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Lake Norman
Iredell County, NC
AVOIDLegal
STR Opportunity Score
57
/100
📈Demand
74
💰Affordability
52
📋Regulation
76
🌤️Seasonality
69
📊Saturation
39
Will This Deal Work?
Money You Make vs. Price You Pay
C
OKAY DEAL
RPR: 12.5%
Can You Pay the Bills?
✗
Risky
May struggle with payments
THE BOTTOM LINE ❌
Skip this one. You might struggle to cover your expenses.
💵
$205
Avg ADR
📅
55%
Occupancy
💰
$3,382
Monthly Revenue
🏠
$485K
Median Price
📊 Income by Property Size
Monthly revenue estimates by bedroom count
1BR
$1,860
2BR
$2,536
3BR
$3,382
4BR
$4,227
5BR
$4,903
6BR+
$5,580
⭐ Best
🏠 Top Amenities for This Market
Add these to boost your revenue
MUST HAVEBoat Dock
+28%MUST HAVELake View
+18%HIGH IMPACTKayaks/Paddleboards
+15%HIGH IMPACTFire Pit
+12%NICE TO HAVEHot Tub
+16%📈 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 $5,580/month
2
Add a Boat Dock
Boost revenue by +28%
3
Target $4,228/month
Top 25% performer income goal
📋 Regulation Status
Legal
Short-term rentals are allowed in this area. Always verify local ordinances before purchasing.