According to ATTOM Data’s Q1 2019 Single Family Rental Market report, the average annual gross rental yield (annualized gross rent income divided by median purchase price of single-family homes) among the 432 U.S. counties was 8.8% in Q1 of 2019, up from an average of 8.7% in 2018. Using data from HUD and their own sources, their report analyzed single family rental returns in 432 U.S. counties each with a population of at least 100k and sufficient rental and home price data.
“Buying single-family homes to rent them out is a better deal for investors so far this year, than it was at the same time in 2018, as profit margins are rising in a majority of counties across the United States,” said Todd Teta, chief product officer at ATTOM Data Solutions.
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Click here to read the full report at ATTOMdata.com.