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Banner Elk

Avery County, NC

AVOIDLegal

STR Opportunity Score

51
/100
πŸ“ˆDemand
82
πŸ’°Affordability
55
πŸ“‹Regulation
82
🌀️Seasonality
78
πŸ“ŠSaturation
49

Will This Deal Work?

Money You Make vs. Price You Pay
F
BAD DEAL
RPR: 8.4%
Can You Pay the Bills?
βœ—
Risky
May struggle with payments
THE BOTTOM LINE ❌

Skip this one. You might struggle to cover your expenses.

πŸ’΅
$245
Avg ADR
πŸ“…
52%
Occupancy
πŸ’°
$3,822
Monthly Revenue
🏠
$545K
Median Price

πŸ“Š Income by Property Size

Monthly revenue estimates by bedroom count

1BR
$1,720
2BR
$2,866
3BR
$3,822
4BR
$5,160
5BR
$6,306
6BR+
$7,453
⭐ Best

🏠 Top Amenities for This Market

Add these to boost your revenue

MUST HAVEHot Tub
+22%
MUST HAVEFireplace
+15%
HIGH IMPACTGame Room
+18%
HIGH IMPACTMountain Views
+12%
NICE TO HAVEFire Pit
+8%

πŸ“ˆ Market Saturation

Competition LevelHIGH

High competition - focus on unique amenities to stand out.

🎯 Your Next Steps

1
Search for 6BR+ properties
Best income potential at $7,453/month
2
Add a Hot Tub
Boost revenue by +22%
3
Target $4,778/month
Top 25% performer income goal

πŸ“‹ Regulation Status

Legal

Short-term rentals are allowed in this area. Always verify local ordinances before purchasing.

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