Annual Revenue
$32,430
Based on 12 full time Airbnb rentals
Average Daily Rate
$155
Gross Yield
11.98%
Occupancy Rate
60%
As of October of 2024, Homes in 43231 ZIP Code have appreciated by 5.86%, with the median home value standing at $270,091, according to Zillow.
There are currently 12 active short-term rentals in 43231 ZIP Code. The average daily rate for these rentals is $155. This translates to an annual revenue of $32,430 for short-term rentals as of October of 2024.
43231 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
$155
Occupancy Rate Trend
60%
As of October of 2024, the average gross yield for short-term rentals in 43231 ZIP Code is 11.98%. However, potential investors should also consider the average property tax, which stands at 1.82% according to SmartAsset.
The median household income in 43231 is $58,231.
As of October of 2024, the occupancy rate for Airbnb rentals in 43231 is 60%, which is higher than the average occupancy rate for the United States.
As of October of 2024 The unemployment rate in 43231 ZIP Code is 4%, which is lower than the national average of 4.1%.
The most impactful amenities for short-term rentals in 43231 include a Beachfront, Sauna, and Outdoor shower.
43231 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 43231 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 43231 ZIP Code are 2-bedroom units, with an average daily rate of $155 and an annual revenue of $0.
The average booking lead time for short-term rentals in 43231 ZIP Code is 53 days.
Let our agents guide you to the best short-term rental investments in Columbus, OH