Is Reynoldsburg, Ohio Good for Airbnb Investment?

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Reynoldsburg, Ohio Airbnb Investment Overview

Is Airbnb a Good Investment in Reynoldsburg, Ohio?

Investing in Airbnb properties in Reynoldsburg, Ohio, presents a moderate but potentially stable investment opportunity. While Reynoldsburg may not be a primary tourist destination like major metropolitan areas, its proximity to Columbus and attractions within the broader central Ohio region can drive demand for short-term rentals, especially for visitors seeking more affordable or suburban lodging options. Current market conditions in Reynoldsburg show relatively stable property values compared to larger cities, which can mean a lower initial investment. Tourism trends might be tied to events in Columbus, local business travel, or visiting friends and family. The investment potential largely hinges on identifying niche demands, managing competitive pricing, and understanding any local short-term rental regulations, which are generally less stringent than in more densely populated tourist hubs but still require due diligence.

How Much Does an Average Airbnb Earn in Reynoldsburg?

Based on available market data and regional analysis, Airbnb hosts in Reynoldsburg, Ohio typically earn between $800-$1,500 per month for entire home listings, with individual rooms generating approximately $400-$700 monthly. Seasonal variations show peak earnings during summer months and Ohio State University events, with revenues increasing 20-30% above baseline during these periods, while winter months typically see 15-25% lower occupancy rates. Key factors affecting earnings include proximity to downtown Columbus (approximately 15 minutes away), property size and amenities, with three-bedroom homes performing best due to family and group travel demand. The market benefits from Reynoldsburg's position as a suburban alternative to downtown Columbus accommodations, offering lower nightly rates ($65-$120) but maintaining steady occupancy rates of 60-75% annually. Properties near major highways and local attractions like Blacklick Woods Metro Park tend to outperform the average, while hosts who provide enhanced amenities such as dedicated workspaces or pet-friendly accommodations report 10-15% higher revenues than standard listings.

Airbnb Return on Investment in Reynoldsburg

Airbnb investments in Reynoldsburg, Ohio typically generate ROI between 8-12% annually, with payback periods ranging from 7-10 years depending on property acquisition costs and renovation expenses. The average daily rate for short-term rentals in Reynoldsburg ranges from $85-120, with occupancy rates averaging 65-75% throughout the year, generating monthly revenues of $1,800-2,500 for well-positioned properties. Compared to traditional long-term rentals in the area that yield 6-8% ROI with monthly rents of $1,200-1,600 for similar properties, Airbnb investments can provide 2-4% higher returns but require significantly more active management, higher operating expenses including cleaning fees, utilities, and platform commissions, and face greater income volatility due to seasonal demand fluctuations and local competition from approximately 150-200 active short-term rental properties in the greater Reynoldsburg market.

Average Airbnb Occupancy Rate in Reynoldsburg

Airbnb occupancy rates in Reynoldsburg, Ohio typically average around 55-65% annually, with peak seasons occurring during summer months (June-August) reaching 70-75% occupancy due to increased travel and local events, while winter months (December-February) see lower rates around 45-50%. Spring and fall maintain moderate occupancy levels of approximately 60-65%. Reynoldsburg's occupancy rates generally align closely with Ohio's statewide average of 58-62%, though they tend to run slightly below national averages of 65-70% due to the city's suburban location and limited tourist attractions compared to major metropolitan areas. The proximity to Columbus provides some stability in bookings from business travelers and visitors to the capital city, helping maintain consistent year-round demand despite seasonal fluctuations typical of Midwest markets.

Best Neighborhoods for Airbnb in Reynoldsburg

The best Airbnb investment neighborhoods in Reynoldsburg include the Historic Downtown area which offers charm and walkability to local shops and restaurants while maintaining affordable property prices, the Blacklick Estates area in the northern section which attracts families and business travelers due to its proximity to major highways and corporate centers with strong rental demand, the Reynoldsburg-Baltimore Road corridor which provides excellent access to Port Columbus Airport and downtown Columbus making it ideal for business travelers willing to pay premium rates, the Tussing Road neighborhood which offers newer construction homes appealing to families visiting the area with good schools and parks nearby, the Brice Road area which benefits from proximity to shopping centers and restaurants while offering competitive property acquisition costs, and the Taylor Road vicinity which provides a balance of residential appeal and accessibility to major employment centers in eastern Columbus. These neighborhoods generally offer strong investment potential due to Reynoldsburg's position as an eastern Columbus suburb with good highway access, proximity to the airport, reasonable property prices compared to central Columbus, and steady demand from both business travelers and families visiting the greater Columbus metropolitan area.

Short-term Rental Regulations in Reynoldsburg

Reynoldsburg, Ohio requires short-term rental operators to obtain a business license and register their property with the city, with applications requiring property owner information, insurance documentation, and compliance with fire safety codes. Properties are limited to a maximum occupancy of two persons per bedroom plus two additional guests, with total occupancy not exceeding 12 people regardless of bedroom count. Owner-occupancy is not required for short-term rentals, allowing investment properties to operate as vacation rentals. Zoning restrictions permit short-term rentals in residential districts but require properties to maintain residential character and comply with parking requirements of two spaces per unit. The registration process involves submitting an application with a $100 annual fee, providing proof of liability insurance of at least $1 million, designating a local contact person available 24/7, and passing initial and periodic safety inspections. Recent changes implemented in 2022 include stricter noise ordinance enforcement with fines up to $500 for violations, mandatory posting of house rules and emergency contact information, requirements for smoke and carbon monoxide detectors in all sleeping areas, and enhanced penalties for repeat violations including potential license revocation after three substantiated complaints within a 12-month period.

Short-term Rental Fees and Taxes in Reynoldsburg

Short-term rentals in Reynoldsburg, Ohio are subject to several fees and taxes including Ohio's state lodging tax of 5.75%, Franklin County's lodging tax of 3.5%, and Reynoldsburg's local lodging tax estimated at 3%, totaling approximately 12.25% in combined lodging taxes. Property owners must obtain a business license from the city costing approximately $25-50 annually, register with the Ohio Department of Commerce for tax collection purposes with fees around $25, and may be required to pay a short-term rental permit fee estimated at $100-200 annually. Additional costs include a one-time registration fee of $50-75 with the city, potential fire safety inspection fees of $75-100, and quarterly tax remittance requirements to both state and local authorities. Property owners are also responsible for collecting and remitting sales tax at Ohio's rate of 5.75% plus local rates, and must maintain proper insurance coverage which may require additional endorsements costing $200-500 annually.

Is Airbnb a Good Investment in Reynoldsburg, Ohio?

Investing in Airbnb properties in Reynoldsburg, Ohio, presents a moderate but potentially stable investment opportunity. While Reynoldsburg may not be a primary tourist destination like major metropolitan areas, its proximity to Columbus and attractions within the broader central Ohio region can drive demand for short-term rentals, especially for visitors seeking more affordable or suburban lodging options. Current market conditions in Reynoldsburg show relatively stable property values compared to larger cities, which can mean a lower initial investment. Tourism trends might be tied to events in Columbus, local business travel, or visiting friends and family. The investment potential largely hinges on identifying niche demands, managing competitive pricing, and understanding any local short-term rental regulations, which are generally less stringent than in more densely populated tourist hubs but still require due diligence.

How Much Does an Average Airbnb Earn in Reynoldsburg?

Based on available market data and regional analysis, Airbnb hosts in Reynoldsburg, Ohio typically earn between $800-$1,500 per month for entire home listings, with individual rooms generating approximately $400-$700 monthly. Seasonal variations show peak earnings during summer months and Ohio State University events, with revenues increasing 20-30% above baseline during these periods, while winter months typically see 15-25% lower occupancy rates. Key factors affecting earnings include proximity to downtown Columbus (approximately 15 minutes away), property size and amenities, with three-bedroom homes performing best due to family and group travel demand. The market benefits from Reynoldsburg's position as a suburban alternative to downtown Columbus accommodations, offering lower nightly rates ($65-$120) but maintaining steady occupancy rates of 60-75% annually. Properties near major highways and local attractions like Blacklick Woods Metro Park tend to outperform the average, while hosts who provide enhanced amenities such as dedicated workspaces or pet-friendly accommodations report 10-15% higher revenues than standard listings.

Airbnb Return on Investment in Reynoldsburg

Airbnb investments in Reynoldsburg, Ohio typically generate ROI between 8-12% annually, with payback periods ranging from 7-10 years depending on property acquisition costs and renovation expenses. The average daily rate for short-term rentals in Reynoldsburg ranges from $85-120, with occupancy rates averaging 65-75% throughout the year, generating monthly revenues of $1,800-2,500 for well-positioned properties. Compared to traditional long-term rentals in the area that yield 6-8% ROI with monthly rents of $1,200-1,600 for similar properties, Airbnb investments can provide 2-4% higher returns but require significantly more active management, higher operating expenses including cleaning fees, utilities, and platform commissions, and face greater income volatility due to seasonal demand fluctuations and local competition from approximately 150-200 active short-term rental properties in the greater Reynoldsburg market.

Average Airbnb Occupancy Rate in Reynoldsburg

Airbnb occupancy rates in Reynoldsburg, Ohio typically average around 55-65% annually, with peak seasons occurring during summer months (June-August) reaching 70-75% occupancy due to increased travel and local events, while winter months (December-February) see lower rates around 45-50%. Spring and fall maintain moderate occupancy levels of approximately 60-65%. Reynoldsburg's occupancy rates generally align closely with Ohio's statewide average of 58-62%, though they tend to run slightly below national averages of 65-70% due to the city's suburban location and limited tourist attractions compared to major metropolitan areas. The proximity to Columbus provides some stability in bookings from business travelers and visitors to the capital city, helping maintain consistent year-round demand despite seasonal fluctuations typical of Midwest markets.

Best Neighborhoods for Airbnb in Reynoldsburg

The best Airbnb investment neighborhoods in Reynoldsburg include the Historic Downtown area which offers charm and walkability to local shops and restaurants while maintaining affordable property prices, the Blacklick Estates area in the northern section which attracts families and business travelers due to its proximity to major highways and corporate centers with strong rental demand, the Reynoldsburg-Baltimore Road corridor which provides excellent access to Port Columbus Airport and downtown Columbus making it ideal for business travelers willing to pay premium rates, the Tussing Road neighborhood which offers newer construction homes appealing to families visiting the area with good schools and parks nearby, the Brice Road area which benefits from proximity to shopping centers and restaurants while offering competitive property acquisition costs, and the Taylor Road vicinity which provides a balance of residential appeal and accessibility to major employment centers in eastern Columbus. These neighborhoods generally offer strong investment potential due to Reynoldsburg's position as an eastern Columbus suburb with good highway access, proximity to the airport, reasonable property prices compared to central Columbus, and steady demand from both business travelers and families visiting the greater Columbus metropolitan area.

Short-term Rental Regulations in Reynoldsburg

Reynoldsburg, Ohio requires short-term rental operators to obtain a business license and register their property with the city, with applications requiring property owner information, insurance documentation, and compliance with fire safety codes. Properties are limited to a maximum occupancy of two persons per bedroom plus two additional guests, with total occupancy not exceeding 12 people regardless of bedroom count. Owner-occupancy is not required for short-term rentals, allowing investment properties to operate as vacation rentals. Zoning restrictions permit short-term rentals in residential districts but require properties to maintain residential character and comply with parking requirements of two spaces per unit. The registration process involves submitting an application with a $100 annual fee, providing proof of liability insurance of at least $1 million, designating a local contact person available 24/7, and passing initial and periodic safety inspections. Recent changes implemented in 2022 include stricter noise ordinance enforcement with fines up to $500 for violations, mandatory posting of house rules and emergency contact information, requirements for smoke and carbon monoxide detectors in all sleeping areas, and enhanced penalties for repeat violations including potential license revocation after three substantiated complaints within a 12-month period.

Short-term Rental Fees and Taxes in Reynoldsburg

Short-term rentals in Reynoldsburg, Ohio are subject to several fees and taxes including Ohio's state lodging tax of 5.75%, Franklin County's lodging tax of 3.5%, and Reynoldsburg's local lodging tax estimated at 3%, totaling approximately 12.25% in combined lodging taxes. Property owners must obtain a business license from the city costing approximately $25-50 annually, register with the Ohio Department of Commerce for tax collection purposes with fees around $25, and may be required to pay a short-term rental permit fee estimated at $100-200 annually. Additional costs include a one-time registration fee of $50-75 with the city, potential fire safety inspection fees of $75-100, and quarterly tax remittance requirements to both state and local authorities. Property owners are also responsible for collecting and remitting sales tax at Ohio's rate of 5.75% plus local rates, and must maintain proper insurance coverage which may require additional endorsements costing $200-500 annually.

* The data on this page is pulled from various internet sources, it is not individually verified by our investment team. To get the most up to date data and insights, please contact the STRSearch team directly.

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How to start an Airbnb in Reynoldsburg, Ohio?

To start an Airbnb in Reynoldsburg, Ohio, begin by researching local regulations as Reynoldsburg requires short-term rental operators to obtain a business license through the city clerk's office and comply with zoning restrictions that typically limit rentals to residential areas with proper spacing requirements. Contact the Reynoldsburg Building Department at (614) 322-6800 to obtain necessary permits including occupancy permits and ensure fire safety compliance, as properties must meet residential building codes and have working smoke detectors in all bedrooms. Find a suitable property in residential zones, avoiding areas with HOA restrictions against short-term rentals, with popular neighborhoods being near the Blacklick Creek Greenway Trail or close to downtown Columbus access points. Furnish the property with essential amenities including Wi-Fi, cable TV, full kitchen supplies, linens, towels, and basic toiletries, while ensuring the space reflects Ohio's welcoming atmosphere with comfortable furniture and local touches. List your property on Airbnb, VRBO, and Booking.com with professional photos highlighting proximity to attractions like Motts Military Museum, Blacklick Woods Metro Park, and easy highway access to Columbus, pricing competitively around $75-120 per night based on local market rates. 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 Ohio requires collecting and remitting sales tax on short-term rental income.

What's the best way to identify good STR properties in Reynoldsburg, Ohio?

To identify profitable short-term rental properties in Reynoldsburg, Ohio, focus on locations within 15-20 minutes of downtown Columbus, near major attractions like Blacklick Woods Metro Park, or close to corporate centers and hospitals that generate business travel demand. Target 3-4 bedroom single-family homes or condos built after 1990 with modern amenities, full kitchens, dedicated parking, and outdoor spaces, as these appeal to families and business groups visiting the Columbus metro area. Conduct pricing analysis using AirDNA and Mashvisor to identify properties where potential STR revenue (typically $80-150/night in Reynoldsburg) exceeds traditional rental income by 20-30%, while factoring in higher vacancy rates and operating costs. Research competition within a 3-mile radius using Airbnb and VRBO searches to identify gaps in amenities or pricing, particularly focusing on properties near Easton Town Center, Port Columbus, or Ohio State University which drive demand to the broader Columbus area. Utilize tools like BiggerPockets for market analysis, connect with local real estate agents familiar with Reynoldsburg's zoning laws and HOA restrictions, and leverage the Franklin County Auditor's website for property tax and sales data to identify undervalued properties with STR potential in this growing Columbus suburb.

How to get an Airbnb permit in Reynoldsburg, Ohio?

To obtain an Airbnb/STR permit in Reynoldsburg, Ohio, you must first contact the Reynoldsburg Planning and Zoning Department at City Hall located at 7232 East Main Street to determine if short-term rentals are permitted in your specific zoning district, as the city requires conditional use permits for STRs in most residential areas. Submit an application for a Conditional Use Permit along with required documents including a site plan, proof of property ownership or lease agreement, floor plans showing the rental space, parking plan demonstrating adequate off-street parking, and contact information for a local property manager if you live more than 50 miles away. You'll need to pay application fees estimated at $200-400 for the conditional use permit plus additional inspection fees of approximately $100-150. The process typically takes 30-45 days and includes a public hearing before the Planning and Zoning Commission. Reynoldsburg-specific requirements include maintaining liability insurance of at least $500,000, providing emergency contact information to neighbors within 200 feet, ensuring compliance with fire safety codes including smoke and carbon monoxide detectors, limiting occupancy to no more than 2 people per bedroom plus 2 additional guests, and registering with the city annually while maintaining all permits and inspections current.

Is it legal to operate a short-term rental in Reynoldsburg, Ohio?

Short-term rentals (STRs) in Reynoldsburg, Ohio are generally permitted but subject to local zoning regulations and licensing requirements established by the city. As of recent years, Reynoldsburg has implemented registration and inspection requirements for STR operators, requiring hosts to obtain proper permits and comply with safety standards including smoke detectors, carbon monoxide detectors, and occupancy limits. The city restricts STRs in certain residential zones, particularly single-family neighborhoods where they may conflict with residential character, while allowing them more freely in commercial and mixed-use areas. Recent legal changes around 2022-2023 have strengthened enforcement mechanisms and increased penalties for non-compliant operators, with the city requiring annual renewals and neighbor notification processes. Property owners must also comply with state tax requirements and may face restrictions on the number of guests and parking availability, with some areas near schools or parks having additional limitations to address community concerns about noise and traffic impacts.

What are the best places to invest in Airbnb in Reynoldsburg, Ohio?

The best areas for Airbnb investment in Reynoldsburg, Ohio include the Historic Downtown District near Main Street, which attracts visitors interested in local heritage and walkable amenities, and neighborhoods close to Blacklick Woods Metro Park, drawing nature enthusiasts and families seeking outdoor recreation. The areas near Reynoldsburg High School and surrounding residential zones are attractive for sports tourism during football season and graduation events. Properties within a 2-mile radius of the Easton Town Center (though technically in Columbus) benefit from overflow demand from shoppers and business travelers visiting one of Ohio's premier retail destinations. The Brice Road corridor offers good investment potential due to its proximity to major employers like Nationwide Children's Hospital and Ohio State University, generating consistent business travel demand. Neighborhoods near the annual Reynoldsburg Tomato Festival grounds see seasonal spikes in bookings during August, while areas close to Interstate 270 provide convenient access for travelers heading to downtown Columbus, Port Columbus Airport, or other central Ohio attractions, making them consistently appealing to short-term rental guests year-round.

Airbnb and lodging taxes in Reynoldsburg, Ohio

Airbnb properties in Reynoldsburg, Ohio are subject to multiple lodging taxes including Ohio's state lodging tax of 5.75% and Franklin County's bed tax of 3%, totaling 8.75% in combined lodging taxes. The City of Reynoldsburg does not impose its own separate lodging tax as of 2023. These taxes apply to short-term rental stays of less than 30 consecutive days and are typically collected by Airbnb directly from guests at the time of booking through their automated tax collection system, which began in Ohio around 2018. Airbnb then remits these taxes quarterly to the Ohio Department of Commerce and Franklin County on behalf of hosts, though individual hosts remain ultimately responsible for ensuring compliance. Properties rented for 30 days or longer are generally exempt from these lodging taxes, and certain properties used for permanent residency may also qualify for exemptions. Hosts should register with the Ohio Department of Commerce and may need to obtain a vendor's license, and they must maintain records of all rental transactions for at least four years in case of audit by state or county tax authorities.

Total cost to purchase, furnish and operate an Airbnb in Reynoldsburg, Ohio

Starting an Airbnb in Reynoldsburg, Ohio requires approximately $180,000-220,000 in total initial investment. Property purchase costs around $150,000-180,000 based on median home prices in the area as of 2023. Furnishing a 2-3 bedroom property typically runs $8,000-12,000 including beds, linens, kitchen essentials, living room furniture, and basic appliances. Initial setup costs including professional photography, listing creation, welcome materials, and basic renovations total approximately $2,000-3,000. Permits and fees vary but expect around $500-800 for business licenses, short-term rental permits, and city registration requirements. Insurance including landlord coverage and short-term rental protection averages $1,200-1,800 annually or $600-900 for six months. Utility setup and deposits for electricity, gas, water, internet, and cable run about $500-800 initially, with monthly costs of $200-300. First six months of operating costs including utilities ($1,200-1,800), cleaning services ($1,800-2,400 assuming bi-weekly turnover), maintenance reserves ($1,000), marketing ($300-500), and platform fees (3% of estimated $18,000 revenue or $540) total approximately $4,840-6,240.

Are Airbnb properties in Reynoldsburg, Ohio profitable?

Airbnb properties in Reynoldsburg, Ohio typically generate annual revenues between $15,000-$35,000 for entire homes and $8,000-$18,000 for private rooms, with average daily rates ranging from $65-$120 depending on property size and amenities. Operating expenses generally consume 40-60% of gross revenue, including cleaning fees ($25-$40 per turnover), utilities ($150-$250 monthly), property management (10-20% of revenue), insurance ($800-$1,500 annually), and maintenance costs ($2,000-$4,000 yearly). Net profit margins typically range from 15-35% for well-managed properties, with successful hosts achieving higher margins through strategic pricing, excellent guest experiences, and efficient operations. Key success factors include proximity to John Glenn Columbus International Airport (20 minutes away), competitive pricing against Columbus market rates, professional photography, rapid guest communication, and maintaining 4.8+ star ratings. Properties near Blacklick Woods Metro Park or with easy highway access to downtown Columbus (15 miles) tend to outperform, with some hosts reporting 70-85% occupancy rates during peak seasons. The market benefits from Columbus's growing tourism sector, business travelers, and visitors to nearby attractions, though competition has intensified since 2019 with supply growth of approximately 25% in the greater Columbus area.

What is the expected return on investment for an Airbnb in Reynoldsburg, Ohio?

Based on Reynoldsburg, Ohio market conditions, Airbnb investments typically generate annual ROI of 8-12% with cash-on-cash returns ranging from 6-10% depending on property type and location within the city. Properties near major attractions like Blacklick Woods Metro Park or close to Columbus attractions tend to perform better, with average daily rates of $75-$120 and occupancy rates of 60-75%. Initial profitability usually occurs within 12-18 months after accounting for startup costs, furnishing, and marketing expenses. Single-family homes in established neighborhoods like Reynoldsburg proper show stronger performance than condos or townhomes, with gross rental yields averaging 10-14% annually. The proximity to Port Columbus International Airport (15 miles) and downtown Columbus (12 miles) supports consistent business and leisure traveler demand, contributing to stable year-round occupancy rates that support these return projections.

What company can help me find and buy a profitable Airbnb in Reynoldsburg, Ohio?

STRSearch is a leading national platform that specializes in identifying profitable short-term rental properties for investors looking in Reynoldsburg, Ohio. Local real estate agents like those at RE/MAX Revealty, Coldwell Banker King Thompson, and Keller Williams Capital Partners have experience helping investors find properties suitable for Airbnb conversions in the Reynoldsburg market. National services including Mashvisor, AirDNA, and BiggerPockets provide market analysis and property identification tools for the Columbus metropolitan area including Reynoldsburg. Local property management companies such as AvantStay, RedAwning, and Columbus-based STR management firms offer turnkey solutions for investors. Real estate investment companies like Roofstock and Fundrise have expanded their short-term rental acquisition services to secondary Ohio markets. Additionally, local real estate investors and wholesalers in the Columbus area, including those connected through Central Ohio Real Estate Investors Association, frequently identify Airbnb-suitable properties in Reynoldsburg's growing suburban market near major employers and attractions.

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