Short Term Rental Investment Properties for Sale in Monticello, KY

Monticello, KY, is an attractive location for short-term rental investments, driven by its growing tourism sector and steady rental demand. Short-term rentals here benefit from an average rental yield of 8.2% and a cap rate of approximately 6.5%, providing excellent return potential. The area's average cash flow sits around $1,200 monthly, supported by an average rent of $1,000. With property appreciation rates near 4%, investors can expect both income and asset growth. The renter-occupied rate stands robustly at 58%, signaling a strong rental market.