The demand for single-family rental homes is growing. As the migration from population-dense urban cities to suburban areas continues, rental prices are increasing—along with the demand for housing. Thanks in part to the pandemic, more employees are utilizing home offices than ever before. This has led to a nationwide shuffle wherein renters are ditching the big cities and looking for housing that coincides with their lifestyle preferences.
BUILDING AN INVESTMENT HOME
A Smart Move
Have you considered building an investment property? Building might be your smart move for the future. With interest rates low and rental rates and demand for housing high, a rental property could be a great addition to your financial portfolio.
With Adair, you’ll be building a new, custom home—and have full control over your budget. New appliances, materials, and fixtures mean less maintenance and allow you to cater to the higher end of the rental market.
The Alexander Plan
The Alexander is one of our most popular single-story plans. This house is easily customized and offers the space and flexibility of four bedrooms. Add a porch off the Great Room or Kitchen, and gain the advantage of outdoor living space.
The Gallatin Plan
Multigenerational homes are growing in popularity and demand and smart investors are jumping at the opportunity to give the market what it wants. The Gallatin plan offers an option of up to five bedrooms and allows you to add a second, larger Master Suite upstairs. This flexibility is essential and accommodates all types of families. Starting in the low $200’s, the Gallatin is affordable to build and can offer a favorable return on investment.
The Harmony Plan
This little duplex packs a punch. Whether you choose to occupy one unit or rent out both, the Harmony is a great way to add to your investment portfolio. Offset your mortgage by renting out one side and living in the other.
A duplex can also be sold as a multigenerational home, making it a great investment for now—and the future. The Harmony offers two identical units of 1,274 square feet, each including 3 bedrooms and 2.5 bathrooms.
Location is Key
Depending on where you choose to build, your local Adair Pro team will be able to guide you towards the ideal investment home plan for the area. Our building and design professionals will help you create a budget, identify potential building sites and blueprints, and guide you through the financing process with ease.
We believe in new homes as financial tools for success, and we’ll work hard to make your housing dreams a reality.
About Adair Homes
With 51-plus years in the industry, Adair’s long-term commitment to treating each customer with honesty, integrity, and respect has paid off, 22,000 customers strong and counting.
At Adair Homes, our mission states: it is our privilege to build our customers the home they have always dreamed of. We believe in providing the greatest value for our customer’s dollar and finding innovative ways to value engineer homes. We believe that we can offer an outstanding customer experience that is both enjoyable and rewarding—and offer this one-of-a-kind customer experience as the largest on-your-lot builder in the West. For more info, get in touch with us here or call 1-844-518-7072.