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Updated over 3 years ago on . Most recent reply

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Eric Sebast
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First STR, Piney Point MD Question

Eric Sebast
Posted

Hey All,

Looking for our first STR, and was looking in White Stone, VA, but expanded the search as there Isn't anything there ticking the boxes (looking for a 3 bed, 2 bath home right on the water with an expansive water view). Came accross this house in Piney Point, MD, but the AirDNA numbers don't make sense to me (increase drastically when I change it to 5 bathrooms from 3), then found it on AirBNB (but just listed as a 2bd/2bath home at just $280...

Looking for a little help to figure out what realistic expectations are, I don't wanna pull the trigger on it and find out its only gonna cashflow at half what I was thinking it would.

Zillow Listing: https://www.zillow.com/homedet...

Airbnb listing: https://www.airbnb.com/rooms/1...

AirDNA screenshot:

Most Popular Reply

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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
4,424
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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Replied

For a smaller market, AirDNA can be unreliable at the higher bedroom counts if theres not a lot of comps at 5 (not sure why you would switch it to that though if its 3BR).  Got to be careful about seasonality too, your Airbnb link is for first week of December, which I'd imagine is low season for this market, so that probably explains the lower price range.  Finally, something to consider is that the property has a 4.70 rating on AirBNB is pretty low, and is potentially costing them (could potentially charge more if this had 5 star rating)

  • Robin Simon
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