income property

noun

Meaning

Real estate purchased or developed to earn money through rent or capital appreciation rather than for personal residence.

Examples

They decided to diversify their portfolio by investing in a multi-unit income property downtown.
Managing an income property requires significant time for maintenance and tenant coordination.

Synonyms: rental property, investment property, commercial real estate, buy-to-let

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income property

noun

Pronunciation: ˈɪnkʌm ˈprɒpəti

Definition

Real estate purchased or developed to earn money through rent or capital appreciation rather than for personal residence.

Examples

They decided to diversify their portfolio by investing in a multi-unit income property downtown.
Managing an income property requires significant time for maintenance and tenant coordination.

Synonyms of income property

Words with a similar meaning to income property:

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