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Real Estate / PropTech · Sandpiper

91 landlord leads at 4x ROAS for a PropTech rental platform

A Meta lead-generation campaign in St. Louis attracted 91 qualified landlord leads at $27.68 CPL, with an estimated 4x ROAS.

91

Qualified leads

$27.68

Cost per lead

4x

Estimated ROAS

The challenge

Sandpiper needed to convince property owners and landlords in St. Louis to list on a newer, AI-powered rental platform instead of high-commission alternatives like Airbnb.

Our strategy

We ran a lead-generation campaign with Instant Forms and short-form video creatives. Targeting focused on homeowners, real estate investors and property managers aged 25–60 within an 80 km radius of St. Louis, using messaging around vacancy pain points and faster tenant matching.

The results

The campaign reached 40,708 users, generated 91 landlord leads and achieved a 2.52% overall CTR — above the real-estate benchmark. With a 4x estimated ROAS, the programme proved scalable for expansion into additional markets.

Services used

  • Meta Ads (Facebook & Instagram)
  • Lead Generation
  • Video Advertising
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