10 Best Places to Buy a Vacation Rental in 2020

With 2020 fast approaching, are you wondering where to invest in real estate in the new year? In this video we show you the 10 best places for buying a vacation rental property in the US 2020.

What does the best places mean?

These are the real estate markets which offer the highest return on investment for Airbnb rentals. We have used Mashvisor's nationwide real estate data and done real estate market analysis (https://www.mashvisor.com/blog/real-estate-market-analysis/) to find where you can make most money in real estate by investing in a short term rental property. Importantly, we have checked the Airbnb laws and regulations in each of these 10 top locations for buying a vacation rental to confirm that short term rentals for non-owner occupied properties are legal and unrestricted.

So, the 10 best places to buy a vacation rental in 2020 are:

1. Huntington, VT
- Median Property Price: $155,746
- Price/Square Foot: $79
- Airbnb Rental Income: $1,996
- Airbnb Occupancy Rate: 45.1%
- Airbnb Cap Rate: 8.3%

2. Tuscaloosa, AL
- Median Property Price: $328,238
- Price/Square Foot: $188
- Airbnb Rental Income: $3,665
- Airbnb Occupancy Rate: 39.3%
- Airbnb Cap Rate: 7.7%

3. Sevierville, TN
- Median Property Price: $385,527
- Price/Square Foot: $180
- Airbnb Rental Income: $3,521
- Airbnb Occupancy Rate: 72.8%
- Airbnb Cap Rate: 7.7%

4. Buffalo, NY
- Median Property Price: $186,125
- Price/Square Foot: $101
- Airbnb Rental Income: $2,282
- Airbnb Occupancy Rate: 58.7%
- Airbnb Cap Rate: 7.6%

5. Gatlinburg, TN
- Median Property Price: $393,935
- Price/Square Foot: $204
- Airbnb Rental Income: $3,800
- Airbnb Occupancy Rate: 70.1%
- Airbnb Cap Rate: 7.5%

6. Memphis, TN
- Median Property Price: $213,220
- Price/Square Foot: $66
- Airbnb Rental Income: $1,822
- Airbnb Occupancy Rate: 61.8%
- Airbnb Cap Rate: 7.3%

7. Marana, AZ
- Median Property Price: $349,974
- Price/Square Foot: $153
- Airbnb Rental Income: $3,898
- Airbnb Occupancy Rate: 49.6%
- Airbnb Cap Rate: 7.2%

8. Hutchinson, KS
- Median Property Price: $186,729
- Price/Square Foot: $80
- Airbnb Rental Income: $2,286
- Airbnb Occupancy Rate: 56.1%
- Airbnb Cap Rate: 7.1%

9. Springfield, MS
- Median Property Price: $212,686
- Price/Square Foot: $94
- Airbnb Rental Income: $1,922
- Airbnb Occupancy Rate: 55.0%
- Airbnb Cap Rate: 7.0%

10. Jonesboro, AR
- Median Property Price: $255,204
- Price/Square Foot: $107
- Airbnb Rental Income: $2,165
- Airbnb Occupancy Rate: 58.4%
- Airbnb Cap Rate: 7.0%

If you'd like to learn more about investing in a vacation rental home in these locations or any other, read: https://www.mashvisor.com/blog/best-places-buying-a-vacation-home-2020/.

To find the most profitable Airbnb rental properties for sale within your budget in these real estate markets or others, visit https://www.mashvisor.com/.

You will gain access to readily available investment property analysis (https://www.mashvisor.com/blog/how-to-investment-property-analysis/) of hundreds of thousands of properties for sale across the US housing market including listing price, traditional and Airbnb rental income, traditional and Airbnb cash on cash return, traditional and Airbnb cap rate, traditional and Airbnb occupancy rate, cash flow, rental expenses, and others.