Are you a real estate investor searching for your next real estate investment property? Consider investing in the Anaheim real estate market! 2017 was a good year for Anaheim real estate investors and, based on our data, it seems like this trend will continue in 2018. In this guide, we dive into what makes the Anaheim real estate market a good location for buying real estate investment properties and list the best neighborhoods in Anaheim in which real estate investors should consider buying real estate investment properties, as calculated by Mashvisor’s Rental Property Calculator.
Why Buy Real Estate Investment Properties in Anaheim, CA?
The Anaheim real estate market is considered one of the hottest housing markets on the West Coast. Located just outside of Los Angeles, Anaheim is the most popular city in Orange County. Moreover, it is the 10th most populated city in the state of California with over 336,000 residents.
Prices of real estate investment properties are much lower in the Anaheim real estate market than other parts of the county. However, we should mention that the housing costs are still among the highest in the United States.
Anaheim’s economy is among the strongest in the nation thanks to the strong job growth and low unemployment rate. Tourism is the backbone of Anaheim’s economy as the city is home to Disneyland and California Adventure Park, two of the most popular theme parks in the country!
If you think this is a good reason to rent out on Airbnb, think again! In February 2018, Anaheim Council banned short-term rentals in the city. This is why we’re only focusing on traditional Anaheim investment properties in this blog post.
Related: Real Estate Investing: Traditional vs. Airbnb Investments
A Quick Summary of Anaheim Real Estate Market
- Median Property Price: $576,247
- Traditional Rental Income: $2,763
- Cash on Cash Return: 2.22%
- Cap Rate: 2.22%
The Best Neighborhoods To Buy Real Estate Investment Properties in Anaheim Real Estate Market
- Southwest Anaheim
- Anaheim Resort
- Southeast Anaheim
- The Colony
- West Anaheim
- Northwest Anaheim
- Anaheim Hills
- Northeast Anaheim
To find in-depth data regarding these neighborhoods, read this: The Best Real Estate Investment Properties in Anaheim, CA
Anaheim Real Estate Market – The Bottom Line
Anaheim, CA has a promising future for real estate investing in 2018. The above-mentioned neighborhoods are those in which real estate investors will find the best real estate investment properties in Anaheim that are worth their money and generate a high return on investment, as calculated by Mashvisor’s investment property calculator.
Mashvisor is an online platform that uses traditional and predictive analytics to provide real estate investors with the best real estate investing tools and data analysis to make smart investment decisions. To learn more about all aspects of real estate investing, continue reading our blog.
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