Investment Property for Sale near me [Buy smartly]

Find investment property for sale in the USA! Discover top spots, Airbnb options, and cheap investment properties with prices and tips.

Hey there, future property mogul! If you’re on the hunt for an investment property for sale in the USA, you’re in the right place. Whether it’s investment properties, an Airbnb investment property, or even cheap investment, I’ve got you covered.

Investment Property for Sale near me [Buy smartly]
Investment Property for Sale near me [Buy smartly]

The U.S. real estate market is buzzing with opportunities, especially for savvy investors like you. I’ll walk you through the best places to buy properties for sale across the country, toss in some estimated prices, and break it all down with tables and lists.

Read more about Investment Ideas and guides here

The U.S. has over 140 million housing units, per the Census Bureau, and plenty of them are ripe for investment. From vacation rentals to fixer-uppers, there’s something for every budget.

Whether you want a steady rental income or a quick flip, knowing where to look is key. Let’s dive into the top spots for investment property and see what makes them tick.

Why Buy an Investment Property for Sale Now

Investing in real estate is a classic way to grow your money. An investment property can bring in rent cash, flip profits, or Airbnb income. With interest rates steadying around 6-7% in 2025 (per Freddie Mac), it’s a solid time to jump in.

Plus, places with growing populations or tourism are goldmines for investment properties. Want something close? Search for investment properties for sale near me to keep it local.

Let’s check out the best U.S. cities to snag a deal!

Best Places to Buy Investment Properties for Sale in the USA

I’ve picked five standout cities for investment property based on affordability, growth, and rental potential. These spots mix cheap properties for sale with hot Airbnb property options.

Here’s the rundown, with tables for estimated prices and details.

1. Cleveland Ohio

Cleveland’s a hidden gem for investment. It’s got low prices and a steady rental demand thanks to its Midwest charm and job growth. Posts on X from April 2025 highlight it as a top affordable pick.

  • Why It’s Great: Homes average $150,000, per Zillow, with rents around $1,200/month.
  • Airbnb Potential: Downtown and Ohio City draw tourists for sports and culture.
  • Cheap Factor: Fixer-uppers start at $50,000, perfect for cheap investment properties.
Property TypeEstimated PriceMonthly RentKey Benefit
Single Family Home$150,000$1,200Steady tenant demand
Fixer Upper$50,000$900 (post-renovation)Low entry cost
Airbnb Rental (Downtown)$180,000$2,000High tourist traffic

2. Memphis Tennessee

Memphis blends music history with affordable investment. It’s a hotspot for rentals and Airbnb investment property thanks to Graceland and Beale Street.

  • Why It’s Great: Median home price is $175,000, with rents at $1,300/month (Realtor.com).
  • Airbnb Potential: Vacation rentals near tourist spots average $100/night.
  • Cheap Factor: Foreclosures and older homes go for $60,000-$80,000.
Property TypeEstimated PriceMonthly RentKey Benefit
Single Family Home$175,000$1,300Strong rental market
Foreclosure$70,000$1,000 (post-fix)Budget-friendly entry
Airbnb Rental (Midtown)$200,000$2,500Music tourism draw

3. Boise Idaho

Boise is booming with tech jobs and outdoor lovers, making it a prime spot for investment property if you’re in the West. It’s pricier but growing fast.

  • Why It’s Great: Homes average $350,000, rents hit $1,800/month (Redfin).
  • Airbnb Potential: Ski season and summer hiking boost short-term rentals.
  • Cheap Factor: Condos start at $200,000, still reasonable for growth.
Property TypeEstimated PriceMonthly RentKey Benefit
Single Family Home$350,000$1,800High appreciation
Condo$200,000$1,400Affordable starter
Airbnb Rental (Downtown)$400,000$3,000Outdoor tourism

4. San Antonio Texas

San Antonio’s got history, affordability, and a big rental market, ideal for investment properties. It’s also a sweet spot for Airbnb property near the Alamo.

  • Why It’s Great: Median price is $250,000, rents around $1,500/month (Zillow).
  • Airbnb Potential: Tourists flock to the River Walk year-round.
  • Cheap Factor: Older homes in up-and-coming areas start at $100,000.
Property TypeEstimated PriceMonthly RentKey Benefit
Single Family Home$250,000$1,500Growing population
Fixer Upper$100,000$1,200 (post-renovation)Low cost, high return
Airbnb Rental (River Walk)$300,000$2,800Tourist hotspot

5. Asheville North Carolina

Asheville’s artsy vibe and mountain beauty make it a top pick for investment property, especially Airbnb property. It’s pricier but pays off.

  • Why It’s Great: Homes average $375,000, rents at $1,900/month (Realtor.com).
  • Airbnb Potential: Cabins pull $150-$200/night, per Mashvisor.
  • Cheap Factor: Smaller homes or condos start at $250,000.
Property TypeEstimated PriceMonthly RentKey Benefit
Single Family Home$375,000$1,900High demand
Condo$250,000$1,500Affordable entry
Airbnb Cabin$450,000$4,000Vacation rental gold
Investment Property for Sale near me [Buy smartly]
Investment Property for Sale near me [Buy smartly]

Types of Investment Properties for Sale

Not sure what kind of investment property suits you? Here’s a list to help you pick:

  • Single Family Homes: Great for long-term renters, steady income.
  • Fixer Uppers: Cheap investment properties for sale you renovate and flip or rent.
  • Condos: Lower maintenance, good for urban areas or Airbnb.
  • Multi Family Units: More tenants, more rent, think duplexes or triplexes.
  • Airbnb Rentals: Short-term cash from vacation hotspots.

Each type fits different goals, cheap investment properties like fixer-uppers save upfront, while Airbnb property maximizes monthly cash.

How to Find Investment Properties for Sale Near Me

Looking for investment properties? Here’s how to track them down:

  1. Online Marketplaces:
  • Zillow (zillow.com) for homes and filters like “investment property.”
  • Realtor.com (realtor.com) for local listings.
  • Mashvisor (mashvisor.com) for Airbnb property data.
  1. Real Estate Agents: Local pros know the cheap investment in your area.
  2. Foreclosure Sites: Auction.com or HUD (hud.gov) for deals under market value.
  3. Drive Around: Spot “For Sale” signs near you,old school but works!

Costs to Consider for Investment Property for Sale

Buying an investment property isn’t just the sticker price. Here’s a breakdown:

Cost TypeEstimated AmountNotes
Purchase Price$50,000-$450,000Varies by city and type
Closing Costs$2,000-$5,000Fees, taxes, title insurance
Renovation (Fixer)$10,000-$50,000For cheap investment properties
Property Taxes$1,000-$3,000/yearDepends on location
Insurance$500-$1,500/yearCovers damage, liability
Maintenance$500-$2,000/yearUpkeep costs

For Airbnb investment, add furnishing costs ($5,000-$15,000) and cleaning fees ($50-$100/stay).

Tips for Buying Cheap Investment Properties for Sale

Want a deal on cheap investment properties? Try these:

  • Look at Foreclosures: Banks sell low to clear inventory, check Auction.com.
  • Target Up and Coming Areas: Buy before prices spike (e.g., Memphis suburbs).
  • Negotiate Hard: Offer 10-15% below asking on fixer-uppers.
  • Buy in Bulk: Multi-family units spread risk and cost.
  • Check Local Laws: Airbnb rules vary, Asheville’s strict, San Antonio’s lax.

Pros and Cons of Investment Properties for Sale

Here’s a quick list to weigh your options:

Pros

  • Passive income from rent or Airbnb.
  • Property value can grow over time.
  • Tax breaks like depreciation.
  • Control over your investment.

Cons

  • Upfront costs can be high.
  • Maintenance and tenant hassles.
  • Market dips could cut profits.
  • Airbnb bans in some cities.

Ready to find an investment property? Here’s your action plan:

  1. Set a Budget: $50,000 for cheap investment properties or $400,000 for Airbnb property?
  2. Pick a City: Cleveland for cheap, Asheville for Airbnb, use the tables above.
  3. Browse Listings: Hit Zillow or Mashvisor for investment properties.
  4. Talk to Experts: Agents or investors on X can point you to deals.
  5. Visit Properties: See them in person or virtually.

FAQs

Got questions about snagging an investment property? You’re not alone! Here are some quick answers to help you navigate the world of investment properties in the USA, whether it’s an Airbnb property for sale or cheap investment properties.

What is an investment property for sale?

An investment property for sale is a house, condo, or building you buy to make money, think renting it out, flipping it for profit, or listing it on Airbnb. It’s not your home; it’s your cash machine! For example, you might grab investment properties for sale in Cleveland to rent long-term or an Airbnb investment property for sale in Asheville for vacationers.

Where can I find investment properties for sale near me?

Start with online sites like Zillow (zillow.com) or Realtor.com (realtor.com)—just type in your zip code! You can also check local real estate agents, foreclosure listings on Auction.com, or drive around for “For Sale” signs. Searching “investment property for sale near me” online is a fast way to spot deals in your area.

How much do investment properties for sale cost?

It depends on where and what you buy! Cheap investment properties for sale, like fixer-uppers in Memphis, might start at $50,000-$70,000. A solid single-family home in San Antonio could be $250,000, while an Airbnb investment property for sale in Boise might hit $400,000. Add $2,000-$5,000 for closing costs and more if you’re renovating.

Are cheap investment properties for sale worth it?

Yes, if you’re smart about it! Cheap investment properties for sale, like a $50,000 home in Cleveland, can turn into $900-$1,200 monthly rent after fixes. The catch? They often need work, so budget $10,000-$50,000 for repairs. They’re great for beginners or flips if you pick a growing area.

What’s the best place to buy an investment property for sale?

Top spots in 2025 include Cleveland (cheap and steady rents), Memphis (low prices, high Airbnb potential), Boise (fast growth), San Antonio (affordable with tourism), and Asheville (Airbnb gold). Each offers unique perks, check the tables above to match your budget and goals for investment properties for sale.

Can I use an investment property for sale as an Airbnb?

Totally! An Airbnb investment property for sale works best in touristy spots like Asheville or San Antonio. A $300,000 home near the River Walk might pull $2,800/month on Airbnb. Just check local rules, some cities limit short-term rentals. Mashvisor (mashvisor.com) can show you hot Airbnb zones.

How do I know if an investment property for sale is a good deal?

Look at price vs. rent potential. If a $150,000 home rents for $1,200/month (like in Cleveland), that’s a solid 9% return before costs. Compare it to local averages on Zillow, factor in repairs, and aim for growing areas. Cheap investment properties for sale shine if you can fix them up profitably.

What are the risks of buying investment properties for sale?

You might face repair costs, bad tenants, or a market drop cutting your profit. Airbnb investment property for sale risks include city bans or low bookings. Start small, like cheap investment properties for sale, and research your spot to keep risks low.

Final Thoughts

There you go, a full guide to finding investment property in the USA! Whether you’re eyeing investment properties, dreaming of an Airbnb investment, or hunting cheap investment, cities like Cleveland, Memphis, Boise, San Antonio, and Asheville offer killer options.

Prices range from $50,000 fixer-uppers to $450,000 cabins, with rents or Airbnb cash flow to match. Use sites like zillow.com or realtor.com to start, and keep costs in mind. What’s your next move? Drop a comment, I’d love to hear your plans for snagging an investment property for sale!

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