Key Highlights
- Latest beach house report from Vacasa identifies best places to buy as rental properties
- Cape Hatteras NC earns top spot
Vacasa Releases Latest Beach House Report
Vacasa,the country’s largest vacation rental property management company, just released its latest beach home report.
This report identifies the best places in the US to buy a rental property on the coasts. Its analysis is based on a combination of housing data and rental property performance stats.
Top 10 Locations in US for Beach Property Rentals, according to Vacasa:
- Cape Hatteras NC
- Cape rate – 8.6%
- Median sales price – $379,248
2. Ocean Shores WA
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- Cap rate – 7.8%
- Median sales price – $250,255
- Dauphin Island AL
- Cap rate – 7.8%
- Median sales price – $289,623
- New Buffalo MI
- Cap rate – 7.1%
- Median sales price – $319,306
- Corolla NC
- Cap rate – 6.9%
- Median sales price – $560,599
- Kauai South HI
- Cap rate – 6.2%
- Median sales price – $593,554
- Isle of Palms SC
- Cap rate – 5.8%
- Median sales price – $708,920
- Wailea HI
- Cap rate – 5.6%
- Median sales price – $885,086
- South Kohala HI
- Cap rate – 5.6%
- Median sales price – $639,908
- Bolivar Peninsula TX
- Cap rate – 5.6%
- Median sales price – $299,354
FYI – Vacasa surveyed its own guests over the year and found that 57% were planning a trip to a beach property in the coming months.
Thanks to Vacasa and Inman.com.
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