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Updated over 1 year ago, 07/27/2023
Air DNA Numbers
I currently own 2 LTR properties. Was thinking about a STR. I live about 1.5 hours from Galveston, usually visit once a year. How accurate do you find AirDNA site to be? I plugged in a million dollar ocean front property 3 bed and it estimated about 44k revenue a year, 42% occupancy rate. I then plugged in one of my LT rentals in a small town and it came back as 105k revenue. I live in a small town that has very little tourism. I just cant fathom that a house on the beach in Galveston, an hour away from Houston, one of the biggest cities in the country, would get half the revenue of a house in a sleepy small town. Or maybe I should quite thinking and just trust Air DNA numbers.