The best investment opportunities for single-family rental investors include secondary cities with job opportunities that will draw continued growth, Forbes reports.
Coupled with solid investment returns and rental income, single-family rentals are demonstrating strong interest nationwide from investors large and small. While different investors look for different qualities in markets, many single-family rental investors taking a long-term view are searching for metros with strong, sustainable growth prospects.
To evaluate properties’ long-term potential, our team recently identified the top 10 trending single-family rental markets where new renter demand is anticipated to be strongest. Based on an analysis of demand-side factors across 40 large markets, we ranked markets based on single-family home appreciation, population growth, rent growth, rental yields and household growth forecast.
Las Vegas topped the list due to its fast-growing population and rent prices. It was followed by Orlando, Fla., Atlanta, Charlotte, N.C., and Phoenix.