Introduce
When it comes to investing in the Airbnb or short-term rental market, it’s essential to choose the right location. Osage Beach, MO, nestled in the heart of the Ozarks, is becoming an increasingly attractive destination for property investors. In this blog post, we will delve into the thriving short-term rental market in Osage Beach, exploring key data points, trends, and important information for anyone looking to invest in this picturesque lakeside community.
Real Estate Trends in Osage Beach
Home Value Appreciation
According to Zillow, the median home value in Osage Beach stands at an impressive $330,111. However, it’s worth noting that homes in this area have experienced a modest depreciation of 3.90% recently. While this might raise concerns for potential buyers, it can present a unique opportunity for those looking to invest in short-term rentals.
Short-Term Rental Market
890 active short-term rentals currently grace the shores of Osage Beach, making it a robust market for those interested in hosting Airbnb guests. Data from Chalet reveals that the average daily rate for these properties is $326.30, and the occupancy rate is at 45%. The annual revenue for short-term rentals in Osage Beach is approximately $41,400, resulting in an average gross yield of 12.54%.
Property Taxes
SmartAsset reports that the average property tax rate in Osage Beach is 1.32%. This relatively low tax rate can be a boon for property investors, contributing to higher returns on investment.
