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Here are the 9 best US housing markets for investment
HomeUnion, an online real estate investment management firm, has named the nine best housing markets for single-family rental home investors in the first quarter of 2017.
The firm uses data on over 110 million homes and 200,000 neighborhoods to compile their list.
Here are the top markets for real estate investing in the first quarter, based on first-year returns:
9. Pittsburgh, PA
Median Investment Home Price: $95,489
YoY Change: -4.5%
Cap Rate: 8.0%
Source: HomeUnion
8. St. Louis, MO
Median Investment Home Price: $96,412
YoY Change: 8.3%
Cap Rate: 8.1%
Source: HomeUnion
7. Indianapolis, IN
Median Investment Home Price: $101,948
YoY Change: 6.5%
Cap Rate: 8.1%
Source: HomeUnion
6. Oklahoma City, OK
Median Investment Home Price: $97,960
YoY Change: 22.4%
Cap Rate: 8.2%
Source: HomeUnion
5. Richmond, VA
Median Investment Home Price: $121,682
YoY Change: 5.8%
Cap Rate: 8.2%
Source: HomeUnion
4. Memphis, TN-MS-AR
Median Investment Home Price: $86,975
YoY Change: 1.1%
Cap Rate: 8.5%
Source: HomeUnion
3. Columbia, SC
Median Investment Home Price: $94,372
YoY Change: 4.9%
Cap Rate: 8.6%
Source: HomeUnion
2. Cincinnati, OH
Median Investment Home Price: $87,092
YoY Change: 11.4%
Cap Rate: 9.8%
Source: HomeUnion
1. Cleveland, OH
Median Investment Home Price: $75,512
YoY Change: 16.2%
Cap Rate: 11.5%
Source: HomeUnion
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
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HomeUnion, an online real estate investment management firm, has named the nine best housing markets for single-family rental home investors in the first quarter of 2017.
The firm uses data on over 110 million homes and 200,000 neighborhoods to compile their list.
Here are the top markets for real estate investing in the first quarter, based on first-year returns:
9. Pittsburgh, PA
Median Investment Home Price: $95,489
YoY Change: -4.5%
Cap Rate: 8.0%
Source: HomeUnion
8. St. Louis, MO
Median Investment Home Price: $96,412
YoY Change: 8.3%
Cap Rate: 8.1%
Source: HomeUnion
7. Indianapolis, IN
Median Investment Home Price: $101,948
YoY Change: 6.5%
Cap Rate: 8.1%
Source: HomeUnion
6. Oklahoma City, OK
Median Investment Home Price: $97,960
YoY Change: 22.4%
Cap Rate: 8.2%
Source: HomeUnion
5. Richmond, VA
Median Investment Home Price: $121,682
YoY Change: 5.8%
Cap Rate: 8.2%
Source: HomeUnion
4. Memphis, TN-MS-AR
Median Investment Home Price: $86,975
YoY Change: 1.1%
Cap Rate: 8.5%
Source: HomeUnion
3. Columbia, SC
Median Investment Home Price: $94,372
YoY Change: 4.9%
Cap Rate: 8.6%
Source: HomeUnion
2. Cincinnati, OH
Median Investment Home Price: $87,092
YoY Change: 11.4%
Cap Rate: 9.8%
Source: HomeUnion
1. Cleveland, OH
Median Investment Home Price: $75,512
YoY Change: 16.2%
Cap Rate: 11.5%
Source: HomeUnion
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2qYfx9a
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
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