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Updated almost 6 years ago on . Most recent reply

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Julie Fullmer
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How to figure out if STR will work in a 'new to you' area?

Julie Fullmer
Posted

We are probably moving to the Yuma area in the next couple months and I was wondering if there is a good way to figure out if there is a viable market for Short Term Rentals? There are some in the area but is there a way to find out how well they do? We are looking at different ways to house hack and looking at properties with that in mind... Thanks for your help! 

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Jon Crosby
  • Investor
  • Roseville, CA
1,136
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Jon Crosby
  • Investor
  • Roseville, CA
Replied

@Julie Fullmer  You can get some high level info here from airdna.co. 

https://www.airdna.co/vacation...

The fact that it's showing only 137 active rentals likely means there is not much of a market there however.  That being said you could always look for business in the area that might need STRs for traveling employees or you might just be better off doing a long term rental with any extra space. 

Best of luck on your move to Yuma! 

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