Looking to buy a vacation rental? Rented.com compared 150 United States vacation markets in terms of real estate prices, local vacation rental rates, insurance costs, taxes, maintenance costs, and overall popularity of the tourist destinations. They also took into consideration the short-term rental regulations and came up with the best places to buy vacation rentals based on ROI. Here are some of their findings of the top 10 most profitable and least profitable places to buy properties:
10 Best Vacation Markets in Terms of ROI:
Panama City Beach, Florida
10 Worst Vacation Markets in Terms of ROI:
Oklahoma City, Oklahoma
Ponte Vedra, Florida
New York, New York
Park City, Utah
Martha’s Vineyard, Massachusetts
Palo Alto, California
Check out the Rented.com 2018 Reportto see all 150 vacation markets and more details on ROI and estimated rental income.
Looking to buy more vacation rentals? We can help!
Disclaimer: The information in this blog has been prepared solely for informational purposes. The contents are based upon or derived from information generally believed to be reliable although Visio Lending accepts no liability with regard to the user's reliance on it. For legal advice, please contact your counsel.