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Ithaca

Tompkins County, NY

HOLDLegal

STR Opportunity Score

63
/100
πŸ“ˆDemand
88
πŸ’°Affordability
66
πŸ“‹Regulation
78
🌀️Seasonality
60
πŸ“ŠSaturation
41

Will This Deal Work?

Money You Make vs. Price You Pay
C
OKAY DEAL
RPR: 13.8%
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’΅
$165
Avg ADR
πŸ“…
55%
Occupancy
πŸ’°
$2,722
Monthly Revenue
🏠
$345K
Median Price

πŸ“Š 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
⭐ 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%

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 $4,491/month
2
Add a Boat Dock
Boost revenue by +28%
3
Target $3,403/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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