4 bed 2.5 bath in Raleigh, NC, 27616

Monthly Rate: $2,314

Raleigh, North Carolina, is an ideal destination for short-term rentals, fueled by its vibrant mix of university life, burgeoning tech industry, and diverse cultural attractions. In 2023 alone, the city welcomed a record 18.5 million visitors who spent $3.2 billion, showcasing a robust and consistently growing demand for lodging. This strong visitor economy is complemented by Raleigh's favorable STR regulations, which were updated in 2021 to allow short-term rentals in most residential zoning districts with a required zoning permit. Tourists flock to Raleigh to explore the North Carolina Museum of Natural Sciences, the North Carolina Museum of Art, and the engaging Marbles Kids Museum, or to enjoy outdoor havens like Pullen Park and William B. Umstead State Park. The city's lively culinary scene, numerous craft breweries, and popular food halls like Transfer Co. and Morgan Street Food Hall also draw significant numbers, making Raleigh a prime location for a successful STR investment.

Short Term Rental
$49,300 - Projected Yearly Revenue
$4,108- Projected Monthly Revenue
62% Occupancy Rate
$219 Average Daily Rate

Deal Source: YP Acquisition Team

Important info: 

• Earnings are projections and based on market fluctuations.

• Investors are encouraged to research the market averages using the zip code provided  before closing on the deal, signing any leases, or finalizing any property closing.

• Third party listings can always go through our quality vetting process, which always includes a walk through of the property and deep market research. 

• Our team encourages you to request a tour of any property before moving forward with any deals marked Third party on our platform. Deals found by the  YP acquisition team are always vetted following our best practices to insure quality. 

• We encourage investors to work closely with one of our Consultants to ensure you’re picking the right deal for you.

• Please ensure you have an active and in good standing  business license, or be in the process of acquiring one before deciding to purchase.