STR DSCR investor profile of Park City
Park City, UT is a low short-term rental DSCR market. Property type: Mountain ski. Median home value approximately $1.5M. Average nightly rate: $685.
Occupancy rate in Park City averages approximately 60%, which combined with the nightly rate produces gross annual revenue per property of approximately $150K.
Park City Utah premium ski STR. Sundance Film Festival. STR regulatory environment in Park City: lenient.
STR financing for Park City
STR-specific DSCR loans underwrite based on projected nightly revenue and occupancy rather than long-term lease income. Specialty lenders that fund STR DSCR include Easy Street Capital, Visio Lending, and several private money operators.
For a Park City property at the median value of $1.5M generating $685 per night at 60% occupancy, gross annual revenue runs approximately $150K.
Park City STR FAQ
Yes. STR-specific DSCR loans available through specialty lenders (Easy Street Capital, Visio Lending, others). Lenders underwrite based on projected nightly revenue and occupancy rather than long-term lease income.
Park City averages approximately 60% occupancy. Lenders typically underwrite with conservative occupancy assumptions (lower than peak) and require AirDNA or similar data.
Average nightly rates in Park City run approximately $685. Premium units (size, location, amenities) command meaningfully higher rates.
Park City STR regulatory environment is lenient. Generally STR-friendly with standard registration requirements.
STR gross revenue per property in Park City averages approximately $150K annually. Operating costs (cleaning, supplies, management, utilities, maintenance) typically consume 30-50% of gross — netting roughly 50-70% to operating income.
Easy Street Capital, Visio Lending, and several private money operators underwrite STR-specific DSCR using projected revenue. Some lenders require 12+ months of operating history; others will fund pre-operating projections.
Yes. Lendai Finance and similar specialty lenders fund foreign-national STR acquisitions. Down payments typically 30-50%.
Park City primarily mountain ski property. Optimal STR property selection depends on guest demographics, amenity expectations, and local zoning.
STR regulations vary by city and change frequently. Verify current local rules before acquisition. STR revenue projections are directional — actual results vary.