Short-Term Rental Market Data at a Glance
If you’re thinking about investing in a short-term rental property but aren’t sure which market to explore, Rabbu’s Market Finder is here to help. This free tool is designed to give short-term rental investors the insights they need to make informed decisions about where to buy. Whether you’re a seasoned investor or new to the game, the Market Finder provides clear, actionable data to guide your search.
Here’s how to use the tool to discover your next great investment market:
Step 1: Understand the Key Metrics
The Market Finder table is packed with data, but it’s easy to navigate once you know what to look for. Here’s a breakdown of the key metrics:
- ROI Score: A proprietary number created by Rabbu that helps you quickly compare how profitable a market could be for short-term rental investments. Higher scores mean better potential returns.
- Average Property Values: Gives you an idea of the typical cost of properties in a market, helping you gauge affordability.
- Annual Revenues: Displays the average revenue properties generate in that market, giving you a sense of earning potential.
- Occupancy Rates: Shows how frequently properties are rented, which can indicate demand in the area.
- Number of Active Airbnbs: Helps you understand the level of competition in the market.
Each of these metrics offers a different piece of the puzzle, and together they provide a comprehensive view of a market’s potential.
Step 2: Narrow Down Your Options
If you’re open to multiple markets, start by sorting the table by ROI Score. This will bring the highest-performing markets to the top of the list. If affordability is a top concern, sort by Average Property Values instead to find markets with lower entry costs.
Once you’ve identified a few promising locations, compare their Annual Revenues and Occupancy Rates. A high revenue combined with a strong occupancy rate is often a good indicator of a thriving market.
Step 3: Evaluate Market Saturation
The number of active Airbnbs can give you insight into how crowded the market is. A high number might mean more competition, but it can also suggest strong demand. Use this metric in combination with ROI Score and Occupancy Rates to get a clearer picture.
Step 4: Do a Deep Dive
Once you’ve zeroed in on a few markets, take some time to research them further. Connect with agents in those markets to look into local regulations for short-term rentals, the types of properties performing well, and whether the area aligns with your investment goals.
Why Use Rabbu’s Market Finder?
Investing in short-term rentals can feel overwhelming, especially when deciding where to buy. Rabbu’s Market Finder takes the guesswork out of the process, giving you data-driven insights that make it easier to identify profitable opportunities. Best of all, the tool is completely free to use, making it accessible for investors at any stage.
Start your search today with Rabbu’s Market Finder and discover the perfect market for your next short-term rental investment.
