Casa Louzon
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Rental Grade
Rentability:
A
Avg. Daily Rate:
A
Occupancy:
B
Location Grade
Beach:
A+
View:
A+
Location:
B+
Property Details
Investment Info
Price:
ROI:
Casa Louzon Overview
Property Description:
This property in the Flamingo Point is a 4 bedroom ocean view villa with a large pool. This area only has a few 4 bedroom vacation rentals, this property being one of them. This property, although having a great view, lags behind all of the comparable properties nearby as it is a road behind the beach, while all the other area beach front or on the point.
From the AIRDNA data this property charges an average daily rate of $744 and achieves an occupancy of 38%. The occupancy could definitely be brought up with only additional investment in the property manager and advertising, but the ADR is appropriate for a property in this area. Over 1 year this would return 3.6%, roughly $115,000.