Is Goodlettsville, Tennessee Good for Airbnb Investment?

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Goodlettsville, Tennessee market research

Goodlettsville, Tennessee Airbnb Investment Overview

$1,200–$2,800Typical monthly host earnings
8–12%Typical annual ROI
65–70%Average annual occupancy
VariesCombined taxes and local fees
Investment

Is Airbnb a Good Investment in Goodlettsville, Tennessee?

Potentially—Goodlettsville, Tennessee combines visitor demand with long-term real estate upside.

  • Presents a promising opportunity, primarily driven by its proximity to Nashville and a consistent appeal to visitors seeking a quieter alternative with easy access to city attractions.
  • Current market conditions in Goodlettsville show a steady demand for short-term rentals, supported by its appealing suburban charm, local events.
  • While property values in Goodlettsville have seen a stable appreciation, offering a solid foundation for investment, they remain more accessible than in downtown Nashville.
  • Tourism trends indicate a continuous flow of visitors, including families, event-goers, and those seeking a more relaxed stay, which contributes to healthy occupancy rates.
  • This combination of sustained demand, favorable property values, and a more manageable regulatory environment suggests a positive long-term investment potential for Airbnb hosts in Goodlettsville.
Earnings

How Much Does an Average Airbnb Earn in Goodlettsville?

$1,200–$2,800 per month based on location, season, and property quality.

  • Based on available market data and regional analysis, Airbnb hosts in Goodlettsville, Tennessee typically earn between $1,200 to $2,800 per month.
  • Properties experience peak earnings during spring and summer months when revenue can increase by 25-40% due to Nashville's tourism season and local events.
  • Key factors influencing earnings include proximity to Nashville (properties within 20 minutes of downtown command 20-30% higher rates), property amenities such as pools or hot tubs which can boost revenue by 15-25%.
  • The average daily rate ranges from $85 to $165 depending on property type and season, with occupancy rates typically between 60-75% for well-managed listings.
  • Properties that maintain superhost status and receive consistent positive reviews generally outperform the market average by 10-20%.
ROI Analysis

Airbnb Return on Investment in Goodlettsville

Potentially strong—typical annual ROI is 8–12%.

  • Typically generate ROI between 8-12% annually, with properties averaging $85-120 per night and 65-75% occupancy rates throughout the year.
  • The payback period for initial investment and setup costs generally ranges from 7-10 years, depending on property acquisition price and renovation expenses.
  • Compared to traditional long-term rentals in the area which yield approximately 6-8% ROI with monthly rents averaging $1,200-1,600, short-term rentals can provide 25-40% higher returns but require significantly more active management and carry higher operational costs including cleaning fees, utilities, and platform commissions.
  • Properties within 15 minutes of Nashville's downtown core and near popular attractions like Historic Mansker's Station perform best.
Occupancy Rate

Average Airbnb Occupancy Rate in Goodlettsville

Goodlettsville, Tennessee averages 65–70% annual occupancy, with seasonal variation.

  • Airbnb occupancy rates in Goodlettsville, Tennessee typically average around 65-70% annually, with significant seasonal variations that peak during summer months (June-August) at approximately 75-80% and during major Nashville events when the proximity to Music City drives demand higher.
  • Spring months (March-May) generally see occupancy rates of 70-75%, while fall maintains steady rates around 65-70%.
  • Peak seasons align with Nashville's tourism calendar, including CMA Music Festival, summer concert seasons at nearby venues, and holiday periods.
  • Compared to Tennessee's statewide Airbnb average of approximately 60-65%, Goodlettsville performs slightly above average due to its strategic location near Nashville.
Best Neighborhoods

Best Neighborhoods for Airbnb in Goodlettsville

The strongest opportunities balance visitor demand, nightly rates, and acquisition cost.

  • The best Airbnb investment neighborhoods in Goodlettsville include Historic Downtown Goodlettsville, which offers charm and walkability to local shops and restaurants while maintaining affordable property prices around $200,000-300,000 with strong rental demand from visitors exploring the historic district.
  • The Rivergate area provides excellent proximity to shopping at Rivergate Mall and easy highway access to Nashville.
  • Moss Wright Park vicinity appeals to families and outdoor enthusiasts due to recreational amenities and quiet residential streets.
  • The neighborhoods near Long Hollow Pike benefit from major retail and restaurant density plus quick Nashville access.
  • Areas around Goodlettsville High School and community centers attract visiting families and provide stable residential character with lower acquisition costs around $160,000-250,000.
  • The Cartwright Close and surrounding subdivisions offer newer construction appealing to corporate travelers and families.
  • Finally, neighborhoods near the Cumberland River provide scenic appeal and outdoor recreation access.
Regulations

Short-term Rental Regulations in Goodlettsville

Yes, but only where zoning permits short-term rentals and every required license is current.

  • Goodlettsville, Tennessee requires short-term rental operators to obtain a business license and register their property with the city.
  • Properties are limited to a maximum occupancy of two persons per bedroom plus two additional guests, with a total cap typically not exceeding 10 occupants.
  • Owner-occupancy is not required for short-term rentals, allowing for non-resident ownership and operation.
  • Zoning restrictions generally permit short-term rentals in residential districts including R-1, R-2, and R-3 zones, though they may be prohibited in certain historic or overlay districts.
  • The registration process requires submission of floor plans, parking diagrams, emergency contact information, and proof of liability insurance of at least $1 million.
  • Recent changes implemented around 2022-2023 include stricter noise ordinances with quiet hours from 10 PM to 7 AM, mandatory posting of house rules.
Fees and Taxes

Short-term Rental Fees and Taxes in Goodlettsville

Tax rates vary by jurisdiction; licensing, inspection, and insurance costs are additional.

  • Short-term rentals in Goodlettsville, Tennessee are subject to several fees and taxes including the state sales tax of 7%, Davidson County hotel occupancy tax of 6%, and Tennessee state hotel occupancy tax of 2.75%.
  • Property owners must obtain a short-term rental permit from Goodlettsville which typically costs around $150-200 annually, plus a one-time registration fee of approximately $75-100.
  • Additional requirements include a business license fee of roughly $50-75 per year, and properties may be subject to periodic inspection fees of $100-150.
  • Tourism development taxes may apply at an additional 1-2% depending on the specific location within the city limits, and operators must also account for potential homeowner association fees if applicable.
Common questions

Goodlettsville, Tennessee Airbnb investment FAQs

How to start an Airbnb in Goodlettsville, Tennessee?

To start an Airbnb in Goodlettsville, Tennessee, begin by researching local regulations as Goodlettsville requires short term rental permits and compliance with zoning ordinances, particularly in residential areas where STRs may be restricted or require special use permits from the city planning department.

Launch checklist

  • Contact Goodlettsville City Hall at 615 to 851 2200 to obtain the necessary business license and short term rental permit, which typically costs around $50 to 100 annually and requires proof of insurance, safety inspections, and adherence to occupancy limits.
  • Find a suitable property by searching areas like historic downtown Goodlettsville or neighborhoods near Long Hollow Pike.
  • Furnish the property with essential amenities including Wi Fi, cable TV, full kitchen appliances, linens, and safety equipment like smoke detectors and fire extinguishers as required by Tennessee fire codes.
  • List your property on Airbnb, VRBO, and other platforms with competitive pricing around $80 to 150 per night depending on size and location, highlighting proximity to Nashville (20 minutes), Opryland, and local attractions like Moss Wright Park.
  • Manage the property by establishing cleaning protocols between guests, maintaining 24/7 communication availability, coordinating key exchanges or installing smart locks.
What's the best way to identify good STR properties in Goodlettsville, Tennessee?

To identify profitable short term rental properties in Goodlettsville, Tennessee, focus on locations within 15 to 20 minutes of downtown Nashville, near major attractions like Historic Mansker's Station, or close to Nashville International Airport for business travelers.

What to prioritize

  • Target 2 to 4 bedroom single family homes or condos built after 1990 with modern amenities, parking, outdoor spaces, and unique features that photograph well for listings.
  • Conduct pricing analysis using AirDNA and Mashvisor to evaluate average daily rates ($80 to 150 typical for the area), occupancy rates (aim for 65%+ annually), and seasonal demand patterns.
  • Research competition by analyzing similar properties within a 3 mile radius on Airbnb and VRBO, identifying gaps in amenities or pricing, and studying guest reviews to understand market preferences.
  • Utilize tools like Rabbu, AllTheRooms, and local MLS data through Nashville REALTORS®, while consulting Goodlettsville's zoning regulations and HOA restrictions, as some neighborhoods may prohibit short term rentals.
  • Consider properties near Long Hollow Pike for shopping access, close to Moss Wright Park for families, or in established neighborhoods like Rivergate for consistent demand from Nashville commuters and tourists seeking affordable alternatives to downtown accommodations.
How to get an Airbnb permit in Goodlettsville, Tennessee?

To obtain an Airbnb/STR permit in Goodlettsville, Tennessee, you must first contact the Goodlettsville Planning Department at City Hall located at 105 South Main Street to determine current zoning compliance and submit a short term rental application.

Documents and approvals

  • Required documents typically include a completed application form, property deed or lease agreement, floor plan showing maximum occupancy, proof of liability insurance (minimum $1 million), contact information for a local property manager if you're non resident.
  • The application fee is estimated at $150 to 250 with an annual renewal fee of approximately $100 to 150.
  • You'll need to schedule and pass a safety inspection covering smoke detectors, carbon monoxide detectors, fire extinguishers, and emergency egress routes.
  • Goodlettsville requires STRs to maintain a maximum occupancy of 2 people per bedroom plus 2 additional guests, provide adequate parking (typically 1 space per bedroom), maintain quiet hours from 10 PM to 7 AM, and display the permit number in all advertisements.
  • The property must be owner occupied or have a designated local contact person available 24/7 within 30 minutes of the property.
  • The entire process typically takes 4 to 6 weeks from application submission to permit issuance, assuming all requirements are met and inspections pass on the first attempt.
  • Once approved, you must renew annually and comply with all ongoing operational requirements including guest registration and noise ordinances.
Is it legal to operate a short-term rental in Goodlettsville, Tennessee?

Short term rentals (STRs) are legal in Goodlettsville, Tennessee, but operate under the city's zoning and business licensing requirements established around 2019 to 2020.

Core operating requirements

  • The city requires STR operators to obtain a business license and comply with local zoning ordinances, with most residential areas allowing STRs as accessory uses provided they meet safety and parking requirements.
  • Goodlettsville prohibits STRs in certain residential zones where they would conflict with single family residential character, and operators must maintain compliance with fire safety codes, occupancy limits, and noise ordinances.
  • The city has implemented registration requirements and inspection protocols, with recent updates in 2022 to 2023 strengthening enforcement mechanisms and neighbor notification procedures.
  • Properties must meet specific criteria including adequate parking, proper waste management, and 24 hour contact information for responsible parties, while violations can result in license revocation and fines up to $500 per day.
What are the best places to invest in Airbnb in Goodlettsville, Tennessee?

The best areas for Airbnb investment in Goodlettsville, Tennessee include the Historic Downtown District near Main Street, which attracts visitors interested in the city's railroad heritage and antique shopping, and properties near Moss Wright Park.

Areas to research

  • The area around Rivergate Parkway offers strong potential due to its proximity to major shopping centers and easy highway access for business travelers commuting to Nashville.
  • Neighborhoods near the Cumberland River provide scenic waterfront appeal for leisure travelers seeking a peaceful retreat just 20 minutes from downtown Nashville.
  • The residential areas around Long Hollow Pike are attractive for their proximity to Long Hollow Baptist Church, which hosts large events and conferences throughout the year, generating consistent demand for short term rentals.
  • Properties near the Goodlettsville Antique Mall and Historic Mansker's Station benefit from heritage tourism, while areas close to Two Rivers Parkway attract visitors attending events at the nearby Grand Ole Opry and Opryland Resort.
Airbnb and lodging taxes in Goodlettsville, Tennessee

Airbnb properties in Goodlettsville, Tennessee are subject to multiple lodging taxes including Tennessee's state hotel occupancy tax of 7%, Davidson County's hotel occupancy tax of 5% (since Goodlettsville is partially in Davidson County).

Taxes and filing responsibilities

  • These taxes are typically collected automatically by Airbnb through their platform for most bookings and remitted directly to the appropriate tax authorities on behalf of hosts, though hosts should verify their specific obligations with local tax offices.
  • The combined tax rate generally ranges from 15 to 17% depending on the exact location within Goodlettsville's boundaries.
  • Hosts may need to register with the Tennessee Department of Revenue and potentially with Davidson County and Goodlettsville city offices if they handle tax collection independently.
  • Exemptions typically apply to stays exceeding 30 consecutive days, which are generally considered residential in preference to transient lodging.
Total cost to purchase, furnish and operate an Airbnb in Goodlettsville, Tennessee

To start an Airbnb in Goodlettsville, Tennessee, the total costs would be approximately $285,000 to $320,000.

Cost breakdown

  • Property purchase represents the largest expense at $250,000 to $280,000 based on median home prices in the area as of 2023 to 2024.
  • Furnishing costs typically range $15,000 to $25,000 for a complete 2 to 3 bedroom home including furniture, appliances, linens, and décor to create an attractive rental space.
  • Initial setup costs including professional photography, listing creation, and basic marketing materials run $1,500 to $2,500.
  • Permits and fees vary but generally include business license ($50 to $100), short term rental permit ($200 to $500), and potential HOA approval fees totaling $500 to $1,000.
  • Insurance for short term rentals costs $2,000 to $3,500 annually, with many hosts requiring specialized STR coverage beyond standard homeowner's policies.
  • Utility setup and deposits for electricity, water, gas, internet, and cable typically cost $500 to $800 initially.
  • First six months of operating costs including utilities ($200 to $300/month), cleaning services ($75 to $125 per turnover), supplies and maintenance ($150 to $250/month), platform fees (3% of bookings).
Are Airbnb properties in Goodlettsville, Tennessee profitable?

Airbnb properties in Goodlettsville, Tennessee typically generate annual revenues between $18,000 to $35,000 for entire homes, with average daily rates ranging from $85 to $140 depending on property size and amenities.

Profitability indicators

  • Operating expenses generally consume 40 to 60% of gross revenue, including cleaning fees ($40 to 60 per turnover), property management (15 to 25% if outsourced), utilities ($150 to 250 monthly), insurance ($800 to 1,200 annually).
  • Net profit margins typically range from 15 to 35% for well managed properties, with successful hosts achieving higher margins through strategic pricing, excellent guest experiences, and efficient operations.
  • Properties within 20 minutes of Nashville's downtown command premium rates due to proximity to attractions like the Grand Ole Opry and Music City Center, while those near Percy Priest Lake attract leisure travelers.
  • Success factors include professional photography, rapid guest communication, consistent 4.8+ star ratings, and seasonal pricing adjustments that capitalize on Nashville's peak tourism periods (CMA Music Festival, New Year's Eve).
  • A typical 3 bedroom home purchased for $280,000 with a $2,200 monthly mortgage can generate $2,800 to 3,200 monthly gross revenue during peak seasons, resulting in annual net profits of $8,000 to 15,000 after all expenses.
What is the expected return on investment for an Airbnb in Goodlettsville, Tennessee?

Airbnb investments in Goodlettsville, Tennessee typically generate annual ROI of 12 to 18% with cash on cash returns ranging from 8 to 14%, based on the area's proximity to Nashville and growing tourism demand. Properties within 15 minutes of downtown Nashville command premium rates of $120 to 180 per night, while those further out average $80 to 120 nightly, with occupancy rates of 65 to 75% annually.

Return planning figures

  • Initial investment recovery and profitability typically occurs within 18 to 24 months for well positioned properties, with single family homes and condos near Long Hunter State Park or with easy Nashville access performing strongest.
  • The market benefits from Music City tourism overflow, corporate travelers to nearby businesses, and weekend visitors, with peak seasons during CMA Fest, summer months, and fall events generating 20 to 30% higher rates.
What company can help me find and buy a profitable Airbnb in Goodlettsville, Tennessee?

STRSearch is a leading national platform that specializes in identifying profitable short term rental properties for investors in Goodlettsville, Tennessee.

Companies and resources

  • Local real estate agents like Keller Williams Realty and RE/MAX Advantage have agents experienced in investment properties in the Goodlettsville area, while Coldwell Banker Barnes and EXIT Realty Bob Lamb &.
  • National services include AirDNA for market analysis, Mashvisor for property analytics, and BiggerPockets for investor networking and deal sourcing.
  • Roofstock and Awning specialize in turnkey rental properties including short term rentals, while local property management companies like RedAwning and Vacasa can help investors identify and manage profitable Airbnb properties in Goodlettsville.
  • Additional services include STR Helper for market research, AllTheRooms Analytics for competitive analysis, and local investment groups through the Nashville Real Estate Investors Association that focus on the greater Nashville area including Goodlettsville.

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Success Rate
100% profitable track record
Data Accuracy
Proprietary filters, precise forecasts
Service Scope
End-to-end STR investment support
Risk Mitigation
Only cash-flow-positive matches
Expert Network
Vetted realtors, lenders, designers included
Other Services
Success Rate
Inconsistent ROI, no guarantees
Data Accuracy
Generic metrics, inaccurate estimates
Service Scope
Partial services only
Risk Mitigation
No profitability screening
Expert Network
Limited or no partner access
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