Airbnb Market Analytics & Investment Insights
Annual Revenue
$15,377
Based on 3 full time Airbnb rentals
Average Daily Rate
$114
Gross Yield
As of October of 2024, Homes in 43240 ZIP Code have appreciated by 4.35%, with the median home value standing at $317,628, according to Zillow.
There are currently 3 active short-term rentals in 43240 ZIP Code. The average daily rate for these rentals is $114. This translates to an annual revenue of $15,377 for short-term rentals as of October of 2024.
43240 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
$114
Occupancy Rate Trend
84%
Let our agents guide you to the best short-term rental investments in Columbus, OH
As of October of 2024, the average gross yield for short-term rentals in 43240 ZIP Code is 4.84%. However, potential investors should also consider the average property tax, which stands at 1.82% according to SmartAsset.
The median household income in 43240 is $58,231.
As of October of 2024, the occupancy rate for Airbnb rentals in 43240 is 84%, which is higher than the average occupancy rate for the United States.
Discover the leading hosts in Columbus ranked by guest ratings and active listings. These hosts combine scale with exceptional guest satisfaction, setting the benchmark for success.
GH Hospitality leads the market with 16 active listings and maintains an exceptional 4.81 average guest rating.
Housepitality leads the market with 15 active listings and maintains an exceptional 5.00 average guest rating.
Jesse leads the market with 12 active listings and maintains an exceptional 4.97 average guest rating.
These top performers serve as benchmarks for what drives success in Columbus's competitive short-term rental scene. Their strategies combine operational efficiency with outstanding guest experiences, making them the gold standard for aspiring hosts and property managers in the area.
10 hosts available
As of October of 2024 The unemployment rate in 43240 ZIP Code is 4%, which is lower than the national average of 4.1%.
The most impactful amenities for short-term rentals in 43240 include a Beachfront, Sauna, and Outdoor shower.
43240 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 43240 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 43240 ZIP Code are 2-bedroom units, with an average daily rate of $114 and an annual revenue of $34,952.
The average booking lead time for short-term rentals in 43240 ZIP Code is 53 days.
Disclaimer
This page and the data presented are for informational purposes only. The information provided should not be construed as financial, legal, or investment advice. Market conditions can change rapidly, and past performance does not guarantee future results. Always consult with qualified professionals before making investment decisions.
4.84%
Occupancy Rate
84%