins sit empty during spring mud season and parts of fall. For investors willing to target larger lakefront homes and price aggressively during peak weeks, the revenue ceiling is meaningfully higher than the market average suggests."
— Rabbu Market Analysis Team
Hayward displays extreme seasonality, with July ($7,844) and August ($7,307) generating roughly ten times the revenue of the slowest month, April ($792). Investors should budget for a concentrated earning window from June through September and plan for minimal income during the spring shoulder season.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,834 |
| February |
|
$2,415 |
| March |
|
$1,405 |
| April |
|
$792 |
| May |
|
$2,107 |
| June |
|
$4,362 |
| July |
|
$7,844 |
| August |
|
$7,307 |
| September |
|
$3,654 |
| October |
|
$3,109 |
| November |
|
$1,749 |
| December |
|
$2,010 |
Two- and three-bedroom properties dominate Hayward's supply with 36 and 33 listings respectively, making up over half the market. Larger homes with 5+ bedrooms total only 13 listings, suggesting relatively thin competition in the segment that generates the highest per-property revenue.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
14 |
| 2 bedrooms |
|
36 |
| 3 bedrooms |
|
33 |
| 4 bedrooms |
|
26 |
| 5 bedrooms |
|
8 |
| 6+ bedrooms |
|
5 |
ADR in Hayward scales dramatically with property size, climbing from $157 for 1-bedroom units to $701 for 6+ bedroom homes — a nearly 4.5× premium. The sharpest jump occurs between 4 bedrooms ($349) and 5 bedrooms ($541), indicating groups are willing to pay a steep premium for extra capacity in this vacation market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$157 |
| 2 bedrooms |
|
$191 |
| 3 bedrooms |
|
$243 |
| 4 bedrooms |
|
$349 |
| 5 bedrooms |
|
$541 |
| 6+ bedrooms |
|
$701 |
Revenue per available night peaks at $144 for 6+ bedroom properties and $106 for 5-bedroom homes, well above the market average of $82. Interestingly, 1-bedroom units ($74) outperform 2-bedroom ($58) and 3-bedroom ($73) listings on RevPAN thanks to their higher occupancy, making them a potential value play for investors seeking lower acquisition costs.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$74 |
| 2 bedrooms |
|
$58 |
| 3 bedrooms |
|
$73 |
| 4 bedrooms |
|
$82 |
| 5 bedrooms |
|
$106 |
| 6+ bedrooms |
|
$144 |
Occupancy drops steadily as bedroom count increases: 1-bedroom listings lead at 47%, while 4- and 5-bedroom properties hover around 20–24%. This pattern means larger properties earn their revenue through high nightly rates during peak weeks rather than consistent year-round bookings, which investors should factor into cash-flow planning.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
47% |
| 2 bedrooms |
|
31% |
| 3 bedrooms |
|
30% |
| 4 bedrooms |
|
24% |
| 5 bedrooms |
|
20% |
| 6+ bedrooms |
|
21% |
Six-plus bedroom homes lead monthly revenue at $8,215, followed by 5-bedroom properties at $7,374 — both more than double the market average of $3,216. Mid-range 2- and 3-bedroom listings cluster between $2,855 and $3,012, offering more modest but more accessible entry points for first-time STR investors.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$2,414 |
| 2 bedrooms |
|
$3,012 |
| 3 bedrooms |
|
$2,855 |
| 4 bedrooms |
|
$3,787 |
| 5 bedrooms |
|
$7,374 |
| 6+ bedrooms |
|
$8,215 |
Annual revenue potential in Hayward ranges from $28,971 for 1-bedroom listings to $98,585 for 6+ bedroom homes, creating a wide spread that rewards investors willing to take on larger properties. Five-bedroom cabins at $88,495 annually represent a compelling sweet spot, offering nearly double the revenue of 4-bedroom homes ($45,447) with only two more units of supply to compete against.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$28,971 |
| 2 bedrooms |
|
$36,152 |
| 3 bedrooms |
|
$34,267 |
| 4 bedrooms |
|
$45,447 |
| 5 bedrooms |
|
$88,495 |
| 6+ bedrooms |
|
$98,585 |
Parking (98%), a kitchen (93%), and a BBQ grill (84%) are near-universal in Hayward, reflecting guest expectations for a self-sufficient cabin experience. Waterfront access (62%) and lake access (60%) appear on the majority of listings, underscoring that proximity to water is a core driver of bookings — investors without lakefront positioning may need to compensate with aggressive pricing or standout amenities.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
98% |
| Kitchen |
|
93% |
| BBQ Grill |
|
84% |
| Self Check-in |
|
81% |
| Backyard |
|
78% |
| Outdoor Furniture |
|
77% |
| Patio or Balcony |
|
74% |
| Washer |
|
66% |
| Dryer |
|
64% |
| Waterfront |
|
62% |
| Lake Access |
|
60% |
| Workspace |
|
40% |
| Pets |
|
39% |
| Beach Access |
|
21% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Hayward Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Below average | 15% |
| Supply/Demand Balance | Below average | 15% |
Hayward's ROI Score of 47 out of 100 places it in the Competitive Opportunity band, meaning that while investor interest and vacation demand are real, the math isn't automatic — revenue-to-price ratio and occupancy stability are both average, and market growth trend and supply/demand balance rate below average. This suggests the market is best suited for investors who can source properties at favorable prices and optimize for the intense summer season rather than relying on broad market tailwinds. Pairing this data with thorough local regulatory research and a realistic cash-flow model that accounts for low off-season occupancy will be essential before committing capital.
Understanding local STR regulations is essential before investing in Hayward. Here's the current regulatory landscape:
The Town of Hayward and Sawyer County in Wisconsin may require short-term rental operators to obtain a local tourist rooming house license, which is administered at the county or municipal level. Investors should verify current permit and registration requirements directly with local authorities before listing a property.
Common restrictions in Wisconsin vacation-rental markets include occupancy limits based on bedroom count, noise ordinances, minimum parking requirements, and septic system capacity rules for lakefront properties. HOA covenants in certain lakeside developments may impose additional limits on rental frequency or guest counts, so reviewing deed restrictions before purchase is strongly recommended.
Wisconsin imposes a state sales tax and a room tax on short-term rentals, and Sawyer County or the municipality of Hayward may levy an additional local room tax. Major booking platforms typically collect and remit state-level taxes on behalf of hosts, but investors should confirm whether any local obligations require separate filing.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Hayward can provide current regulatory guidance.
Financing an Airbnb investment in Hayward requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Hayward's extreme summer seasonality is unlikely to shift significantly, so investors should plan for the bulk of returns arriving between June and September. ADR may see modest upward pressure in the 1–3% range during peak months as supply growth levels off, though the below-average market growth trend and supply/demand balance suggest new inventory could keep occupancy in the 28–32% annual range. Winter weekends tied to snowmobiling and cross-country skiing offer incremental revenue, but estimates indicate they won't substantially close the gap with summer earnings. Investors who optimize pricing dynamically and target lakefront properties are best positioned to outperform the market average."
— 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. Local regulations, permit requirements, and tax obligations may change; always verify with municipal and county authorities before investing. Individual property results will vary based on location, condition, pricing strategy, and management quality.
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