Mills River, NC
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Mills River short-term rental market based on reliable data.
Listings
46 / 107
Reliable / Active
Cap Rate
6%
Middle-Earners Gross Yield
Revenue
$32,306
Middle-Earners Revenue
Occupancy
51%
Middle-Earners Occupancy
Home Value
$528,537
Median Home Sale Price
Top Earners
$66,541
Top-Earners Revenue
Mills River
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Mills River.
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Generally Investor friendly
Mills River Regulations
Mills River permits STRs under state law with a low‑regulation posture—no explicit local licensing in sources—while still requiring zoning verification, health/safety standards, and Henderson County occupancy tax registration/remittance. Compliance is straightforward and low cost, but investors must confirm any town registration and zoning before listing.
Local STR Agent
STR specialist · Mills River, NC
About Mills River
Mills River is a town in Henderson County, North Carolina, United States. The population was 6,802 at the 2010 census, and was estimated to be 7,406 in 2019. The town took its name from the nearby confluence of the Mills River and French Broad River. It is part of the Asheville Metropolitan Statistical Area. It was incorporated into a town in June 2003. Sierra Nevada opened a brewery in Mills River in 2014.