AirDNA Data: US→ North Carolina→ Mill Spring
How is Mill Spring performing?
63
Good
79
Investability
26
Rental Demand
33
Revenue Growth
52
Seasonality
49
Regulation
Annual Revenue
$23.4K
+3%
past year
Occupancy Rate
41%
+4%
past year
Average Daily Rate
$288.2
+3%
past year
Revenue per Available Rental (RevPAR)
$123.6
+6%
past year
Mill Spring Performance Details
Total available listings
250
+3%
past year
Listings by rental channel
Airbnb (36%)
Vrbo (24%)
Both (39%)
Listings by rental size
1 Bedroom (37%)
2 Bedroom (26%)
3 Bedroom (17%)
4 Bedroom (8%)
5+ Bedroom (11%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (24%)
91-180 nights (21%)
181-270 nights (24%)
271-365 nights (31%)
Listings by rental type
Entire Home (98%)
Private Room (2%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (6.2%)
Moderate (57.6%)
Strict (28.4%)
Super Strict (7.8%)
Listings by Minimum Stay
1 Night (0.4%)
2 Nights (60.0%)
3 Nights (16.0%)
4-6 Nights (4.0%)
7-29 Nights (1.2%)
30+ Nights (18.4%)
What amenities do listings have?
Aircon
98%
Parking
97%
Heating
96%
Internet
96%
Wireless Internet
91%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 6 | -0.1% | 143 | 4.70 |
Cielo Property Group | 5 | 4.0% | 84 | 4.80 |
Carolina Properties | 4 | -0.2% | 130 | 4.85 |
Yonder | 4 | 3.0% | 1 | 5.00 |
Vacasa | 2 | -0.5% | 37 | 4.63 |
Occupancy
Occupancy Rate
41%
+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
$2,336,592
+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)
$41
+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
$41
-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
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