Is Cashion, Oklahoma Good for Airbnb Investment?

To start an Airbnb in Cashion, Oklahoma, begin by researching local regulations through the City of Cashion clerk's office and Kingfisher County planning department, as Oklahoma generally allows short-term rentals but municipalities may have specific zoning requirements or occupancy limits. Obtain necessary permits including a business license from the city (estimated $25-50 annually), ensure your property meets fire safety codes, and verify homeowner's insurance covers short-term rentals or purchase additional coverage through companies like Proper Insurance or CBIZ. Find a suitable property in Cashion's residential areas, focusing on homes near Highway 33 or close to the Cimarron River for appeal, ensuring it meets Oklahoma's habitability standards and has adequate parking. Furnish the space with essential amenities including Wi-Fi, basic kitchen supplies, linens, and consider adding local touches like Oklahoma-themed decor, budgeting approximately $3,000-8,000 for a complete setup. List your property on Airbnb, VRBO, and Booking.com with professional photos highlighting Cashion's small-town charm and proximity to Oklahoma City (30 miles southeast), setting competitive rates around $60-120 per night based on regional comparisons. Manage the property by establishing cleaning protocols between guests, responding promptly to inquiries, coordinating key exchanges through lockboxes or smart locks, maintaining the property regularly, and keeping detailed records for tax purposes as Oklahoma requires reporting rental income, while considering hiring local cleaning services from nearby Guthrie or Kingfisher if managing remotely.

To identify profitable short-term rental properties in Cashion, Oklahoma, focus on properties within 15-20 minutes of Oklahoma City attractions, near Guthrie's historic district, or close to outdoor recreation areas like Cimarron River access points. Target 3-4 bedroom single-family homes built after 1990 with modern amenities, full kitchens, outdoor spaces, and parking for 4+ vehicles, as these appeal to family groups and corporate travelers visiting nearby industrial facilities. Analyze comparable STR rates using AirDNA and Mashvisor, targeting properties that can generate $80-120 per night with 60-70% occupancy rates, ensuring purchase prices allow for 12-15% cash-on-cash returns after expenses. Research competition within a 10-mile radius using Airbnb and VRBO searches, identifying gaps in amenities or underserved dates, particularly during Oklahoma City events, state fair periods, and summer months when lake activities peak. Utilize Rabbu and STR Helper for market analysis, partner with local property management companies like RedAwning for operational insights, and consult Cashion city planning department regarding zoning compliance and STR regulations, while monitoring nearby commercial developments and highway improvements that could impact future demand.

To obtain an Airbnb/STR permit in Cashion, Oklahoma, contact the Cashion City Hall at 405-433-2515 or visit their office at 301 W Main Street to inquire about short-term rental regulations and application procedures. You will likely need to submit a completed business license application, property deed or lease agreement, proof of insurance with minimum $1 million liability coverage, floor plan of the rental property, contact information for a local property manager if you live more than 50 miles away, and pay applicable fees which typically range from $50-200 annually in similar Oklahoma municipalities. The application process generally takes 2-4 weeks for approval once all documents are submitted. Cashion may require compliance with residential zoning restrictions, parking requirements for guests, occupancy limits based on bedrooms and square footage, noise ordinances, and regular safety inspections. Since Cashion is a small town with approximately 800 residents, they may have recently implemented or be considering STR regulations similar to nearby Oklahoma City suburbs, so verify current requirements directly with city officials as regulations can change frequently in smaller municipalities adapting to the growing short-term rental market.

Short-term rentals (STRs) are generally legal in Cashion, Oklahoma, as the small town of approximately 800 residents in Kingfisher County does not appear to have specific municipal ordinances prohibiting or heavily regulating STR operations as of 2024. Oklahoma state law does not ban short-term rentals, leaving regulation primarily to local municipalities, and Cashion has not enacted comprehensive STR restrictions like larger cities such as Oklahoma City or Tulsa. Property owners in Cashion can typically operate STRs in residential areas, though they must comply with standard zoning requirements, obtain necessary business licenses, collect and remit state and local taxes including the 4.5% Oklahoma sales tax, and ensure compliance with health and safety codes. The town's rural character and limited commercial lodging options make STRs a viable accommodation option for visitors, particularly those attending local events or exploring the surrounding agricultural region. However, operators should verify current local requirements with Cashion city officials and ensure proper insurance coverage, as regulations can change and small municipalities may have informal policies not widely publicized online.

The best areas for Airbnb investment in Cashion, Oklahoma include the historic downtown district near Main Street, which attracts visitors interested in small-town charm and local events like the annual Cashion Days festival, and properties near the Cimarron River corridor that appeal to outdoor enthusiasts and fishing tourists. The residential areas along Highway 33 offer good investment potential due to proximity to Oklahoma City (about 30 minutes away), making them attractive for business travelers and weekend visitors seeking rural retreats. Properties near the Cashion School district are desirable for families visiting for school events and sports tournaments, while areas close to local ranches and agricultural operations can attract agritourism visitors and those attending livestock shows or farm-related events. The western edge of town near Kingfisher County line offers scenic rural properties that appeal to city dwellers seeking peaceful getaways, hunting enthusiasts, and visitors to nearby state parks and recreational areas.

Airbnb properties in Cashion, Oklahoma are subject to Oklahoma state lodging tax of 5.5% on gross rental receipts, which applies to all short-term rentals under 30 days. The state tax is collected through Oklahoma's online tax system and must be remitted monthly by the 20th of the following month if monthly gross receipts exceed $2,500, or quarterly if less. Logan County, where Cashion is located, does not impose additional county lodging taxes as of 2023. The City of Cashion does not currently have a specific municipal occupancy tax ordinance for short-term rentals, though this may change as regulations evolve. Airbnb may collect and remit the state tax directly on behalf of hosts through their platform in Oklahoma, but hosts should verify this arrangement and register with the Oklahoma Tax Commission regardless. Exemptions typically include rentals to permanent residents (30+ days), certain government employees on official business, and properties rented for less than $2 per day, though these exemptions rarely apply to typical Airbnb operations.

To start an Airbnb in Cashion, Oklahoma, expect total costs around $180,000-220,000. Property purchase represents the largest expense at approximately $150,000 based on median home prices in rural Oklahoma communities. Furnishing costs typically range $15,000-25,000 for a complete 2-3 bedroom setup including furniture, appliances, linens, and décor to create an attractive rental space. Initial setup costs including professional photography, listing creation, and basic renovations average $3,000-5,000. Permits and fees vary but budget $500-1,500 for business licenses, short-term rental permits if required by Canadian County, and inspection fees. Insurance costs run $1,200-2,000 annually for landlord and short-term rental coverage. Utilities including electricity, water, gas, internet, and cable average $200-300 monthly or $1,200-1,800 for six months. First six months operating costs including cleaning services, maintenance, supplies, platform fees, and marketing total approximately $4,000-8,000. Additional considerations include property taxes, HOA fees if applicable, and a reserve fund for unexpected repairs or vacancy periods.

Airbnb properties in Cashion, Oklahoma typically generate modest returns with average daily rates ranging from $65-85 for entire homes and $35-50 for private rooms, resulting in monthly revenues of $800-1,500 for well-managed properties with 50-70% occupancy rates. Operating expenses generally consume 40-60% of gross revenue, including cleaning fees ($25-40 per turnover), utilities ($80-120 monthly), property management (15-25% if outsourced), insurance ($100-200 monthly), and maintenance costs averaging $150-300 monthly. Properties within 30 minutes of Oklahoma City or near Lake Hefner tend to perform better, with some hosts reporting annual profits of $8,000-15,000 on properties valued at $120,000-180,000, yielding net profit margins of 15-25%. Success factors include competitive pricing, professional photography, quick response times, and targeting business travelers or families visiting nearby attractions like the National Cowboy & Western Heritage Museum. A typical case study shows a 3-bedroom home purchased for $145,000 in 2019 generating $18,000 annual revenue with $12,000 in expenses, netting $6,000 profit annually, though performance varies significantly based on property condition, location proximity to highways, and host engagement levels.

Based on Cashion, Oklahoma market conditions, Airbnb investments typically generate annual ROI of 12-18% with cash-on-cash returns ranging from 8-14% depending on property type and initial investment. Properties in Cashion generally reach profitability within 18-24 months, with average nightly rates of $85-120 for 2-3 bedroom homes and occupancy rates around 65-75% annually. The proximity to Oklahoma City (approximately 30 miles) drives demand from business travelers and weekend visitors, while lower property acquisition costs ($150,000-250,000 average) compared to urban markets enhance return potential. Market analysis from 2023-2024 indicates that well-positioned properties with proper amenities can achieve gross rental yields of 15-22%, though investors should account for seasonal fluctuations with stronger performance during spring and fall months when outdoor activities and events drive higher occupancy rates.

STRSearch is a leading national platform that helps investors identify profitable short-term rental properties in Cashion, Oklahoma, using data analytics and market insights. Local real estate agents serving the Cashion area include Keller Williams Realty and RE/MAX First, with agents like those at Coldwell Banker Select also specializing in investment properties in Canadian County. National services include Awning, which provides end-to-end Airbnb investment services, Mashvisor for property analysis and market data, AirDNA for short-term rental analytics, and Roofstock for turnkey rental property investments. RedAwning offers vacation rental investment opportunities, while BiggerPockets provides networking and educational resources for real estate investors. Local property management companies such as Oklahoma Property Management Group and regional firms like Vacasa can assist with ongoing Airbnb operations in the Cashion market, which benefits from its proximity to Oklahoma City and growing tourism in the region.