Killington is a medium DSCR friendliness short-term rental market within the Mountain ski category. Property type and tourism patterns drive STR economics here in particular ways that distinguish Killington from peer destinations.
Killington, VT is a medium short-term rental DSCR market. Property type: Mountain ski. Median home value approximately $495K. Average nightly rate: $295.
Occupancy rate in Killington averages approximately 48%, which combined with the nightly rate produces gross annual revenue per property of approximately $52K.
Killington Vermont East Coast largest ski resort STR. STR regulatory environment in Killington: lenient.
Killington seasonality and tourism patterns
Tourist demand in Killington tends toward multi-bedroom group bookings during ski season.
Killington STR economics
Killington STR cash flow math: $52K gross revenue minus operating costs of approximately $21K (cleaning, supplies, management, marketing, utilities) leaves roughly $31K for debt service and net cash flow.
Killington specific FAQ
Killington peaks December through March (ski season) with secondary summer. Lenders use annual averaged occupancy in underwriting.
Killington guests prefer multi-bedroom ski groups. Hot tubs and ski storage command premium rates.
Killington is generally STR-friendly with standard registration requirements.
Killington averages approximately 48% occupancy. Premium properties outperform; standard properties cluster near average.
Killington averages approximately $295 per night. Premium units command 1.5-2.5x average.
Full-service STR management in Killington runs 20-35% of gross revenue. Co-host arrangements run 15-25%. Self-management saves the fee but consumes 10-20 hours weekly.
A Killington STR at the median home value of $495K typically requires 25-30% down, furniture and setup ($15K-50K), reserves (6-12 months PITIA), and closing costs. Total initial capital roughly $208K+.
Bottom line for Killington STR investors
Killington STR works for investors comfortable with the mountain ski operating profile and lenient regulatory environment. Match the property to the market and the math typically works. Mismatch and the property struggles regardless of underwriting.
STR regulations vary by city and change frequently. Verify current local rules before acquisition.