Back to NY
Ithaca
Tompkins County, NY
HOLDLegal
STR Opportunity Score
63
/100
πDemand
88
π°Affordability
66
πRegulation
78
π€οΈSeasonality
60
πSaturation
41
Will This Deal Work?
Money You Make vs. Price You Pay
C
OKAY DEAL
RPR: 13.8%
Can You Pay the Bills?
β
Risky
May struggle with payments
THE BOTTOM LINE β οΈ
Skip this one. You might struggle to cover your expenses.
π΅
$165
Avg ADR
π
55%
Occupancy
π°
$2,722
Monthly Revenue
π
$345K
Median Price
π Income by Property Size
Monthly revenue estimates by bedroom count
1BR
$1,497
2BR
$2,041
3BR
$2,722
4BR
$3,402
5BR
$3,946
6BR+
$4,491
β Best
π 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%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 $4,491/month
2
Add a Boat Dock
Boost revenue by +28%
3
Target $3,403/month
Top 25% performer income goal
π Regulation Status
Legal
Short-term rentals are allowed in this area. Always verify local ordinances before purchasing.