Hope Mills, NC

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Hope Mills short-term rental market based on reliable data.

Listings

36 / 69

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$25,418

Middle-Earners Revenue

Occupancy

75%

Middle-Earners Occupancy

Home Value

$260,727

Median Home Sale Price

Top Earners

$40,587

Top-Earners Revenue

Hope Mills

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Hope Mills.

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C

Challenging to Investors

Hope Mills Regulations

Hope Mills permits STRs only as traditional bed and breakfasts, requiring the property to be originally a single-family dwelling, a max of 9 guestrooms, fire Marshal approval, a detailed site plan, health/state permits, and tight operational limits (no cooking in rooms, breakfast-only, signage and parking restrictions). This creates significant compliance costs and operational constraints, and without clear allowances for modern STR platforms, the overall environment is challenging for investors.

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About Hope Mills

Hope Mills is a town in Cumberland County, North Carolina, United States. Its population was 15,176 at the 2010 census.

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