Townhouse

A townhouse, also known as a row house, can be a very profitable real estate investment. It is considered to be a single family home. The difference is that it is an attached house (as opposed to detached) as tenants will share either one or two walls with neighbors. However, these investment properties typically have their own yards and lawns. When it comes to financing townhomes, real estate investors may meet more strict requirements from mortgage lenders as many lenders classify townhouse investments the same way they classify condos. Still, they are usually cheaper than single family homes. Buying a townhouse could also mean being part of an HOA. With Mashvisor, you can find the best places to invest in townhouses and analyze these rental properties to find ones that will generate high rental income and good cash on cash return and cap rate.