Two of the Best Places to Buy A Lake House is Located in Missouri
We all know how great Lake of the Ozarks are and Branson now both places are getting some major love when it comes to buying a home on the lake.
No surprise that when this list came out from Tripsavvy on the Best Places to Buy a Lake House that Branson and the Lake of the Ozarks made the list. Both are beautiful in their own right and offer amazing views of the lake and, let's be honest, some of the biggest homes in the state. Here's what Tripsavvy said about Branson,
With a relatively low median home value — just over $232,000 — the destination is an excellent option for first-time investors seeking an affordable property with good rental potential — almost $20,000 a year, according to Evolve.
With scenic views, lots of water activities, and something for everyone in your family, the Lake of the Ozarks attracts many people all year long. So, if you're looking for a summer home, a second, home, or maybe investing in an Airbnb you might want to take a look at the Lake of the Ozarks.
The lake buzzes with boats during the summer, while golf courses are packed with players. Evolve's data shows that median home values here are a little less than $345,000, with a cap rate of 4.3%. The company's experts recommend searching for a property in Gravois Mills, Osage Beach, and Lake Ozark to maximize your rental income.
You really can't go wrong with either location. I just wish I could afford a second home I would be there every weekend.