Annual Revenue
$28,111
Based on 3 full time Airbnb rentals
Average Daily Rate
$105
Gross Yield
11.54%
Occupancy Rate
63%
As of October of 2024, Homes in 64485 ZIP Code have appreciated by 5.18%, with the median home value standing at $242,692, according to Zillow.
There are currently 3 active short-term rentals in 64485 ZIP Code. The average daily rate for these rentals is $105. This translates to an annual revenue of $28,111 for short-term rentals as of October of 2024.
64485 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
$105
Occupancy Rate Trend
63%
As of October of 2024, the average gross yield for short-term rentals in 64485 ZIP Code is 11.54%. However, potential investors should also consider the average property tax, which stands at 1.01% according to SmartAsset.
The median household income in 64485 is $58,231.
As of October of 2024, the occupancy rate for Airbnb rentals in 64485 is 63%, which is higher than the average occupancy rate for the United States.
As of October of 2024 The unemployment rate in 64485 ZIP Code is 3%, which is lower than the national average of 4.1%.
The most impactful amenities for short-term rentals in 64485 include a Baby monitor, Baby safety gates, and Pool table.
64485 ZIP Code is a popular destination for travelers, with Airbnb demand coming from cities like Atlanta, GA (4.68% of all guests), New York, NY (2.29% of all guests), and Charlotte, NC (2.11% of all guests).
The top short-term rental hosts in 64485 ZIP Code include Lucky Savannah, VacayHome Connect and Southern Belle. These hosts have an average rating of 4.72, 4.46 and 4.74 respectively.
The most popular property types in 64485 ZIP Code are 2-bedroom units, with an average daily rate of $105 and an annual revenue of $0.
The average booking lead time for short-term rentals in 64485 ZIP Code is 64 days.
Let our agents guide you to the best short-term rental investments in Savannah, GA