Annual Revenue
$31,160
Based on 21 full time Airbnb rentals
Average Daily Rate
$134
Gross Yield
16.06%
Occupancy Rate
58%
As of October of 2024, Homes in 43227 ZIP Code have appreciated by 9.73%, with the median home value standing at $193,908, according to Zillow.
There are currently 21 active short-term rentals in 43227 ZIP Code. The average daily rate for these rentals is $134. This translates to an annual revenue of $31,160 for short-term rentals as of October of 2024.
43227 ZIP Code is an investor-friendly location with short-term rental regulations favorable to those looking to invest in short-term rentals.
Average Daily Rate Trend
$134
Occupancy Rate Trend
58%
As of October of 2024, the average gross yield for short-term rentals in 43227 ZIP Code is 16.06%. However, potential investors should also consider the average property tax, which stands at 1.82% according to SmartAsset.
The median household income in 43227 is $58,231.
As of October of 2024, the occupancy rate for Airbnb rentals in 43227 is 58%, which is higher than the average occupancy rate for the United States.
As of October of 2024 The unemployment rate in 43227 ZIP Code is 4%, which is lower than the national average of 4.1%.
The most impactful amenities for short-term rentals in 43227 include a Beachfront, Sauna, and Outdoor shower.
43227 ZIP Code is a popular destination for travelers, with Airbnb demand coming from cities like Columbus, OH (7.75% of all guests), Cincinnati, OH (3.28% of all guests), and Cleveland, OH (3.11% of all guests).
The top short-term rental hosts in 43227 ZIP Code include GH Hospitality, Housepitality and Jesse. These hosts have an average rating of 4.81, 5.00 and 4.97 respectively.
The most popular property types in 43227 ZIP Code are 2-bedroom units, with an average daily rate of $134 and an annual revenue of $32,682.
The average booking lead time for short-term rentals in 43227 ZIP Code is 53 days.
Let our agents guide you to the best short-term rental investments in Columbus, OH