Market comparison

Chincoteague area — Onancock, VA vs Front Royal, VA

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

Modelled estimate
Chincoteague area — Onancock, VAFront Royal, VA
Modelled annual revenue$34,300$37,700
Nightly rate$188$188
Occupancy50%55%
Nights booked a year183201
Peak seasonApr–May–OctJun–Jul–Aug
Season concentration40% in top 4 months48% in top 4 months
Modelled purchase price$280,000$280,000
Modelled cash-on-cash9%13%
Break-even occupancy36%36%
Mid-term monthly rent$2,550$2,550
Short vs mid-termCloseClose
Rule statusStatus unpublishedStatus unpublished
Market typehistoricpark

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.

Want a second opinion on your property?

Send us the address and we will tell you what we think it can do, what the local rules require, and whether co-hosting makes sense for you.