Falmouth, Cape Cod, is an attractive destination for families and investors, featuring vibrant village life and proximity to beautiful beaches. Last summer, average daily rental rates were $556, and with an annual mortgage cost of $67,367, renting for 14 weeks generated nearly 81% of the mortgage cost. Increasing rental rates mean nearly 87% coverage by 2025. This favorable economic condition attracts small investors, who comprised 59.2% of home purchases in 2024, vying for properties that promise steady rental income in a market known for its desirability.
The rising rental income in Falmouth significantly eases the burden of mortgage payments for property owners, making it a promising choice for investors.
Falmouth's rental market is thriving, with a projected increase in peak daily rates emphasizing the area's attractiveness to vacationers and small investors alike.
Collection
[
|
...
]