Investing in mid-term rental properties can be highly profitable, especially in markets with high monthly rental rates. For investors looking to maximize their returns, focusing on markets with a high gross yield and a monthly rate over $2,500 is essential. This guide highlights the top mid-term rental markets that meet these criteria, providing valuable insights into their performance and potential for investors.
Our advanced tool, Chalet Intel, delivers in-depth insights and strategies tailored for investors at all levels. It includes a robust calculator, regulation summaries, and extensive data for each discussed market. Our dashboard offers comprehensive data on both short-term and mid-term rentals, enabling you to make well-informed decisions. Links for each market are available for detailed individual analysis.
1. Island Park, Idaho
Island Park, ID, known for its stunning natural beauty and outdoor recreational opportunities, is a popular destination for tourists seeking adventure and tranquility.
Island Park has seen a 5.2% increase in home values, with the average price now at $723,400. The median annual revenue is $36,000, with a monthly rate of $3,000. With 123 full-time listings and a property tax rate of 0.58%, the gross yield is 4.98%.
For more comprehensive insights into Island Park as a rental market, explore the Island Park Airbnb Investor Guide and Island Park Rental Regulations.
2. Pompano Beach, Florida
Pompano Beach, FL, renowned for its beautiful coastline and vibrant marine life, attracts visitors year-round seeking sun and sea activities.
Pompano Beach has seen a 4.7% increase in home values, with the average price now at $605,100. The median annual revenue is $33,000, with a monthly rate of $2,750. With 545 full-time listings and a property tax rate of 1.20%, the gross yield is 5.45%.
For more insights into Pompano Beach as a rental market, explore the Pompano Beach Airbnb Investor Guide and Pompano Beach Rental Regulations.
