Thinking of real estate Investment? Buying one and renting it out can offer a lucrative way to boost your income. During the past few years, Tucson has had a big influx of new residents. But it’s also a big city with several neighborhoods. Which areas are best for real estate investments? We’ll help you learn more about the top areas for Tucson rental properties.
Catalina Foothills
Natural beauty and spacious lots are the main draws of the Catalina Foothills. This scenic neighborhood offers incredible views of the Santa Catalina Mountains. Tenants can explore their desert and mountain surroundings on foot or bike via multiple trails. Large homes on big lots offer plenty of space for indoor and outdoor living.
Other features of this Tucson neighborhood include:
- Many stores and restaurants in the area
- Quick drive to downtown Tucson’s attractions and entertainment
- High-rated school district
Civano
Sustainable living and stunning surroundings are the highlights of Civano. Located in the eastern outskirts of Tucson, this area offers a quiet environment and tons of eco-friendly features, like solar power. Tenants can take in views of the Rincon Mountains. Saguaro National Park is close by for hiking, biking, and other outdoor activities. Civano features streets lined with trees for shade and vividly colored houses.
The area also offers these benefits:
- Easy access to I-10 for traveling or commuting
- Convenient day trips to Tombstone and other fun destinations
- Community garden
Old Fort Lowell
River views, restaurants, and historic ruins are just a few of the highlights of Old Fort Lowell. This area combines old and new in a stunning setting. Tenants can enjoy strolling or biking on trails near the Rillito River in the northern part of the neighborhood. Several restaurants are within walking distance. Old Fort Lowell also has bigger homes for tenants who want more space.
Other benefits of this neighborhood include:
- Many stores and other amenities close by
- High-rated schools
- Close to the Sabino Canyon for hiking
Sam Hughes
A mix of historic charm and convenience make Sam Hughes one of the best areas for real estate investment. Bungalows and other older homes fill this Tucson neighborhood. Located near the University of Arizona, rental properties in Sam Hughes are in demand for students looking for off-campus housing. The area is also a quick drive away from the downtown area.
Some of the most notable benefits of this area include:
- Restaurants and other amenities in walking distance
- Community events throughout the year
- Himmel Park for outdoor recreation
Maximize Your Investment with an Arizona Property Manager
Owning a rental property comes with tons of responsibilities. Property managers can take many of those tasks off your shoulders. Consider hiring a property manager to make the most of your Tucson real estate investment.
Find the Best Tucson Rental Properties for Real Estate Investment
Looking for properties to invest in? Contact Bancroft and Associates for help finding available rental properties to buy in the Tucson area. With our services, you can also have a Tucson property manager handle tenant screening, rent collection, and other tasks.
Source:
https://mapazdashboard.arizona.edu/workforce-demographics/population-profile