The Topsail Island area offers two types of rental programs to offer cash flow on real estate residential investments.
Vacation or Weekly rental is typical on the island. An investor can expect most rental receipts in the time period between Memorial Day to Labor Day each year. Although, many rental properties do have weeks booked in the fall and the spring of each year here at Topsail Island.
The weekly price depends on several factors; proximity to the ocean, the home’s features and conditions & the neighborhood to name only a few. It is possible to figure approximately $300 to $700 per bedroom per week depending on the home and its location.
Many investors choose to rent an island home as a seasonal rental in the months between September to May. Typical monthly rents for this time period are in comparison with a peak week rental price. This is a great way to increase the gross rental receipts for the year.
The area also offers long term rentals, usually for a year lease, where someone lives in the property as their residence. The area has many military and civilian contractors due to its proximity to Camp Lejeune Marine Base in Jacksonville. The area is also fast becoming a bedroom community of Wilmington, NC, the largest coastal city in North Carolina.
Topsail Island Vacation Rentals, Topsail Island Real Estate, Surf City Real Estate
Chris Rackley 910.328.5211- Lewis Realty Associates, Inc.- Topsail Island Real Estate, Topsail Island MLS and Topsail Island Vacation Rentals – We Know Topsail Island . . .We have Been Here Over Forty Five Years! Serving real estate needs in Topsail Island, Surf City, Topsail Beach, Sneads Ferry, Holly Ridge & Hampstead. Our assortment of Topsail Island Vacation & Long Term Rental properties will fulfill your needs whether staying on the coast for a week or a lifetime.