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There are several rental options for prospective tenants in the Beach Haven West real estate market. There are weekly summer rentals, monthly rentals, seasonal rentals and year-round rentals. Investment properties can take advantage of the multiple rental options to help make a successful Beach Haven West rental investment property.
From an investment standpoint, the style and location of the home will determine if it is best to rent a house weekly, seasonly or year round. Since Beach Haven West does not have the volume seen in the Long Beach Island rental market, a buyer has to be careful to not make a poor investment choice. That said, there is a demand for summer rentals and year round rentals in Beach Haven West and with a much lower price point, the investment can make good sense.
Rental rates will vary depending on a number of factors such as:
Most summer weekly rental rates will be in the $900-$3,500 range with the price increasing for larger, newer homes with more amenities. Year round rentals will usually be in the $1,100-$2,500/ month range.
Beach Haven West differs from the Long Beach Island rental market in that there is not a central database of rental properties nor is there a widely used rental program. Therefore, most rentals are listed in the Multiple Listing Service (MLS) or on a for rent by owner site such as VRBO.com or Homeaway.com.
Renting on your own helps to save some commission but the burden of servicing the rental falls on the owner of the property. That said, provided a home is well cared for the rental process is generally smooth and requires little attention.
Learn about building a new home to sell in the Beach Haven West real estate market.
Learn the basics of buying a home in the Beach Haven West real estate market.
C: 609.290.4293 | O: 609.492.1511 | E: ncolmer@vandykgroup.com