Short-term rentals in Southaven, Mississippi are thriving, with a wide range of highly-rated, fully furnished options, including pet-friendly and family-friendly properties, that offer convenient amenities and flexible booking terms, making the area an attractive destination for both travelers and investors.
Thriving Short-Term Rentals in Southaven, Mississippi
Southaven, Mississippi, is experiencing a robust performance in its short-term rental market, making it an attractive destination for both travelers and investors. With a diverse array of fully furnished rentals, including homes, townhouses, and guesthouses, the area is seeing high occupancy rates. Properties listed on platforms like Airbnb boast impressive average ratings, such as a 4.79 out of 5 for a townhouse in Southaven and a 4.98 out of 5 for a guesthouse in nearby Hernando, indicating high guest satisfaction.
While specific occupancy and average daily rate data are not provided, the strong reviews and the presence of 110 properties with over 3,000 reviews suggest a healthy demand. Additionally, the availability of amenities like kitchens, WiFi, pet-friendly options, and dedicated work spaces further enhances the appeal of these rentals, making Southaven an ideal location for digital nomads, families, and corporate housing needs.
Short-Term Rental Regulations in Southaven, Mississippi for 2024
While the specific regulations for Southaven, Mississippi, are not detailed in the provided sources, we can infer some general requirements based on similar regulations in other Mississippi cities and common practices. Here is a list of likely regulations, though it is advisable to consult the City of Southaven's official Code of Ordinances or contact local authorities for precise information.
General Requirements
- Registration and Permitting:
- Short-term rental properties must be registered with the city.
- Obtain a short-term rental permit before operating.
Insurance and Liability
- Liability Insurance:
- Secure liability insurance with a minimum coverage amount, often $500,000 per occurrence.
Safety and Health Standards
- Safety Equipment:
- Equip rentals with fire extinguishers and carbon monoxide detectors.
Tax and Fee Compliance
- Tax Remittance:
- Collect and remit relevant taxes and fees corresponding to visitor-related transactions.
Neighborhood and Community Standards
- Neighborhood Integrity:
- Maintain neighborhood integrity by adhering to local rules and HOA covenants.
- Guest Awareness:
- Ensure guests are aware of city ordinances, particularly those regarding noise.
Property Management
- Local Property Manager:
- Designate a local property manager for guest inquiries available 24/7.
Inspections and Certificates
- Annual or Bi-Annual Inspections:
- Rental units must pass safety inspections before any short-term rental certificate is issued.
Additional Requirements
- Notification of Neighbors:
- Notify neighbors about rental operations.
- Compliance Hotline:
- Have a system in place for reporting non-emergency issues concerning short-term rental properties.
For the most accurate and up-to-date information, it is recommended to consult the City of Southaven's official Code of Ordinances or contact their local government offices.
Top Airbnb Revenue-Generating Neighborhoods in Southaven, Mississippi
While specific neighborhood-level data for Southaven, Mississippi, is not extensively detailed in the sources, we can infer the appeal and revenue potential of various areas based on the available information.
Neighborhoods and Their Appeal
1. Areas Near Snowden Grove
- Appeal: These areas are highly rated for their tranquility, safety, and proximity to shopping areas, gas stations, and highways. Properties here, such as "Mi Casa Es Su Casa," offer large houses with amenities like pool tables, playing card tables, and spacious yards, making them ideal for families and groups.
- Revenue Potential: The close proximity to Memphis and the availability of large, well-equipped homes suggest a high revenue potential due to the demand for spacious and convenient accommodations.
2. Central Southaven
- Appeal: This area is favored for its balance of a country-like setting within the city. Homes here are often described as peaceful, cozy, and newly constructed, with features like front and back porches and ample space for entertainment.
- Revenue Potential: The combination of modern amenities and a tranquil atmosphere makes these properties attractive to a wide range of guests, contributing to their revenue potential.
3. Areas Close to Major Highways and Interstates
- Appeal: Properties in these areas are praised for their convenience, with easy access to highways and interstates, making them ideal for travelers who need quick access to Memphis and other nearby locations.
- Revenue Potential: The convenience factor and the proximity to major transportation routes increase the appeal and thus the revenue potential of these properties.
Why These Neighborhoods Are Appealing
- Location: Proximity to Memphis, shopping areas, and major highways makes these neighborhoods highly convenient for guests.
- Amenities: Properties often come with extensive amenities such as large yards, pool tables, and multiple bedrooms, which cater to families and larger groups.
- Safety and Tranquility: Guests appreciate the safe and tranquil environment, which is a significant factor in choosing a vacation rental.
- Modern and Well-Appointed Homes: Newly constructed homes with modern features like smart TVs, Wi-Fi, and fully equipped kitchens enhance the guest experience and attract higher revenue.
These factors collectively contribute to the high appeal and revenue potential of Airbnb properties in Southaven, Mississippi.
Furnishing and Design Tips for an Inviting Airbnb in Southaven, Mississippi
Defining Your Property's Aesthetic
- Align your property's aesthetic with the local style and market demand. Southaven's blend of Southern charm and modern amenities should be reflected in your design choices.
Measuring and Layout
- Measure your rooms to determine the best furniture layout. Ensure there is ample space to move around and that natural light sources are not blocked.
Timeless and Functional Furniture
- Choose timeless, sturdy pieces that are easy to clean and maintain. Opt for furniture with multi-functional uses, such as storage beds, sofa beds, and ottomans with hidden storage.
Comfort and Durability
- Select a solid bed with a mattress that is at least 8 inches thick. Consider memory foam mattresses for their durability and ease of replacement. Use a mattress cover to extend the life of the mattress.
- Invest in high-quality, durable towels and toiletries. Provide enough storage for guests' personal items.
Smart Storage Solutions
- Utilize smart storage options like beds with drawers, wall hooks, pegboards in the kitchen, and stackable containers to keep the space tidy and organized.
Enhancing Space with Mirrors
- Use mirrors to make your Airbnb feel bigger and brighter. A full-length mirror is essential for guests getting ready, and ensure there is a power socket nearby for hair dryers and straighteners.
Dining and Living Areas
- Choose a dining table that is tough and resistant to wear and tear. Opt for comfy, lightweight chairs that are easy to move around. For the living area, select a sofa that is durable and easy to clean, avoiding real and faux leather. Consider a sofa bed to increase guest capacity.
Kitchen Essentials
- Equip your kitchen with essentials like a coffee maker, microwave, toaster, and kettle. Ensure the kitchen is well-appointed and functional for guests.
Accessibility and Inclusivity
- Make your Airbnb accessible to guests with disabilities by incorporating features like ramps, wide doorways, and grab bars in bathrooms.
Seasonal Updates
- Plan furniture updates during the off-season or short gaps between bookings to minimize disruption. This ensures your space remains guest-ready without significant downtime.
Budgeting and Splurging
- Set a budget and prioritize spending on statement pieces that define your space, such as the living room furniture. Be mindful of where to splurge and where to save to maintain a balanced and inviting atmosphere.
Adding Local Touches
- Incorporate local elements and decor to give your Airbnb a unique Southaven flair. This could include artwork, plants, or other decorative items that reflect the local culture and style.
Discover Southaven, Mississippi: Local Attractions and Insider Tips
Top Local Attractions
1. BankPlus Amphitheater at Snowden Grove
- Located in Snowden Grove Park, this outdoor amphitheater hosts various concerts and events, featuring big-name performers. Enjoy VIP seating, a plaza area, and amenities like indoor restrooms and a concession stand.
2. Snowden Grove Park
- A family-friendly destination with 17 baseball fields, a fishing pond, an amphitheater, miniature golf, playgrounds, indoor batting cages, and a special complex for individuals with special abilities called Southaven Field of Dreams.
3. Landers Center
- A versatile venue for concerts, live theater, flea markets, comedy shows, and sports events. It is also home to the Memphis Hustle (NBA G League) and the Memphis Americans (National Indoor Soccer League).
4. Tanger Outlets Southaven
- An outlet mall with over 70 stores, offering a wide range of shopping options from antiques to fashion and more.
5. Central Park
- A large green space with tree-lined walking trails, ponds, a disc golf course, a children’s playground, and picnic areas. Perfect for a day out with family or a relaxing stroll.
6. Southaven Recreation Center
- Enjoy a night out with pool, darts, foosball, and a full bar. It’s a great spot for friendly competition and socializing.
7. Southaven Golf Center
- An 18-hole golf course with well-maintained greens and fairways, suitable for both beginners and seasoned golfers.
8. DeSoto County Veterans Park
- A park honoring national heroes with a beautiful lake, picnic tables, and monuments. It also features a Walk of Honor and a monument for animal veterans.
Insider Tips
Free Activities
- M.R. Davis Southaven Public Library: Offers free events, workshops, and activities for adults and kids, including crafts, storytime, and gaming sessions.
- Arts in the Alley: A free outdoor art gallery in Olive Branch featuring local artists’ work.
Local Favorites
- City Hall Cheesecake: A must-visit for sweet treats like cheesecake cupcakes and stuffed cookie sandwiches after a day at Snowden Grove Park.
Outdoor Adventures
- Center Hill Road Bicycle Route: An 8.4-mile loop suitable for intermediate riders, offering a rural character and challenging hills.
Shopping
- Southaven Towne Center: An open-air mall with various stores and restaurants, located just south of Goodman Road.
By sharing these attractions and insider tips, you can help your Airbnb guests make the most of their visit to Southaven, Mississippi.
Practical Tips to Run a Successful Short Term Rental Business in Southaven, Mississippi
To ensure the success of a short-term rental business in Southaven, Mississippi, several key practices should be implemented. First, it is crucial to adhere to and inform guests about local noise regulations, including quiet hours. This can be done by clearly outlining these rules in both digital and physical house manuals, which should also include essential instructions, Wi-Fi passwords, and other pertinent information to make the guest's stay seamless.
A simplified check-in process can significantly enhance the guest experience. Utilizing smart locks eliminates the need for physical key exchanges and provides guests with immediate access upon arrival. Additionally, providing detailed parking instructions accompanied by photos can help avoid confusion and ensure a smooth start to the stay.
By addressing these aspects, you can minimize potential issues, enhance guest satisfaction, and maintain a positive reputation for your short-term rental business in Southaven.
Here is a brief list of house cleaning providers in Southaven, Mississippi:
House Cleaning Services
ABE Essential Cleaning Company
- Offers residential, commercial, apartment, and move-out cleaning services.
- Provides eco-friendly products and professional, insured staff.
- Customized cleaning services, including one-time and recurring cleanings.
Merry Maids
- Provides comprehensive home cleaning services in Southaven and surrounding areas like Olive Branch and Horn Lake.
- Offers free estimates and has 40 years of experience.
Care.com House Cleaning Services
- Lists various affordable house cleaning options in Southaven, with rates starting at $18.36/hr.
- Allows searching by rates, reviews, experience, and more.
Homeaglow
- Offers professional, affordable, and background-checked house cleaners in Southaven.
- Initial 3-hour clean bookings start from $19.
Angi Listed House Cleaners
- Provides a list of the top 10 best house cleaners in Southaven, with costs varying by house size and number of bedrooms and bathrooms.
- Average cost to hire a house cleaner is between $30 and $50 per hour.
Southaven, Mississippi: Understanding Short-Term Rental Management Fees
In Southaven, Mississippi, short-term rental management fees can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management companies, such as RiverTown Realty and Specialized Property Management Memphis, offer comprehensive services including guest communication, marketing, and maintenance, which usually fall on the higher end of this range, often around 10% to 15% of monthly rent for single-family homes and slightly lower for larger property portfolios.
Basic service packages, which may include only lease management or rent collection, tend to be less expensive. Additionally, property owners may incur extra fees for services like cleaning, repairs, or design enhancements. For instance, companies like HomeRiver Group and Foundation Property Management may charge markup on repairs and additional fees for services such as HVAC maintenance, gutter cleaning, and tenant holiday gifts.
Understanding these fee structures is crucial for property owners to make informed decisions and ensure their investment properties in Southaven are managed efficiently and profitably.