The housing market is well into its recovery, property values have increased, and the bargain basement investment opportunities of a few years ago are waning.
However, as a real estate investor, you still want value. And finding value is more difficult now that the obvious “hot deal” investment properties have been snapped up.
But you can make informed decisions.
We believe that where you invest your money needs a more analytical approach than before. That’s why, in 2013, All Property Management spent significant time and resources developing our
“Rental Health Index.”
The Rental Health Index merges several relevant data sources to arm rental property investors with the critical information that they need to make rental investment decisions.
To identify which cities are the best for rental property investments, we combined official data from the following sources:
- US Census Bureau
- US Department of Housing & Urban Development
- CNN Money and CoreLogic
- US Bureau of Labor & Statistics
We then ranked 75 cities for several factors influencing the value of a rental property, including vacancy rate, annual rent increases, capitalization rate, appreciation, and job growth. Averaging the ranks, the resulting information reveals the best cities for rental investment.
While there really are no guarantees when it comes to investing, being armed with comprehensive and current marketplace information is the first step in making a sound investment decision.
And our Rental Health Index does just that.
Check out our other articles featuring the top ten cities for residential property rental income!