Top Five 🏆 Short-Term Rental Markets In 2024
The short-term rental market remains strong, offering a tempting path to financial freedom. But with so many locations vying for tourist dollars, where should you set your sights? Take a look at the top five U.S. short-term rental markets in 2024, based on data from List With Clever.
Sunshine State Dominates: Tampa Bay and Beyond
Florida takes the crown for short-term rental havens, claiming four spots in the top five. Tampa takes the lead, boasting quickly rising property values and strong occupancy rates and revenue. Orlando with its steady stream of theme park visitors comes in second while beach-lined Jacksonville takes third place. Glitzy Miami grabs the fifth spot in the ranking with the highest number of available properties overall – over 6x the median city in the survey.
East Coast Represents: Boston Beckons
Steeped in history and brimming with cultural attractions, Boston is a perennial favorite for tourists. So it’s unsurprising that this charming city takes fourth place as a top earner in the short-term rental market.
Set Up Financing
No matter what the intended exit strategy of your next project, finding the right financing is critical. Navigator Private Capital can customize a loan package that fits all of your needs without relying on your personal income.
You already know that we offer funding for long-term rentals but did you also know that we can fund your short-term rental? That’s right. Our Zero-Point DSCR loan program extends to vacation rentals as well. Some of the loan requirements are a little different but it’s easy to apply and get approved quickly.
Three Ways To Qualify
📌 Actual Rental Income Over Last 12 Months
📌 Projected Short-Term Rental Income
📌 Market Rental Rates
Fund Your Real Estate Dreams
Navigator Private Capital is your partner in building a successful real estate portfolio. Build wealth faster with our no-point DSCR loans. See terms below:
✅ Purchase, Rate Refinance, Cash-Out Refinance
✅ Rates From High 6s
✅ Loans From $100K to $3.5M
✅ Residential Single (1-4 Units) And Multi-Family (5-8 Units)
✅ 30-year, 20-year, and 15-year Fixed OR 5, 7, and 10-year ARM
✅ Credit 640+
We Can Help
Whether you are buying a short-term vacation rental, a long-term rental, a fix-and-flip property, or building from the ground up, we can help. Reach out to your loan officer directly or call 888.444.3160 to be put in touch. Or, get the ball rolling by requesting a no-obligation quote below.