Is Coffeyville, Kansas Good for Airbnb Investment?

To start an Airbnb in Coffeyville, Kansas, begin by researching local zoning laws and regulations through the Coffeyville City Hall at 807 Walnut Street, as the city may require business licenses or special permits for short-term rentals, though Kansas generally has fewer restrictions than larger metropolitan areas. Contact the Montgomery County Clerk's office to understand any county-level requirements and check if you need a transient guest tax permit. Find a suitable property by searching local real estate listings through agents familiar with Coffeyville's neighborhoods like those near Walter Johnson Park or the historic downtown area, ensuring the property meets safety codes and has adequate parking. Obtain necessary permits including a business license from Coffeyville City Hall (estimated cost $25-50), ensure compliance with fire safety codes through the local fire department, and verify your homeowner's insurance covers short-term rentals or purchase additional coverage. Furnish the property with essential amenities including quality bedding, kitchen supplies, WiFi, and local guidebooks highlighting attractions like the Dalton Defenders Museum and Pfister Park. Create your Airbnb listing with professional photos, competitive pricing (likely $60-90 per night based on regional rates), and descriptions emphasizing Coffeyville's small-town charm and proximity to larger Kansas cities. Manage your property by establishing cleaning protocols between guests, maintaining responsive communication, and potentially partnering with local cleaning services since Coffeyville's smaller market may require more hands-on management to ensure consistent bookings and positive reviews.

To identify profitable short-term rental properties in Coffeyville, Kansas, focus on locations near the Coffeyville Community College, downtown historic district, and proximity to major employers like CVR Energy refinery and Sherwin-Williams. Target 2-4 bedroom single-family homes or duplexes built after 1950 with updated kitchens, reliable HVAC systems, and parking availability, as these appeal to business travelers and visiting families. Analyze pricing by researching comparable properties on Airbnb and VRBO within a 25-mile radius, aiming for properties under $80,000 that can generate $75-120 per night during peak periods (college events, refinery maintenance schedules). Competition research should examine the limited existing STR inventory in Montgomery County, focusing on occupancy rates of properties near Interstate 169 and US-166 corridors. Utilize tools like AirDNA for market analysis, Mashvisor for investment calculations, and local resources including the Coffeyville Chamber of Commerce for event calendars, Montgomery County property records for comparable sales, and networking with local real estate agents familiar with the industrial workforce housing needs that drive consistent demand in this small Kansas market.

To obtain an Airbnb/STR permit in Coffeyville, Kansas, contact the Coffeyville City Clerk's office at City Hall located at 810 Walnut Street or call (620) 252-6000 to inquire about short-term rental licensing requirements, as the city may require a business license and special use permit for rental properties operating less than 30 days. Required documents typically include a completed business license application, property deed or lease agreement, proof of liability insurance ($1 million minimum coverage), floor plan of the rental unit, emergency contact information, and parking plan showing adequate off-street parking spaces. Application fees generally range from $50-150 for the business license plus $200-400 for any special use permits, with annual renewal fees of $25-75. The approval timeline is typically 30-60 days depending on whether a planning commission review is required for the special use permit. Coffeyville-specific requirements may include maintaining the property in compliance with residential building codes, providing smoke and carbon monoxide detectors in all sleeping areas, ensuring maximum occupancy limits based on square footage (typically 2 persons per bedroom plus 2 additional), maintaining a local contact person available 24/7 for emergencies, and potentially restricting rentals in certain residential zoning districts, so verify current zoning regulations and any neighborhood-specific restrictions before applying.

Short-term rentals (STRs) in Coffeyville, Kansas operate in a relatively permissive regulatory environment as of 2024, with the city not having implemented comprehensive STR-specific ordinances like larger Kansas municipalities such as Lawrence or Overland Park. The city generally allows STRs under existing residential use provisions, though operators must comply with standard business licensing requirements, health and safety codes, and zoning regulations that govern residential properties. There are no specific prohibited areas designated solely for STR restrictions, though properties must maintain compliance with residential zoning standards and cannot violate noise ordinances or parking requirements. Recent legal changes have been minimal, with Coffeyville taking a hands-off approach compared to cities like Wichita or Kansas City that have implemented registration systems, occupancy limits, and specific STR taxes between 2020-2023. Property owners should ensure compliance with state tax obligations and local business permit requirements, while being mindful that the regulatory landscape could evolve as STR activity increases in the community.

The best areas for Airbnb investment in Coffeyville, Kansas include the Historic Downtown District near Walnut Street, which attracts visitors to the Dalton Defenders Museum and annual events like the Inter-State Fair and Rodeo held each August, generating consistent tourism traffic. The area around Coffeyville Community College on 11th Street offers potential for visiting families, prospective students, and academic conference attendees throughout the school year. Properties near the Coffeyville Regional Medical Center and surrounding medical facilities on Glenwood Avenue can capture medical tourism and visiting family members of patients. The residential neighborhoods around Pfister Park and near the Verdigris River provide attractive settings for leisure travelers seeking outdoor recreation including fishing, boating, and the annual Coffeyville Fall Festival. Additionally, areas close to major employers like CVR Energy's refinery operations attract business travelers and temporary workers, while the proximity to US Highway 169 and US Highway 166 makes these locations accessible for travelers passing through southeastern Kansas toward Oklahoma or other regional destinations.

Airbnb properties in Coffeyville, Kansas are subject to Kansas state transient guest tax of 6% on lodging stays of less than 28 consecutive days, which is collected by the host and remitted monthly to the Kansas Department of Revenue if gross receipts exceed $4,000 annually. Montgomery County, where Coffeyville is located, imposes an additional 2% transient guest tax that must be collected and remitted quarterly to the county treasurer's office. The City of Coffeyville levies a 3% city occupancy tax on short-term rentals, collected by hosts and remitted monthly to the city clerk's office by the 20th of the following month. Hosts must register with each taxing jurisdiction and obtain the appropriate permits before operating, with Kansas requiring a sales tax registration through the Department of Revenue's online portal. Exemptions typically apply to stays of 28 days or longer, government employees on official business, and certain nonprofit organization bookings, though documentation must be maintained to support exempt transactions.

Starting an Airbnb in Coffeyville, Kansas requires approximately $85,000-$95,000 in total initial investment. Property purchase costs around $65,000 based on the median home price in this small southeastern Kansas city of about 9,000 residents. Furnishing a 2-3 bedroom property typically costs $8,000-$12,000 including beds, living room furniture, kitchen essentials, linens, and basic appliances. Initial setup expenses including professional photography, listing creation, welcome materials, and basic renovations total approximately $3,000-$5,000. Permits and fees in Montgomery County include business license ($50-$100), potential zoning permits ($200-$500), and any required inspections ($300-$800). Insurance costs roughly $1,200-$1,800 annually for short-term rental coverage. Utility setup and deposits for electricity, gas, water, internet, and cable run about $500-$800 initially. First six months operating costs including utilities ($150/month), cleaning supplies and services ($200/month), maintenance reserves ($100/month), platform fees (3% of bookings), and marketing expenses total approximately $3,500-$5,000, assuming moderate occupancy rates of 40-60% typical for smaller Kansas markets.

Airbnb properties in Coffeyville, Kansas typically generate modest returns due to the city's small population of approximately 9,000 and limited tourism infrastructure. Average nightly rates range from $45-75 for entire homes, with occupancy rates averaging 35-45% annually, resulting in gross revenues of $6,000-12,000 per year for typical 2-3 bedroom properties. Operating expenses including utilities, cleaning, maintenance, insurance, and Airbnb fees typically consume 40-50% of gross revenue, while property taxes and mortgage payments further reduce net margins to 15-25% of gross revenue. Success factors in this market include proximity to the Coffeyville Regional Medical Center for medical tourism, competitive pricing below $60/night, and targeting extended-stay business travelers or visitors to nearby Parsons or Independence. Properties near downtown or the Coffeyville Community College tend to perform better, with some hosts reporting annual net profits of $2,000-4,000 on properties valued at $60,000-80,000, though the limited demand makes this market more suitable for supplemental income rather than primary investment strategies compared to larger Kansas cities like Wichita or Kansas City suburbs.

Based on Coffeyville, Kansas market conditions, Airbnb investments typically generate annual ROI of 8-12% with cash-on-cash returns ranging from 6-10% depending on property acquisition costs and renovation expenses. Properties in Coffeyville generally reach profitability within 18-24 months, with average nightly rates of $65-85 and occupancy rates around 45-60% annually. The local market benefits from industrial workers, travelers visiting nearby attractions, and guests attending events at Coffeyville Community College, though seasonal fluctuations occur with lower winter occupancy. Initial investment costs average $80,000-120,000 for suitable properties, with monthly operating expenses including utilities, cleaning, and maintenance typically running $800-1,200. Properties near downtown or industrial areas tend to perform better, achieving the higher end of ROI ranges, while those requiring significant renovations may see extended profitability timelines of 30-36 months.

STRSearch is a leading national platform that helps investors identify profitable short-term rental properties in Coffeyville, Kansas, using data analytics and market insights. Local real estate agents like Coldwell Banker Schmidt Realtors and Century 21 Girard Realty have experience with investment properties in the Coffeyville area and understand the local rental market dynamics. National services include Awning (formerly RedAwning) which provides end-to-end Airbnb investment services, AirDNA for market analysis and revenue projections, and Mashvisor for rental property analytics specifically focused on short-term rentals. Local property management companies such as Southeast Kansas Property Management and regional firms like Rent Perfect can assist with ongoing operations once properties are acquired. Additional national platforms like Roofstock, which specializes in single-family rental investments, and BiggerPockets' marketplace can connect investors with Coffeyville properties, while services like HostGPO and Awning provide comprehensive support from acquisition through property management for Airbnb investments in smaller Kansas markets.