The 10 Worst Cities For Single-Family Home Rental Investments
HomeUnion rated cities across the country for rental property returns based on the cap rate, which is the relationship between an investment property’s net operating income (rents minus expenses) and the market value of the property.
These 10 cities, listed along with the cap rate, had the least favorable investment returns. They are listed in reverse order.
No. 10: Portland, Ore., 3.9 percent
No. 9: Sacramento, 3.6 percent
No. 8: San Diego, 3.6 percent
No. 7: Oakland, Calif. 3.5 percent
No. 6: Seattle, 3.5 percent
No. 5: New York City, 3.5 percent
No. 4: Los Angeles, 3.2 percent
No. 3: Orange County, Calif., 3 percent
No. 2: San Jose, 2.7 percent
No. 1: San Francisco, 2.7 percent
To see the BEST cities to invest in, click here.
Source: fa-mag.com
Accessibility