From Yahoo Finance: 2025-05-24 09:02:00

Looking to invest in a second home? Not all states offer the same opportunities, with some being more affordable than others. Deluxe Holiday Homes evaluated states based on average house sale price, 30-year mortgage rates, average down payment percentage, and disposable income to determine the best states for a second home investment. The top states include those with lower income-to-mortgage ratio percentages, indicating better affordability and viability for investment. For example, the best state to buy a second home as an investment has an average house sale price of $219,861, an estimated mortgage payment of $1,633, monthly disposable income of $1,996, and 81.8% of disposable income spent on the mortgage. Other top states include those with similar affordability metrics, making them attractive options for investors.



Read more at Yahoo Finance: 10 Best States To Invest in a Second Home