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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Necedah offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Necedah, WI is a small but compelling short-term rental market where favorable revenue-to-price ratios offset a modest listing base of just 34 active Airbnbs. With an average annual revenue of $50,251 against average home values of $359,995, investors can achieve meaningful yield in a market that isn't yet crowded. The area's outdoor recreation appeal—evidenced by amenities like lake access, BBQ grills, and backyards across nearly every listing—drives strong summer demand, with July revenues topping $8,639 per listing.
According to Rabbu market data, the Necedah short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 34 |
| Average Daily Rate (ADR) | vs. $368 state avg. | $377 |
| Average Occupancy Rate | vs. 38% state avg. | 25% |
| RevPAN | ADR * Occupancy Rate | $95 |
| Average Monthly Revenue | Historical 12-month average | $4,187 |
| Average Annual Revenue | Historical 12-month average | $50,251 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Necedah attracts STR investors primarily because of its strong revenue-to-price ratio, which compensates for seasonal demand patterns typical of Wisconsin's outdoor recreation markets.
Key investment factors
"Necedah presents an attractive opportunity for investors who are comfortable with highly seasonal cash flow. July and August alone account for a disproportionate share of annual revenue, with monthly earnings roughly three to four times higher than the December–February lows. The market's ROI score of 60 out of 100 reflects genuine strengths in revenue relative to property costs, tempered by below-average occupancy stability at just 25% overall. Investors targeting larger properties—particularly 5-bedroom homes earning an average of $85,909 annually—stand to benefit most, though careful expense management during the off-season is essential."
— Rabbu Market Analysis Team
Necedah's revenue is heavily seasonal, peaking in July at $8,639 and bottoming out in December at $2,151—a nearly 4x spread that underscores the importance of summer tourism to this market. Investors should expect roughly 60% of annual revenue to come from the May–September window.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$2,823 |
| February |
|
$2,332 |
| March |
|
$3,436 |
| April |
|
$3,020 |
| May |
|
$3,902 |
| June |
|
$5,400 |
| July |
|
$8,639 |
| August |
|
$7,836 |
| September |
|
$4,534 |
| October |
|
$3,734 |
| November |
|
$2,439 |
| December |
|
$2,151 |
One-bedroom units lead the supply with 9 listings, followed by 3-bedroom (7), 5-bedroom (6), and 4-bedroom (5) properties. Notably, there are no 2-bedroom listings in the data, which could represent an underserved niche for investors seeking less direct competition.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
9 |
| 3 bedrooms |
|
7 |
| 4 bedrooms |
|
5 |
| 5 bedrooms |
|
6 |
ADR scales steeply with size, jumping from $275 for 3-bedroom homes to $470 for 4-bedroom properties—the highest rate in the market. Interestingly, 1-bedroom listings command $300 per night, likely reflecting cozy cabin or lakeside retreat positioning that supports premium pricing even at a smaller scale.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$300 |
| 3 bedrooms |
|
$275 |
| 4 bedrooms |
|
$470 |
| 5 bedrooms |
|
$463 |
Five-bedroom properties deliver the strongest RevPAN at $139, nearly double the next closest category (1-bedroom at $78), reflecting both premium pricing and the highest occupancy in the market. Four-bedroom listings lag significantly at $53 RevPAN, suggesting their 11% occupancy rate offsets their high ADR.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$78 |
| 3 bedrooms |
|
$69 |
| 4 bedrooms |
|
$53 |
| 5 bedrooms |
|
$139 |
Occupancy rates range from a low of 11% for 4-bedroom properties to 30% for 5-bedroom homes, with 1-bedroom (26%) and 3-bedroom (25%) listings falling in between. The strong performance of 5-bedroom properties suggests group and family travelers drive the most consistent bookings in Necedah.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
26% |
| 3 bedrooms |
|
25% |
| 4 bedrooms |
|
11% |
| 5 bedrooms |
|
30% |
Monthly revenue climbs steadily with property size, from $2,117 for 1-bedroom units to $7,159 for 5-bedroom homes. The jump from 3-bedroom ($3,160) to 4-bedroom ($4,957) revenue is notable, though 5-bedroom properties clearly offer the highest monthly earning potential in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$2,117 |
| 3 bedrooms |
|
$3,160 |
| 4 bedrooms |
|
$4,957 |
| 5 bedrooms |
|
$7,159 |
Five-bedroom properties lead annual revenue at $85,909—more than three times the $25,406 earned by 1-bedroom listings. For investors evaluating return potential, 4-bedroom homes at $59,491 annually and 5-bedroom homes offer the strongest gross revenue, though acquisition and operating costs should be weighed against these figures.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$25,406 |
| 3 bedrooms |
|
$37,930 |
| 4 bedrooms |
|
$59,491 |
| 5 bedrooms |
|
$85,909 |
BBQ grills, parking, and kitchens are universal across Necedah's listings at 100%, while washers (94%) and dryers (91%) are nearly standard—signaling that guests expect a fully equipped home experience. Lake access (27%) and hot tubs (47%) are less common but represent differentiating amenities that could boost bookings and justify premium pricing.
| Amenity | Trend | Value |
|---|---|---|
| BBQ Grill |
|
100% |
| Parking |
|
100% |
| Kitchen |
|
100% |
| Washer |
|
94% |
| Dryer |
|
91% |
| Outdoor Furniture |
|
82% |
| Backyard |
|
82% |
| Self Check-in |
|
79% |
| Pets |
|
74% |
| Patio or Balcony |
|
71% |
| Hot Tub |
|
47% |
| Workspace |
|
44% |
| Lake Access |
|
27% |
| Beach Access |
|
21% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Necedah Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Average | 15% |
Necedah's ROI score of 60 out of 100 places it in the 'Attractive Opportunity' band, driven primarily by an above-average revenue-to-price ratio that makes entry costs favorable relative to earning potential. The score is tempered by below-average occupancy stability—a reflection of the market's sharp seasonality—while market growth and supply/demand balance both track at average levels. Pairing this data with thorough local regulatory research and a conservative cash-flow model that accounts for winter slowdowns will give investors the clearest picture of what to expect.
Understanding local STR regulations is essential before investing in Necedah. Here's the current regulatory landscape:
Short-term rental operators in Necedah, Wisconsin may be required to obtain a tourist rooming house license through the state, and additional local permits or registrations could apply at the village or Juneau County level. Investors should verify current requirements directly with local authorities and the Wisconsin Department of Agriculture, Trade and Consumer Protection before listing a property.
Common restrictions that may apply to STRs in Wisconsin communities include occupancy limits, minimum stay requirements, noise and nuisance ordinances, and parking regulations. Some areas also impose caps on the number of permits issued, and properties within HOAs or certain zoning districts may face additional restrictions or outright prohibitions on short-term rental activity.
Wisconsin imposes a state room tax and sales tax on short-term rental income, and Juneau County or the Village of Necedah may levy additional local room taxes. Platforms like Airbnb often collect and remit state taxes automatically, but hosts should confirm that all applicable local tax obligations are being met.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Necedah can provide current regulatory guidance.
Financing an Airbnb investment in Necedah requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Necedah's STR market is expected to see continued seasonal demand concentrated in the June–August window, with average monthly revenues likely ranging from $5,000 to $8,500 during peak months. The 62% year-over-year growth in active listings signals rising investor interest, which could gradually compress occupancy rates if demand doesn't keep pace. ADR may hold steady or see modest 1–3% gains given the market's above-state-average pricing at $377, though off-season months will remain soft with revenues around $2,100–$3,400. Investors should plan for pronounced seasonality and build reserves to cover leaner winter months."
— 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 as of the date shown and may not capture very recent market shifts. Local regulations, tax requirements, and permit rules can change; investors should verify current requirements with local authorities before purchasing or listing a property.
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