STR market comparison

Denver vs Destin

Two markets, one purchase decision. Compare the ranges, the booking calendar and what must be checked for an actual address.

Decision in brief

Both published purchase ranges start at $600,000; the property-level costs will decide the entry gap. The ranges overlap, so price alone will not settle the choice. Destin has the higher midpoint of the estimated annual net range ($27,000 versus $14,000). That is a screening observation, not a property return or a forecast.

Published market ranges are screening estimates assembled from closings and active comparables. They are not returns promised for a specific property. Read how the estimates were assembled and the underlying Denver market guide and Destin market guide; refresh comparables, costs and permit status before an offer.

At a glance

Side-by-side market ranges

Short-term rental estimates for Denver and Destin
MetricDenverDestin
Purchase price$600,000 - $1,100,000$600,000 - $1,400,000
Average daily rate$210 - $370$290 - $540
Occupancy58% - 68%56% - 65%
Annual gross revenue$55,000 - $105,000$78,000 - $175,000
Annual net cash flow$6,000 - $22,000$14,000 - $40,000
Demand patternSteady year round, with summer and ski-season weekends strongestMarch through August, with spring break and summer carrying most of the year
The real tradeoff

What changes the decision

Acquisition budget and cash flow

Both published purchase ranges start at $600,000; the property-level costs will decide the entry gap. The ranges overlap, so price alone will not settle the choice. Destin has the higher midpoint of the estimated annual net range ($27,000 versus $14,000). That is a screening observation, not a property return or a forecast. Compare actual down payment, closing costs, furnishing, reserves, insurance and debt service before treating either range as an investment result.

Guest demand and calendar

Denver is driven by urban and mountain access: Steady year round, with summer and ski-season weekends strongest. Destin is driven by Gulf beach vacations: March through August, with spring break and summer carrying most of the year. Build a monthly model for each; equal annual gross estimates can conceal different low-season cash needs.

Property-level checks

  • Denver: Identify the exact guest trip driver and verify local rental eligibility before using a metro-wide comparable set.
  • Destin: Underwrite beach access, parking, storm exposure and the spring-to-summer revenue concentration at the address level.

For either market, confirm permit eligibility, HOA or building rules, comparable listing quality and a written cost estimate for the property under consideration. Market averages cannot substitute for those checks.

Need help choosing a market?

Bring a real budget and purchase brief. We can discuss which markets fit and which assumptions need checking.

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