Best places to buy a beach home in 2022

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

An Alabama beach town topped the list for the most profitable beach market.

Up north in the Great Lakes state is this small beach town that has a cap rate of 6.6% and a median home sale price of $569,873. Its average annual gross rental revenue is $58,544.This vibrant Atlantic coast city has a 6.5% cap rate and an average annual gross rental revenue of $31,913. Its median home sale price is $247,960.A lighthouse and home at the ferry entrance to south side of Bolivar Island from the port of Galveston, Texas.

An island city on the Gulf Coast, Galveston, has a median home price of $340,559 and an average annual gross rental revenue of $43,981, with a 6.4% cap rate. / Getty Images) This island has a 6.4% cap rate, a median home sale price of $482,447 and an average annual gross rental revenue of $45,968.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Gulf Shores is 1!

It's nice to live here

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines