Performance indicators for the Bridgeport short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
Challenging to Investors
STRs are effectively limited to owner-occupied bed and breakfasts with up to five rooms, which eliminates most non-owner-occupied rental models. Compliance requires zoning verification, building permits, inspections, and possibly special use permits, with additional state health/safety obligations. While permitted in multiple districts and not heavily capped, the operator-occupancy rule and multi-step permitting create meaningful constraints for investors.
Bridgeport is a city in Lawrence County, Illinois, United States. The population was 1,886 at the 2010 census.
