Finding income properties for sale can be challenging. Fortunately, there are investment property websites available to help with your search.
Table of Contents
- How Mashvisor Can Help Investors Find a Lucrative Investment Property
- How Mashvisor Compares to Other Real Estate Investment Websites
- Start Your Investment Property Search
Investing in residential real estate is one of the best ways to make money. But, your success relies on finding real estate properties that will yield high returns. What makes you a successful investor will typically depend on how well you perform your investment property search.
Most real estate markets offer thousands of available homes for sale. Choosing a potentially profitable investment can be challenging, especially for beginner investors. Plus, numerous investment property websites are available today, so how to make sure you’re choosing a reliable one?
As an investor, it’s essential to identify the best real estate websites. The best investment property website lets you search for properties in any US real estate market. You should also consider other factors, such as ease of use, how updated the listings are, and available tools.
Mashvisor is one of the best real estate websites for finding investment properties for sale. It is a real estate investment software that empowers investors with access to traditional and Airbnb data analysis. It employs advanced AI technology and cutting-edge algorithms to sort properties that match your criteria.
Mashvisor doesn’t just give you access to MLS listings and property data; it also allows you to analyze the properties and their locations. Its real estate investment tools let you perform an investment property search and make educated decisions.
In the following sections, we will learn about the tools and discuss how the Mashvisor website works to your advantage
How Mashvisor Can Help Investors Find a Lucrative Investment Property
What makes Mashvisor unique from other investment property websites is that it is a one-stop shop for all your real estate investing needs. The platform provides all the necessary tools to help investors make an informed investment decision. It is ideal for both new and experienced investors who need to find the best real estate investment in their preferred location.
Here are several useful tools that you can find on the Mashvisor website that are crucial to a successful investment property search:
1. Rental Property Finder
To find the most profitable investment property, the first investment property search tool you’ll need is Mashvisor’s Rental Property Finder. When searching for the best rental properties for sale, you must have certain criteria in mind. This tool allows you to filter out unwanted properties in order to find an investment property that meets your goals and criteria.
After setting the required filters, the Property Finder uses AI technology and advanced machine learning algorithms to find not just any properties but those with the highest potential for profits. Using this investment property search engine is the fastest and most efficient way to find money-making residential real estate in any housing market in the United States.
The rental property finder tool is a better option rather than typing “investment properties for sale near me” on a search bar. It is also an excellent way to find out of state investment properties.
To find the right income property customized to your needs, you can use the following filters that the Property Finder tool supports:
Location
To start your search, you need to enter your preferred city where you plan to buy an investment property. The good news is that you can simultaneously add up to 10 cities in your search.
Miles
This filter allows you to select the distance range of the property from the city proper. By setting the distance range, you can get more results based on your preferred distance.
Budget
This refers to the budget range that you want to keep your search within. You can set a budget that ranges from $50,000 to $5 million. It is an important filter that will only generate results within your budget. By setting a budget range, you can be sure to stick to your budget and only purchase the best property you can afford.
Rental Strategy
This filter allows you to select your investment plans. Do you plan to rent out your property for the long-term as a traditional rental or as a vacation rental to be listed on Airbnb? You can also select “All” to find properties that are best for both Airbnb and traditional rental strategies.
Type of Property
The next filter you can set on this investment property search website is the property type. You can choose from single-family, multifamily properties for sale, condo/coop, or others. By selecting your preferred property type, you can easily screen your search results according to what you are really looking for.
Number of Bedrooms
You can also set the number of bedrooms from zero to five.
Number of Bathrooms
Lastly, you can set the number of bathrooms from zero to five.
Do you have a free Mashvisor account? Use our Property Finder to find properties that match your criteria in a matter of minutes!
2. Real Estate Heatmap
Say that you know in which city you plan to buy rental property. When searching for an investment property on the city level, there would be so many options that you won’t know where to begin. It is why it’s always best for investors to narrow down their investment property search to a number of neighborhoods within the city.
Plus, location is key to successful residential real estate investing. It indicates the neighborhood, not just the city where your property is located. Mashvisor is the best investment property search website because it helps you find properties in the best areas by conducting a neighborhood analysis.
To conduct the analysis, you can use the Real Estate Heatmap tool, which provides visual cues and numerical data to find the top neighborhoods. You can analyze the different areas in a city where the best rental properties are located in terms of the following dataset/criteria:
Listing Price
By looking at the heatmap based on the listing price, you’ll know which neighborhoods sell properties that meet your budget. You can also easily click on the properties for sale in a particular area based on the color-coded listing price.
Airbnb Cash on Cash Return
If you intend to list your property on Airbnb, knowing the cash on cash return is essential to finding a profitable investment property. By setting the heatmap based on Airbnb cash on cash return, you can easily click on the properties that can generate good returns and positive cash flows.
Traditional Cash on Cash Return
If you plan to rent out the property for the long term, it’s important to determine the cash on cash return of the investment property before buying it. This dataset lets you see an overview of how much return you can possibly earn depending on the neighborhood or specific street address.
Airbnb Rental Income
To prioritize Airbnb rental income, you can also use this criterion to search for available-for-sale properties through the Heatmap tool. The dataset allows you to see the potential Airbnb income you can generate from that particular location. You will also see the areas that generate more rental income.
Traditional Rental Income
The traditional rental income dataset lets you filter through the traditional rental properties in your preferred location based on the monthly income they generate. It provides an overview of the neighborhoods that earn high traditional rental income versus those that don’t generate as much income.
Airbnb Occupancy Rate
Another important factor to consider when you plan to invest in Airbnb rentals is the occupancy rate. By using the Airbnb occupancy rate dataset, you’ll get an idea of how high the demand for vacation rentals in that particular area is. It lets you choose a neighborhood with a high occupancy rate as it means it is frequented by guests.
3. Neighborhood Analysis
Before you decide to buy an income property, you need to perform in-depth neighborhood analysis to determine if it’s a good idea to invest in that area. Mashvisor makes the process easier by providing the necessary information, including the rent analysis, rental comps, and insights. It also provides a Mashmeter score to give you an idea about the market’s opportunity.
To access these important data, you just need to click on a neighborhood, and you will see an overview of the neighborhood analysis on the website, including the following:
Mashmeter
Mashmeter is a dynamic score that predicts the neighborhood’s future investment potential using past revenues and other data. The higher the Mashmeter score, the more optimal the area is for real estate investing. It’s best to check and analyze this score before buying a property in any neighborhood.
Aside from the Mashmeter score, you will also see the median price in the area. You’ll also see the average cash on cash return and rental income for both traditional and Airbnb strategies, Airbnb occupancy rate, and walk score. You’ll also get an overview of the number of properties available and what is the optimal rental strategy in the area
Rent Analysis
The Rent Analysis is an excellent tool to help you analyze the rental property types for both traditional and Airbnb rentals in the neighborhood. You will see the occupancy rates, rental size distribution, occupancy rate stats, and rental income stats. Plus, you will also see the rental income of the different properties in the area for the past 12 months.
The above information can help you determine the rental trends in your chosen neighborhood. Using the provided data, you will be able to analyze the demand for traditional and Airbnb rentals, as well as your potential competition, before you buy any property.
Comps
Comps are comparable properties located in the area. By looking at the comps data, you will see an overview of the investment properties that are sold in the neighborhood. Important information such as the sales price, property type, size, and the number of bedrooms and bathrooms are also included.
Insights
The Insights feature works best for investors who are not sure how to analyze the neighborhood data on their own. It helps investors make an informed decision based on the neighborhood information provided. With this, you don’t need to make your own analysis if you don’t want to.
It basically provides an analysis of what is the best property type and the number of bedrooms that you should buy in the area. It also tells you the most optimal investment strategy that you should use if you decide to buy a property in your preferred neighborhood.
4. Investment Property Calculator
After finding real estate properties, your search for investment property is not yet over. The final – and most important – step is to analyze the properties you’ve found based on your preferred financing method. It is to ensure you buy a profitable rental property that makes financial sense for your investment.
In order to do so, you need to run the numbers behind real estate deals. In other words, you need to perform a rental property analysis. Fortunately, instead of doing the analysis manually, you can use Mashvisor’s Investment Property Calculator.
The tool provides you with a readily-available analysis of every listing on the platform. It estimates the important metrics to calculate the rate of return on a rental property and gives you a projection of its profitability.
Using comps and predictive analytics, the analysis includes the following:
Property Description
This includes the property type, the number of bedrooms and bathrooms, where it is exactly located, size, year built, features, and the amenities it offers. The data are provided by the listing agent.
Tax History
You will see important tax information, including the tax assessment and the property taxes for the past three years.
Property Price
This refers to the listing price of the property.
One-time Startup Costs
The one-time startup costs refer to the initial expenses. They include the costs of inspection, repairs, furniture and appliances, as well as closing costs. You can add your own initial expenses to get a more accurate calculation.
Recurring Monthly Expenses
The recurring monthly expenses are based on the state average. These expenses include insurance, utilities, property management fees, maintenance costs, property taxes, HOA dues, rental income taxes, and cleaning fees. You can also add your customized recurring expenses for a more personal result.
Rental Strategy
This includes the potential comparable rental income you can generate if you choose to rent out the property as a traditional rental or list it on the Airbnb website. It also shows the comparable cash flow, cap rate, cash on cash return, and occupancy rate for both traditional and Airbnb rental strategies.
The purpose of the above data is to provide a comparative analysis to show which rental strategy is best for a particular income property. It ensures that you will buy a property that is optimal for your preferred rental strategy.
Mortgage Calculator
An interactive mortgage calculator is also available on Mashvisor’s website. The calculator allows you to choose whether you plan to buy the property through a mortgage loan or in entire cash. If you take a loan to finance the purchase, you can customize your down payment, mortgage type, term, and interest rate.
With access to these property data for every listing on the website, you can quickly compare the different properties and choose the one with the highest potential for returns.
Furthermore, Mashvisor’s Investment Property Calculator estimates the ROI metrics for both the traditional and Airbnb rental strategies. The calculator helps you determine which rental strategy is optimal for your residential investment property.
To start your investment property search and analysis using Mashvisor’s tools, click here.
How Mashvisor Compares to Other Real Estate Investment Websites
Mashvisor is different from all other investment property websites because it provides all the necessary information and tools that every investor needs to become successful. It is a one-stop shop for both beginner and seasoned real estate investors. Let’s take a look at how the Mashvisor website compares to other real estate websites in the market today.
1. Mashvisor vs Zillow
Zillow is an online real estate marketplace that was founded in 2006. It allows users to search for properties that they can buy, sell, finance, or rent. Just like the Mashvisor website, Zillow allows you to search for investment properties by address, neighborhood, city, or zip code.
Zillow Features and Services
Aside from its property search tool, the Zillow website also offers the following features and services:
- Zestimate: This tool provides an estimate of a rental property’s value. The accuracy of the Zestimate tool depends on the state or specific property location.
- Zillow Rentals: This tool allows renters to search for and request to view a rental property. Renters can also apply to rent the property and pay rent through the website. Zillow helps the landlords by screening the applicant and processing the renter’s credit and background checks.
- Zillow Agent Finder: If you need to work with an agent, the website allows you to find an agent by location, name, specialties, and language spoken.
- Zillow Home Loans: Zillow also offers financing solutions for buyers who need funding. You can request pre-approval directly from their website, find a lender, check the rates, and calculate how much you’ll pay per month.
How Is Mashvisor Different From Zillow?
Both Mashvisor and Zillow websites can help homebuyers find a property to buy. Mashvisor is ideal for investors looking to purchase a rental property either for a traditional or Airbnb rental strategy. On the other hand, Zillow is a platform that’s designed for homebuyers or renters looking for properties for their personal use.
With Mashvisor, both new and experienced investors can see an in-depth analysis of the property which can help them make an educated investment decision. In contrast, Zillow does not provide the same comprehensive analysis as Mashvisor does. It is something that you need to consider if you’re searching for a property primarily for investment purposes.
2. Mashvisor vs Rentometer
Rentometer is a real estate website that provides rent price estimates in the neighborhood compared to the subject property. This website is ideal for landlords who are not sure how to price their rental properties correctly. Rentometer determines the current market rental rate for a particular property by using various metrics.
Rentometer Features
The Rentometer website is primarily focused on analyzing rental properties in a certain location to provide an ideal rent estimate. Renters and investors can search the website based on the address, neighborhood, zip code, and city.
How Is Mashvisor Different From Rentometer?
Rentometer lacks several features found in Mashvisor. For instance, Rentometer lacks a property search tool, which is one of the most important features investors need in a real estate website. However, it offers a property listing feature, and you can find property listings on the website’s classified section.
Rentometer also doesn’t provide an in-depth rental property analysis to help investors understand the potential profitability of an investment property. Further, it doesn’t offer a rental property calculator that will help investors calculate the potential rental income based on monthly expenses and mortgage payments.
3. Mashvisor vs PropertyRadar
PropertyRadar is another real estate website that allows investors to search properties based on their custom criteria. It also provides market and property data to help investors have an overview of the property they are planning to buy.
PropertyRadar Features
PropertyRadar offers the following features on its website:
- Property Data: This includes the location, characteristics, value and equity, and ownership information about the property. It also provides information about property taxes, legal, mortgage, foreclosure, parcel boundary, vacancy, and tax delinquencies.
- Owner Information: Users can also get access to owner information. It includes the names of the owners, addresses, social media links, contact numbers, email, demographics, neighbors, and other properties owned.
- Community: PropertyRadar also provides data about the community, such as demographics, environment, and risks. In addition, users can also get information about housing statistics and neighborhoods.
How Is Mashvisor Different From PropertyRadar?
Both PropertyRadar and Mashvisor websites offer property search tools that let investors find an income property depending on their preferred location and other criteria. However, Mashvisor also provides other essential real estate investing tools that PropertyRadar lacks. They include the investment property calculator, rental data analysis, neighborhood comps, and more.
4. Mashvisor vs Estated
Estated is a real estate solutions website that offers a property search feature that provides access to a residential property database. It also provides access to information such as boundaries, deeds, structure, property ownership, and valuations.
Estated Services
Here are the real estate solutions the Estated website provides:
- Property Data API: This feature provides property data to users through its simplified property data API. The website offers pay-as-you-go plans to access property data as needed. It is for users who do not want to pay for monthly subscriptions.
- Bulk Property Data: The website also offers customized property data plans for investors with bulk property data needs.
How Is Mashvisor Different From Estated?
Similar to Mashvisor, the Estated website offers the necessary information about investment properties. However, unlike Mashvisor, Estated is not a one-stop shop for both new and seasoned investors. It does not provide other real estate tools like the investment property calculator and rental strategy analysis.
5. Mashvisor vs Airbtics
Airbtics is a real estate website designed for real estate investors who require solutions for managing their vacation rentals. It helps Airbnb owners set the price for their short-term rentals. In addition, it also provides real estate market data, such as rental trends, occupancy rates, seasonality, rent estimates, and booking patterns.
Airbtics Features
You can find the following features from the Airbtics real estate website:
- Short-term Vacation Rental Data: Airbtics specializes in vacation rentals, providing necessary data to Airbnb owners to help them manage their Airbnb properties.
- Airbnb Calculator: Airbtics allows users to simulate their cash return through its Airbnb calculator.
- Historical Performance Data: The website provides historical performance data on various neighborhoods and property types to help investors choose the right investment property.
How Is Mashvisor Different From Airbtics?
While Mashvisor is suitable for all types of real estate investors, Airbtics is a website specifically designed for Airbnb owners and people who plan to invest in vacation rentals. Airbtics doesn’t provide an in-depth rental property analysis for traditional rentals, just like Mashvisor does. Also, Mashvisor offers more investing tools compared to the Airbtics website.
Start Your Investment Property Search
Given the increasing competition in the residential real estate investing industry, you need to get access to the best website for investment property search. Different investment property websites are available, but not all are reliable. Make sure to choose one that can provide accurate real estate data and help you make an informed decision.
With the help of Mashvisor’s real estate investment tools, you’ll be able to take guessing out of the equation. Mashvisor is the perfect tool that can help you make decisions based on accurate real estate data and analytics. With Mashvisor, you can search for a profitable income property based on different filters to help you find the right one that matches your criteria.
The real estate website also offers other features that are useful to your success. The investment property calculator lets you calculate the potential income you can earn from a particular investment property. In addition, you will also know the optimal rental strategy that’s best for a specific property or neighborhood.
Want to start using the property search tools mentioned above so you can find the best and most lucrative rental properties for sale in the US?
Click here to start your 7-day free trial with Mashvisor, followed by 15% off for life.