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Banner Elk
Avery County, NC
AVOIDLegal
STR Opportunity Score
51
/100
πDemand
82
π°Affordability
55
πRegulation
82
π€οΈSeasonality
78
πSaturation
49
Will This Deal Work?
Money You Make vs. Price You Pay
F
BAD DEAL
RPR: 8.4%
Can You Pay the Bills?
β
Risky
May struggle with payments
THE BOTTOM LINE β
Skip this one. You might struggle to cover your expenses.
π΅
$245
Avg ADR
π
52%
Occupancy
π°
$3,822
Monthly Revenue
π
$545K
Median Price
π 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
β Best
π 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%π Market Saturation
Competition LevelHIGH
High competition - focus on unique amenities to stand out.
π― 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
π Regulation Status
Legal
Short-term rentals are allowed in this area. Always verify local ordinances before purchasing.