Market comparison

Charlottesville, VA vs Chincoteague, VA

On modelled numbers, Charlottesville carries the higher annual revenue and Charlottesville the stronger occupancy. Same state alternatives

Modelled estimate
Charlottesville, VAChincoteague, VA
Modelled annual revenue$49,900$47,200
Nightly rate$228$235
Occupancy60%55%
Nights booked a year219201
Peak seasonJul–Aug–SepJun–Jul–Aug
Season concentration42% in top 4 months47% in top 4 months
Modelled purchase price$340,000$350,000
Modelled cash-on-cash16%13%
Break-even occupancy36%36%
Mid-term monthly rent$3,100$3,150
Short vs mid-termNightly aheadClose
Rule statusStatus unpublishedStatus unpublished
Market typewineatlantic-beach

Operating costs are modelled at 32% of gross revenue for a nightly rental (cleaning, supplies, utilities, platform fees, maintenance, insurance) and 14% for a monthly rental. Financing assumes a 25% down payment and a 30-year loan at 7%. These are planning assumptions, not quotes — replace them with your own numbers. Rule status is only stated where we hold an official source; otherwise it is marked as needing verification on each market's regulation page.

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