🔥 (27) STR Homes for Sale | 7-27-24

^{TOGETHER WITH:}

Welcome to this week's STR Scouting Report, brought to you by our valued lending partner, Host Financial.

With rising STR inventory and more deals happening, offers that include an STR loan pre-approval letter have a higher chance of being accepted.

Hello,

We’re headed to Inman Connect next week in Las Vegas to get the inside pulse on the U.S real estate market from industry leaders. You still have time to register for this amazing event, hope to see you there!

🔥 This weeks scouting report:

• Raise STR Capital Today: Great short-term rental (STR) buys are hitting the market every day. It’s time to raise some cash using Agora!

• STR Homes for Sale: Explore (27) new on/off-market STR Homes for Sale in (11) STR markets.

• News Nuggets: Catch up on trending mortgage, AI, and real estate headlines.

Have a great weekend!

Best regards,

Andy Thoms
STR Scout

How to Raise STR Capital, Faster and Easier

Real estate investment. Real growth, real easy.

Looking to take your investment firm to new heights?

Agora's comprehensive real estate investment management platform streamlines your workflow so you can focus on what matters most: growth. Save time on back-office tasks and raise capital faster.

Discover real growth with Agora.

Mountain Retreat with Modern Comforts in Waynesville, NC

🏡 $545K | Waynesville, NC: Stunning 3BD, 3BA home, 1984 sqft, perfect for a peaceful getaway.

• Renovated with modern finishes, open concept design, and ample space for entertaining.

• Enjoy the serene beauty of Waynesville with easy access to local amenities and outdoor adventures.

• Inground Swimming Pool: Perfect for summer relaxation.

• Revenue History or Projections: Average Host: $42k-$84k, Super Host: $84k-$115k

View Property Details 
STR Agent: Tyler Coon
Text or Call: (828) 620-2541
Website

Want to see your property here? Click here to start:

STR CLASSIFIEDS | OFF-MARKET PROPERTIES

💰 STR Loan Quote: Get an STR loan pre-approval letter, DSCR loan, cash-out refi, or rehab loan in minutes.

$1.545M | Sevierville, TN: 3BD, 2BA cabin near Pigeon Forge. Freshly renovated, luxury furniture, sold furnished. Existing seller finance loan at 5.5% available. High annual income. View Post.

$1.15M | Washougal, WA: 3BD, 2BA Jurassic Retreat on 2.03 acres. Sleeps 12, includes Jacuzzi & Jeep. Fully furnished, nature trails nearby. Unique STR with high return potential. View Post.

$985K | Sevierville, TN: 2 cabins on 3.7 acres plus vacant lot. Alpine Lodge: 2BD, 2BA; Bearfoot: 4BD, 3BA with unfinished basement. High annual income. View Post.

$725K | Gatlinburg, TN: 2BD, 2BA cabin with loft bunk room in Chalet Village. Completely remodeled, custom themed treehouse bunks, 1200 sqft. Close to Ober Mountain and downtown. View Post.

$515K | Navarre, FL: 2BD, 2BA, 1088 sqft condo on Navarre Beach. Partially furnished, pristine pool, tennis courts, and private beach access. Ideal for residence or STR. HOA $680/mo. View Post.

$475K | Panama City Beach, FL: 2BD, 2BA home with 2 sleeper sofas, 2 blocks from beach. Features huge fenced backyard with Tiki Bar, fire pit, and garage. GR $54K in 2023. View Post.

$418K | Panama City Beach, FL: 1BD, 2BA condo on 16th floor at Tidewater Beach Resort. Projected $55K GRI for 2024. HOA $1723/quarter, taxes $4500/year, utilities $1200/year. View Post.

STR CLASSIFIEDS | LISTED PROPERTIES  

💸 STR Insurance Quote in seconds to see how much you can save! What are you waiting for?

$1.25M | Bremerton, WA: 4BD, 3BA waterfront home. Direct access to Puget Sound and private beach. Spacious lawn for outdoor activities. Easy ferry access to Seattle. View Post.

$1.25M | Pigeon Forge, TN: 6BD, 6BA cabin with private indoor pool, mountain views, home theater, and game room. New decks, hog wire railing, and roof. Located in Black Bear Ridge. View Post.

$1.05M | Gatlinburg, TN: 2BD, 2 bonus rooms log cabin in Cobbly Nob community. Sleeps 10+, stunning Mt. Leconte views, hot tub, game room. Access to 3 pools, basketball, tennis, and golf. View Post.

$990K | Broken Bow, OK: 3BD, 3BA cabin with unobstructed views. Sleeps up to 11. High-end furnishings, fully furnished by Dallas interior designer. Averaging 60% occupancy. View Post.

$645K | St. Louis, MO: 6BD, 2BA historic home in Compton Heights. Victorian Manor charm with modern amenities. Large turfed backyard, playroom with foosball and pool table. Sleeps 14. View Post.

$615K | Jacksonville Beach, FL: 4BD, 2.5BA home, fully furnished. 2.5 years old. Half-mile to the ocean. Successful Airbnb. Financials available. View Post.

$524K | Corpus Christi, TX: 4BD, 4BA STR with detached garage apartment. Fully functional Airbnb. Move-in ready. View Post.

$474K | Norfolk, VA: 8 new townhouses in Colonial Place. High-end builds with no carpet, LVP flooring, stainless appliances, fireplace, and large primary suite with walk-in closet. Move-in ready. View Post.

$457K | Crystal Beach, TX: 2BD, 2BA with Gulf views from living area and deck. Features hot tub, fenced dog run, and golf cart garage. Fully furnished. Near beach and local eateries. View Post.

$395K | Gatlinburg, TN: 2BD, 2BA, 836 sqft condo in downtown Gatlinburg. Fully renovated with $60K in updates, including new kitchen, bathrooms, and fireplace. Gross income $50K in 2022, $43K in 2023. View Post.

$369K | Panama City Beach, FL: 2BD, 2BA condo, short-term rentals approved. Beach access, gulf view, pool. HOA $1656.16/quarter. $25.5K GR 2023, $30.2K GR 2024. View Post.

$335K | Port Bolivar, TX: 3BD, 2BA beach house, sleeps 10. Turn-key ready. Located in a great community with beach club, pool, lazy river, restaurant, and golf cart trails. View Post.

$320K | Palm Bay, FL: Fully furnished 3BD, 2BA home. Successful Airbnb with great reviews and strong booking track record. Ready for new owner or investor. Financials available. View Post.

$275K | Panama City Beach, FL: 1BD, 1BA condo, steps from the beach. Newly remodeled with new roof, flooring, furniture, and paint. Pool view. View Post.

 $250K | St. Louis, MO: 1BD, 1.5BA waterfront cottage on Breath Bayou. Recently painted, new pier, boat launch, ample parking. Great STR potential. Move-in ready. View Post.

$250K | Myrtle Beach, SC: 2BD, 2BA, 992 sqft condo in Riverwalk community. Indoor/outdoor pools, luxury vinyl plank flooring, updated kitchen and baths. View Post.

$200K | Ft. Walton Beach, FL: Studio with boat slip for up to 28' boats. Turnkey STR potential. Boat slip can be rented separately. Ideal for maximizing investment. View Post.

$195K | Manhattan, KS: 3BD, 2BA, 1404 sqft home. Fully furnished, turnkey with management in place. Cleared $2016/month in 2023. Great access to KSU, NBAF, and Ft. Riley. View Post.

$180K | Birmingham, AL: 2BD, 1BA home. Solid bookings with a 5-night minimum, primarily rented by companies for employees. View Post.

$145K | Mountain Home, AR: 1BD, 1BA cabin near Lake Norfork. New construction with luxury vinyl plank flooring, new appliances, central HVAC. Ample parking and boat/trailer space. View Post.

TOGETHER WITH VACASA

💼 STR Property Management: Get a free STR income report that pulls “actual STR rental comps” near your property! Discover full service management with Vacasa, the nations largest STR manager.

TRENDING NEWS NUGGETS

❄ Market Cools: Housing frenzy eases as more listings and fewer bidding wars lead to price cuts. With competition decreasing, especially in the South, buyers gain leverage. Mortgage rates dip, but affordability remains a challenge. Investors should seize opportunities in shifting markets — Fortune

📉 Mortgage Rates Hit 4-Month Lows: Anticipation of Fed rate cuts and lower Treasury yields drop 30-year fixed mortgage rates to 6.87%, sparking a 3.9% rise in new applications and a 15% surge in refinancing. This trend boosts real estate investments, offering lucrative refinancing and acquisition opportunities — Benzinga

🔥 Stale Listings Surge: Nearly 65% of homes listed in June sat on the market over a month due to high costs and rising supply. With record inventory gains and more listings going stale, investors can capitalize on price adjustments and motivated sellers, especially in Texas and Florida — Redfin

💔 Record Cancellations: In June, 56,000 home deals fell through, the highest rate on record, as buyers balked at high costs and mortgage rates. With 20% of listings dropping prices and inventory piling up, investors can find opportunities in motivated sellers and adjusting market dynamics — Redfin

📈 Southern Housing Surge: New homes for sale in the US South hit a record high, mainly due to excess inventory in Florida and Texas. This glut might soon lower prices, providing a unique opportunity for short-term rental investors to acquire properties at better rates — Yahoo News

🔍 AI Showdown: OpenAI launches SearchGPT, a new search engine integrating real-time web info with AI for conversational searches, directly challenging Google's dominance. This innovation may reshape how users find property info and market trends, crucial for staying ahead in short-term rental investments — CNN

🌴 Remote STR Dreams: YouTuber Sofia Web lists a premium 3-bedroom condo in Cabo San Lucas, set up for digital nomads and remote worker extended stays. We’re on this journey ourselves, scouting the globe to bring you STR opportunities for affordable live, work, play lifestyle investments — CB Herald

💼 STR Property Management: Get a free STR income report that pulls “actual STR rental comps” near your property! Discover full service management with Vacasa, the nations largest STR manager.