{"id":161316,"date":"2023-10-30T10:28:33","date_gmt":"2023-10-30T16:28:33","guid":{"rendered":"https:\/\/www.biggerpockets.com\/blog\/?p=161316"},"modified":"2024-02-28T14:19:29","modified_gmt":"2024-02-28T21:19:29","slug":"airdna-rolls-out-new-listings-feature","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/airdna-rolls-out-new-listings-feature","title":{"rendered":"You Can Now Find Short-Term Rentals For Sale Easier With AirDNA\u2014Here\u2019s How Investors Can Use It"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">If you\u2019ve been on the hunt for your next short-term rental investment, there\u2019s a new AirDNA tool at your disposal.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">The short-term rental analytics platform has been on a tear lately, releasing several new features that real estate investors might find valuable. Chief among them? An&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.airdna.co\/blog\/for-sale-properties-announcement\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">STR-specific MLS search<\/span><\/a><span data-preserver-spaces=\"true\">, a tool lets you browse nationwide MLS listings with short-term rental potential front of mind.&nbsp;<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">Are you&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/analyze-short-term-rental\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">looking for a new STR investment<\/span><\/a><span data-preserver-spaces=\"true\">? Here\u2019s what you need to know about AirDNA\u2019s new feature.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Search For Properties With Short-Term Rental Potential<\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">AIrDNA\u2019s new search tool basically takes MLS listings and gives them an STR slant. You can browse listings across the 99 markets AirDNA tracks, which range from coastal spots like San Juan, Puerto Rico, and Bradenton Beach, Florida, to big cities, popular suburbs, and mountain towns, among other options.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">Within each city, you can view for-sale properties that AirDNA has flagged as a potential short-term rental investment. For each of those listings, you can see stats like projected revenue, occupancy rate, and the expected daily rate you\u2019d be able to charge for the home.&nbsp;<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">You can even see charts that track projected revenue over the next year or compare the listing to other similar short-term rental properties in the area. There\u2019s also a heat map that lets you view the property in relation to other STRs in the area\u2014getting an idea of how saturated the market is in any given neighborhood. It can also help you decide if a property is even a viable option, given local ordinances.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">\u201cSeeing for-sale properties mapped alongside known STRs is particularly helpful in locations with&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/crackdown-on-short-term-rentals-get-tougher\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">regulations<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;that require a certain distance between short-term rentals,\u201d AirDNA said in a press release. \u201cIf you see an active STR close to the property you\u2019re evaluating, you know that property isn\u2019t a viable investment before spending your valuable time diving deep into due diligence. Or worse, buying the home before you realize you can\u2019t use it as a short-term rental investment property.\u201d<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">Each listing also includes the basic MLS data\u2014details like square footage, bedroom\/bathroom numbers, and the number of days the home\u2019s been on the market.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">It Comes at a Cost<\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">AirDNA\u2019s new tool doesn\u2019t come for free, unfortunately. While you can view listings as a free user, if you want to see the STR-specific stats, such as projected revenue, occupancy, daily rate, and comparison to other properties, you\u2019ll need to upgrade to a higher-level membership, which ranges from $15 to $1,199 per month, depending on which features you want to access.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span data-preserver-spaces=\"true\">Also, keep in mind that AirDNA isn\u2019t the only platform to offer rental-related listings. Mashvisor does as well\u2014offering projected&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/what-is-roi-in-real-estate\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">ROIs<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;for both Airbnb and traditional rental models\u2014and there are also sites that offer turnkey STR properties for purchase, like Revnest and Vacasa. You\u2019ll want to compare all your options before deciding how to proceed with your investment.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Earlier this month, AirDNA rolled out a game-changing feature on their platform, helping short-term rental investors even more.<\/p>\n","protected":false},"author":613679,"featured_media":161319,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7271],"tags":[],"class_list":["post-161316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-short-term-rentals"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/161316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/613679"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=161316"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/161316\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/161319"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=161316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=161316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=161316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}