In many parts of the country house prices are rising faster than rents, making it difficult to find investment opportunities that will cash flow. A new analysis by RealtyTrac takes a closer look at where median home prices and average rental rates make for good — and not so good — returns on rental properties. That rental return, by the way, for each county is the gross rental yield, calculated by taking the 2014 fair market rent for a three-bedroom home multiplied by 12 (months) and then dividing that 12-month total by the median sales price of residential properties in the county. Here's what they found:
The complete list of best and worst U.S. markets for rental housing returns
RealtyTrac says Detroit and NYC take the top and bottom spots
April 1, 2014 at 5:40PM
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The "winners" have all been Turkeys, no matter the honor's name.