Whether you are an experienced real estate investor or a beginner trying to get your foot in the real estate market, knowing how to find investment properties for sale is an important skill. With continual technological advancements in the real estate industry, searching for investment property for sale has never been easier. Online databases are arguably one of the best places to begin your property search. At the touch of a button, you can find investment property for sale across the country from the comfort of your house.
There are several real estate investor websites that you can use to search for investment property for sale. However, they are not all made the same. As a real estate investor, you should use a real estate website that can do more than just provide real estate listings. It should help you find rental property for sale that will make you money.
If you are searching for investment property for sale in the US housing market, Mashvisor has got you covered. It is one of the best websites to find investment property for sale, if not the best. In this blog, we’ll show you why Mashvisor should be your go-to real estate investment software to find investment property for sale.
Using Mashvisor to Find Investment Property for Sale
Mashvisor is a user-friendly website that is specifically designed for real estate investors to help them find profitable traditional and Airbnb properties for sale with ease. With Mashvisor’s real estate investment tools, you can effectively find a profitable investment property for sale in a matter of minutes. They include:
1. The Real Estate Heatmap
The best way to begin your search for a lucrative rental property for sale is to find a good location. This is because your property’s location will have the greatest impact on your return on investment. You have to choose a good rental market at both the city level and neighborhood level.
To choose a city, you can quickly check out Mashvisor’s real estate blog for reliable city data. Once you have a city in mind, you can use Mashvisor’s Real Estate Heatmap to conduct a neighborhood analysis. This tool will help you identify profitable neighborhoods that meet your criteria by assigning different neighborhoods colors based on selected filters. You can analyze any area in the US even if you aren’t familiar with it.
To activate this tool, you type your city of choice into the search engine and then click on “Heat Map Data Set.” You can then select one of the filters provided. The different neighborhoods on the city’s map will be displayed in different colors based on their performance for the selected metric:
You will have access to the following filters:
- Listing Price
- Airbnb Cash on Cash Return
- Traditional Cash on Cash Return
- Airbnb Rental Income
- Traditional Rental Income
- Airbnb Occupancy Rate
To find a neighborhood that is affordable and profitable, you’ll need to set all of these filters one by one. In minutes, you will be able to narrow down your property search to a single neighborhood.
2. The Rental Property Finder
Another useful feature of Mashvisor’s real estate investment software is the ability to search for investment property for sale that matches your criteria in a targeted area. This can fast-track your property search. And even if you haven’t decided on a city, you can still find top-performing investment property for sale.
The tool that allows you to do this is Mashvisor’s Rental Property Finder. You simply select one or multiple cities of your choice and a few other filters and you’ll be instantly presented with a list of investment properties for sale with the highest cash on cash return that match your criteria. With a Professional Plan, you can select up to 5 cities simultaneously. However, the Expert Plan allows you to select an unlimited number of cities.
The Property Finder allows you to further narrow down your search using the following filters:
- Miles (If you’re searching in one city, you can set a search radius)
- Budget (What is your target price range?)
- Rental Strategy (Are you looking for a traditional or Airbnb property?)
- Property Type (Single-family, multi-family home, condo, other)
- Number of Bedrooms & Bathrooms
3. The Mashvisor Property Marketplace
Another useful tool offered by Mashvisor to help you find investment property for sale is the Mashvisor Property Marketplace. Finding off-market properties can be a challenge, especially to new real estate investors. However, this tool allows you to quickly search for off-market properties including foreclosures, short sales, bank-owned homes, and auction homes. If you are looking to buy distressed properties at a discounted price, consider using this tool.
Another great way to find off-market rental properties is to identify homeowners, get their contact info, and make offers. This can boost your lead generation strategy. However, the most challenging part is usually how to find out who owns a house. Searching through public records can be time-consuming and is not always successful. But with Mashvisor’s Mashboard, you can access US homeowner data within minutes regardless of your real estate experience.
When you visit Mashboard, you simply click “Add Owner List” and then set the homeowner search filters. You’ll be able to use the following filters:
- State (Mandatory)
- Property Type
- Sales Date
- Year Built
- Contact Data (address, phone, and email)
After adding all the necessary filters, click on “Add Contact”. When the list is ready, you can download your homeowner data report and access the homeowner leads, qualify them, and contact them directly through Mashboard.
Click here to visit Mashboard and check out all of its features for yourself.
5. The Investment Property Calculator
One tool that makes Mashvisor one of the best websites to find investment property for sale is the Investment Property Calculator. If you want to find an investment property for sale with a good return on investment, you need to perform an in-depth rental property analysis. This is the work of the calculator, which it does quickly and accurately. With this tool, you don’t need an investment analysis spreadsheet.
You can actually access this tool from the other Mashvisor tools (Heatmap, Property Finder, and Marketplace) by simply clicking on a rental property for sale. You’ll then get a full rental property analysis. Moreover, you can analyze a rental property that’s not listed on Mashvisor by adding the address to the platform.
The calculator will provide the following pre-calculated rental property data:
- Rental income
- Rental property expense estimates (one-time start-up costs and monthly expenses)
- Cash Flow
- Cap rate
- Cash on cash return
- Occupancy rate
- Real Estate Investment Payback Balance
- Real Estate Comps
Moreover, this interactive tool allows you to make changes to the rental property expenses and mortgage details, which will be reflected in the cash flow, cash on cash return, and cap rate. You’ll get to identify cash flow properties with a good return on investment.
One unique and useful feature of the Investment Property Calculator is that it provides data estimates for both traditional and Airbnb rentals. This allows you to easily determine the optimal rental strategy for a particular investment property for sale to achieve a better return on investment.
The Bottom Line
Mashvisor is a user-friendly website with a number of real estate investment tools that will make your property search in the US housing market as effective as possible. You get all the market and rental property data you need to make a smart investment decision in one place.
To get access to our real estate investment tools, click here to sign up for Mashvisor today and enjoy 15% off.