The US state of Georgia, known for its rich history and diverse landscapes, offers excellent opportunities for short-term rental investors. From vibrant cities to charming small towns, these markets provide strong investment potential.
Our latest tool, Chalet Intel, provides comprehensive insights and strategies tailored to investors at all experience levels. It includes a calculator, regulation overview, and much more for each market discussed. Links will be provided for each market, allowing you to conduct a more detailed analysis on your own.
1. Savannah, Georgia
Savannah, GA, boasts historic districts, beautiful parks, and a vibrant arts scene. Highlights include Forsyth Park, River Street, and numerous historic homes and museums.
Savannah has seen a notable increase in home values by 10.50%, with the average price reaching $307,925. With an ADR of $216.00 and an occupancy rate of 67%, the annual revenue is $57,045 from 3,217 active rentals. The gross yield is 15.44%, and the cap rate is 9.26%.
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2. Atlanta, Georgia
Atlanta, GA, known for its thriving business district and rich cultural heritage, is a top destination for both business and leisure travelers.
Atlanta has seen a moderate increase in home values, with the average price now at $400,000. The market thrives with an ADR of $225.00 and an occupancy rate of 60%, translating to an annual revenue of $50,000 from 3,000 active rentals. The gross yield here is 8.50%, with a cap rate of 5.50%.
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