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Updated almost 5 years ago,

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Steve Liske
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Golf Course Rental Value

Steve Liske
Posted

My wife and I are considering buying an investment property in a 55+ community in Arizona. We have a CMA for recent long term (1 year) rentals in the community, but none of the rentals in the CMA are located on a golf course. The sale price would obviously include a premium for the golf course lot, but what I don't know is, how much more rent should I expect to get for the house on a golf course, compared to an equivalent house that is not on a golf course? As an aside, the house in question comes furnished. Is that good, bad or neutral, if looking for a long term tenant? Any information based on practical experience, or suggested websites to visit for information, would be very much appreciated.