This website uses cookies

Read our Privacy policy and Terms of use for more information.

Issue No. 71 · The Deal Drop

4

Properties

$200K

Top Revenue

21%

Top ROI

📋 What’s Inside This Drop

Four different angles, four different markets — here’s the quick read on what’s worth a deeper look this drop.

  1. Property 1 — Leicester, NC: $899K STR opportunity generating projected ~$170K/year (~19% ROI) with proven six-figure revenue, luxury guest amenities, and a private mountain setting just 15 minutes from downtown Asheville.

  2. Property 2 — Indianapolis, IN: $400K STR opportunity generating projected ~$90K/year (~21% ROI) with a five-bedroom layout, newer construction, and easy access to Downtown Indianapolis' top sports, entertainment, and convention venues.

  3. Property 3 — Melbourne Beach, FL: $1.23M STR opportunity generating projected ~$200K/year (~16% ROI) with a professionally designed six-bedroom layout, private pool, and resort-style amenities in one of Florida's few purpose-built vacation rental communities.

  4. Property 4 — Panama City Beach, FL: $749K STR opportunity generating projected ~$120K/year (~16% ROI) with a proven rental history, walkable beach access, and a professionally themed guest experience that stands out in one of Florida's strongest vacation rental markets.

🏠 The Properties

We pressure-tested hundreds of listings this week. Here’s the shortlist — ranked by projected ROI after expenses.

📋 4 Beds • 3 Baths • 2,122 sqft

🏷️ Price: $899,000

💵 Projected Annual: $170K

📈 Est. Gross ROI: 19%

Why it made the cut:

  • Offered fully furnished and turnkey, allowing investors to generate income immediately with minimal additional setup

  • Private 1+ acre setting delivers the secluded mountain experience guests seek while remaining just 15 minutes from downtown Asheville

  • Amenity-rich guest experience includes a cedar sauna, hot tub, fire pit, expansive game room, arcade games, shuffleboard, air hockey, poker table, and multiple indoor and outdoor gathering spaces

  • Four-bedroom layout comfortably accommodates families and larger groups, supporting higher occupancy and premium nightly rates

  • Distinctive custom interiors, hand-painted murals, and designer finishes create a memorable stay that stands out in a competitive STR market

  • Convenient access to the Blue Ridge Parkway, Biltmore Estate, River Arts District, West Asheville, hiking, breweries, and year-round attractions supports consistent demand

📋 5 Beds • 4 Baths • 2,288 sqft

🏷️ Price: $399,995

💵 Projected Annual: $90K

📈 Est. Gross ROI: 21%

Why it made the cut:

  • Built in 2019, offering modern construction, updated systems, and lower near-term maintenance costs

  • Five-bedroom, four-bath layout comfortably accommodates larger groups, corporate travelers, and event-related bookings

  • Open-concept design with a spacious kitchen and large gathering areas enhances the guest experience for families and group stays

  • Minutes from Lucas Oil Stadium, Gainbridge Fieldhouse, Mass Avenue, the Indiana Convention Center, and Downtown Indianapolis' top attractions

  • Convenient access to the Monon Trail, major highways, restaurants, breweries, and year-round entertainment supports consistent booking demand

  • Flexible floor plan with a main-level bedroom and full bath appeals to multi-generational families and extended-stay guests

📋 6 Beds • 7 Baths • 4,075 sqft

🏷️ Price: $1,225,000

💵 Projected Annual: $200K

📈 Est. Gross ROI: 16%

Why it made the cut:

  • Located in a community specifically designed to support short-term rentals, with no minimum or maximum stay restrictions for owners or guests

  • Spacious six-bedroom, 6.5-bath layout comfortably accommodates large families and group vacations, supporting premium nightly rates

  • Private pool, covered lanai, and professionally designed interiors create a luxury guest experience from day one

  • Unique themed design, including a dedicated children's bedroom, helps the property stand out in search results and encourages repeat bookings

  • Optional professional property management provides a true hands-off ownership experience for out-of-state investors

  • Short walk to private beach access, with resort amenities including a spa, boat slips, and Intracoastal access

📋 5 Beds • 5 Baths • 2,394 sqft

🏷️ Price: $749,000

💵 Projected Annual: $120K

📈 Est. Gross ROI: 16%

Why it made the cut:

  • Distinctive French-inspired design creates a memorable guest experience that helps the property stand out in search results and encourages repeat bookings

  • Five-bedroom, 4.5-bath layout comfortably accommodates larger families and group travelers, supporting higher occupancy and premium nightly rates

  • Short walk to Panama City Beach's white-sand beaches, giving guests easy access without premium beachfront pricing

  • Private elevator and attached garage provide premium conveniences that enhance the guest experience and differentiate the property from competing townhomes

  • Community pool adds a sought-after resort-style amenity without the maintenance costs of a private pool

  • Turnkey opportunity with an established brand identity, allowing investors to continue operating with minimal startup effort

Want the full deal packet on any of these? Reply “DEAL #” to this email and we’ll send the full numbers, photos, and market comps.

Prefer to skip the reply and get matched to deals like these on autopilot?

📍 Market of the Week: Downtown Indianapolis

Why Downtown Indianapolis continues to stand out for STR investors: a 95 Submarket Score, shrinking inventory, and steady demand from conventions, sporting events, and business travel are supporting resilient year-round performance.

The three levers driving performance right now:

  • Supply is tightening while occupancy improves — Active listings have declined (-11.7%) while occupancy has increased to 59% (+2.4% YoY), signaling stronger demand absorption in a more constrained market.

  • Stable revenue growth despite ADR normalization — Annual revenue has grown (+3.6%) even as ADR has remained relatively flat, demonstrating that improved booking volume is supporting overall market performance.

  • Event-driven urban demand — Lucas Oil Stadium, Gainbridge Fieldhouse, the Indiana Convention Center, and a walkable downtown filled with restaurants and entertainment create diverse demand from sports fans, convention attendees, business travelers, and weekend visitors.

Downtown Indianapolis is a supply-constrained, event-driven STR market where improving occupancy and a shrinking inventory base continue to strengthen long-term investment fundamentals.

🎯 Your Shortcut: The Market Match Call

Skip the guesswork. Tell us your budget, risk tolerance, and the kind of returns you’re chasing — we’ll match you with markets and deals that actually fit, before they hit the wider market.

💡Vendor Spotlight

That’s the pulse for today. Hit reply and tell us which headline surprised you most — real humans read every response.

— The Deal Drop Team 💧

Keep Reading