Performance indicators for the Pennington Gap short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Pennington Gap.
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Challenging to Investors
STRs are allowed statewide unless locally restricted, but Pennington Gap/Lee County provide no specifics on zoning, permits, caps, inspections, or local taxes—so compliance must be verified and could introduce fees or rules that raise cost/complexity.
Local STR Agent
STR specialist · Pennington Gap, VA
Pennington Gap is a town in Lee County, Virginia, United States. The population was 1,624 at the 2020 census.