AirDNA Data: US→ North Carolina→ Mill Spring
How is Mill Spring performing?
71
Good
85
Investability
62
Rental Demand
68
Revenue Growth
62
Seasonality
70
Regulation
Annual Revenue
$22.1K
+3%
past year
Occupancy Rate
40%
+4%
past year
Average Daily Rate
$264.8
+3%
past year
Revenue per Available Rental (RevPAR)
$106.1
+6%
past year
Mill Spring Performance Details
Total available listings
203
+3%
past year
Listings by rental channel
Airbnb (32%)
Vrbo (15%)
Both (53%)
Listings by rental size
1 Bedroom (42%)
2 Bedroom (21%)
3 Bedroom (19%)
4 Bedroom (7%)
5+ Bedroom (11%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (6%)
91-180 nights (12%)
181-270 nights (14%)
271-365 nights (68%)
Listings by rental type
Entire Home (96%)
Private Room (4%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (20.6%)
Moderate (31.4%)
Strict (32.4%)
Super Strict (15.7%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (63.1%)
3 Nights (17.2%)
4-6 Nights (3.4%)
7-29 Nights (0.0%)
30+ Nights (16.3%)
What amenities do listings have?
Aircon
98%
Heating
97%
Parking
97%
Internet
96%
Wireless Internet
96%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 7 | 0.2% | 187 | 4.76 |
Yonder | 6 | 0.5% | 12 | 4.92 |
Cielo Property Group | 5 | 0.0% | 112 | 4.81 |
Carolina Properties | 4 | -0.2% | 196 | 4.85 |
Vacasa | 3 | 0.0% | 63 | 4.61 |
Occupancy
Occupancy Rate
40%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat percentage of the month was occupied?
Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Revenue
Average revenue
$2,210,544
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow much revenue did listings earn per month?
Average revenue over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Rates
Revenue per available rental (RevPAR)
$40
+5%
past year
Revenue per available rental
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat was the average daily rate?
Average daily rate over the last 5 years
-3%
past year
2023
2022
2021
2020
2019
2018
Revenue per available rental (RevPAR)
Revenue per available rental
$40
-7%
past year
Weekend revenue per available rental (RevPAR)
Register to see moreBest Month
Register to see moreWhat percentage of the month was occupied?
Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Smart Investments Happen Here
AirDNA’s powerful yet easy-to-use tools make hosting and investing a breeze.
This means having every insight you need, all in one place, always up-to-date.
Start exploring for free