Top LocationsThese Top 4 US Neighborhoods are the Best Areas to Buy Investment Property by Ranah Asad May 12, 2017February 3, 2019 by Ranah Asad May 12, 2017February 3, 2019When you’re searching for the “best areas to buy investment property” you need to keep in mind 3 important factors: job growth, population growth and affordability. When you find a market that has all three of these factors, you’ll probably be able to find good investment opportunities. These are the top 4 neighborhoods around the US that display these factors and where you can buy high cash flow rental properties for a reasonable price. Find out what makes them a great places to invest.#1 Bouldin, Austin, TexasThis is one of the oldest neighborhoods in Austin. Historic homes are often seen next to new and contemporary homes. The neighborhood was originally created at the turn of the century and it has an irresistible historic charm. Most of the homes in this area have had either extensive remodels or have been completely rebuilt. There are a number of architectural masterpieces in this area. The location is appealing to people looking to live in an area with the best of what Austin has to offer. This neighborhood makes any person fall in love with it. Its eye-catching scenery and lifestyle, makes it one of Austin’s most attractive neighborhood that lures residents from all over the country. Of course having a beautiful look is not enough when deciding whether an area is suitable for investing or not, we need to talk numbers and data!Rental Income Traditional: $3,513.51 Airbnb: $3,085.04Cash on Cash Return Traditional: 1.46% Airbnb: 0.72%Cap Rate Traditional: 5.08% Airbnb: 4.29%Median Home Price: $589,999In Bouldin, rents and home prices are fairly reasonable and house shares are pretty common, especially with younger people who are just striking out on their own. As shown the median home price in this area makes it very appealing to investors who want to buy or sell properties. This neighborhood found in the heart of Austin makes it one of the best areas to buy investment property.Related: 4 Reasons to Buy Airbnb Investment Property in Austin#2 Capitol Hill, Washington, D.C.Capitol Hill is considered one of the most desirable and affordable neighborhoods in Washington. This area is booming with affordable houses that real estate investors can buy and benefit from. The neighborhood offers its residents with an array of dinning, entertainment and housing options. The nation’s capital is on top of the sellers’ market right now and Capitol Hill is definitely one of the best areas to buy investment property, especially with its increase in residents, the demand for rental property is going up. Let’s take a look at some numbers to clearly understand where Capitol Hill is standing.Rental Income Traditional: $3,938.27 Airbnb: $3,733.35Cash on Cash return Traditional: 2.11% Airbnb: 1.85%Cap Rate: Traditional: 4.17% Airbnb: 3.84%Median Home Price: $465,000It’s never too late to start a real estate empire, especially as big developers see construction loans come in and neighborhoods all over the city improve due to infrastructure changes and retail enhancements. Capitol Hill is the neighborhood to watch out for because it is gradually moving up to become Washington’s fastest growing neighborhood.#3 Camelback, Phoenix, ArizonaThis area is known for its high demand on vacation rentals and condo rentals due to the fact that so many tourists are coming from across the country to Phoenix Arizona. Camelback ranked #4 in Phoenix’s most attractive neighborhoods. The cost of living and affordability continues to be the number one reason why so many people are becoming residents of this neighborhood. There are a lot of amenities close to this location. And there is a gradual growth in job rate and the median home value is higher than that of Phoenix.Related: Best Investment For 2017? Phoenix Real EstateRental income:Traditional: $2,305.34Airbnb:$1,763.33Cash on Cash Return:Traditional: 3.47Airbnb: 2.13Cap rate:Traditional: 6.36Airbnb: 4.94Median Home Price: $550,00#4 South End, Boston, MAOne of the best areas to buy investment property is South End. Back in the days Boston’s South End neighborhood was originally built around a series of residential parks. Today it is home to 30 parks and vibrant arts scenes and home to many of Boston’s young professionals and families. South End is a food paradise featuring some of the city’s favorite local restaurants, artisan cafes and Boston’s most popular farmers’ market. A majority of the South End’s residents live in carefully renovated red-brick brownstones, but recent years have seen the development of boutique, luxury condo buildings. South End real estate is treasured for a number of reasons. This location is a neighborhood just outside of Boston. Real estate here is a mixture of modern and charming historical, with single family homes and row houses dominating the area.Rental Income:Traditional: $6,136.62Airbnb: $3,414.85Cash on Cash Return:Traditional: 4.25%Airbnb: 1.64%Cap Rate:Traditional: 6.8%Airbnb: 4.02%Median Price: $1,514.000 Start Your Investment Property Search! START FREE TRIAL Start Your Investment Property Search! START FREE TRIAL AirbnbAustin TXBoston MAPhoenix AZTraditionalWashington DC 0FacebookTwitterGoogle +PinterestLinkedin Ranah AsadRanah is a long-term content writer at Mashvisor with a degree in strategic studies who enjoys writing about all aspects of the real estate investment business. 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