HomeStakes Top Properties List 10/3/23

Welcome to this weeks exclusive list of some of the most lucrative vacation rental properties across the country! This week we dive into properties across California, Arizona, and Colorado that standout as short-term rental markets.

For those new to our lists, or who need a refresher on our criteria and terms used in our lists, please review our post covering HomeStakes Top Property Lists. Here, you'll find all the details on how we break these lists down and the key criteria we are evaluating on and why.

This list is designed to save you time and stress when navigating the vacation rental property market, and ultimately make your next investment decision easier and faster. Our team of experts has carefully curated this weekly list based on criteria such as estimated revenue, occupancy rate, daily rate, and all other crucial factors that contribute to a property's success.

If you are not looking to currently buy investment properties, you can learn more about real estate investing with our other resources HERE.

Dive into our top properties of the week and discover what makes them stand out in the vacation rental market. Equip yourself with the knowledge you need to make informed decisions and excel in your vacation rental property investment journey!

California Vacation Homes

63054 Rocking Chair Rd, Joshua Tree, CA 92252

List Price: $1,500,000
Accommodations: 4 Bed / 2 Bath - 1,693 SF on 7.5 Acres
Total estimated revenue: $120,932
Occupancy rate: 70%
Daily rate: $473
NOI: $92,000
Location: B+
Pros: 1700-square-foot ranch-style residence with 4 Beds, 2 baths, was previously a high-performing vacation rental, star landing lookout point, cowboy pool, the interior of the house is surrounded by a LED color-changing lights.
Notes: An ideal place to call home, see listing for previous rental history

7837 Sunny Vista Rd, Joshua Tree, CA 92252

List Price: $595,000
Accommodations: 3 Bed / 2 Bath - 1,923 SF on 0.47 Acres
Total estimated revenue: $64,838
Occupancy rate: 56%
Daily rate: $317
NOI: $43,000
Location: B+
Pros: Spacious and chic 1923 sq ft villa with a designer desert inspired interior is comprised of 3 bedrooms, 2 baths, the garage is wired to charge your EV, there's a large patio with hot tub, Located in the shadow of the Little San Bernardino mountains and the North border of the national park, just steps away from a great hiking trail into the park and close to the main park gate and JT Village, gorgeous sunrises and sunsets.
Notes: Updated home, backyard need a little bit of upgrade.

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