ATTOM Data Solutions recently released its Q3 2017 Single Family Rental Market report identifying the top 25 U.S. zip codes for buying single family rental homes based on potential rental yields, cash flow, vacancy rates, appreciation, population growth, neighborhood quality, and average property age. The report analyzed SFR market data from nearly 5k zip codes and over 400 counties where they found, among other things, that the top zip codes for buying single family rentals in were in Atlanta, Houston, Central Florida, and Dallas. See interactive chart below to zero-in.
“This top 25 list includes zip codes that not only have solid rental returns and positive cash flow opportunities, but are also located in neighborhoods with relatively low vacancy rates and with home price growth and population growth — which should continue to put upward pressure on rental rates,” said Daren Blomquist, senior vice president at ATTOM Data Solutions.
Click here to read the full report on ATTOM Data Solutions.