96
The Big Finish
Wrap your head
around the market's
leading indicators.
TRACKING SINGLE-
FAMILY RENTAL
INVESTMENT YIELDS
According to the ATTOM Data Solutions 2021 U.S. Single-Family Rental Market Report, among nearly 500 U.S. counties
analyzed, the counties posting the greatest decreases in rental returns include Baltimore City/County, Maryland (yield down 43.9%);
St. Louis City/County, Missouri (down 35.5%); St. Louis County, Missouri (down 29.3%); Bonneville County (Idaho Falls), Idaho
(down 26.7%); and Fairfield County (Stamford), Connecticut (down 24%).
Experts nonetheless remain optimistic about the future of SFR investment as a whole.
"e single-family home rental business is less profitable this year compared to last year across most of country, with yields on
the average deals decreasing. at's happening as home prices on properties that investors are paying for, in most areas, are rising
considerably faster than rents, which is cutting into their profit margins," said Todd Teta, Chief Product Officer at ATTOM
Data Solutions. "Nevertheless, returns on single-family rentals still generally remain strong and there are pockets, especially in the
Midwest, where yields top 10%. ere also are some signs that things could improve this year given that home prices are increasing
faster than rents."
Top 10 SFR Growth Metros for 2021 with Greatest Annual Increases in Gross Rental Yields:
*Statistics from the U.S. Department of Housing and Urban Development and home price data from publicly recorded sales deed data collected and licensed by ATTOM Data Solutions.
CALCASIEU
COUNTY, LA
ERIE
COUNTY, PA
LICKING
COUNTY, OH
DELAWARE
COUNTY, IN
TAZEWELL
COUNTY, IL
LORAIN
COUNTY, OH
WICHITA
COUNTY, TX
CLARK
COUNTY, IN
BIBB
COUNTY, GA
MIAMI
COUNTY, OH
20.0%
18.0%
16.0%
14.0%
12.0%
10.0%
8.0%
6.0%
4.0%
2.0%
0.0%
TOP 20 SINGLE FAMILY RENTAL GROWTH COUNTIES FOR 2021
WITH GREATEST INCREASES IN GROSS RENTAL YIELDS
2020 ANNUAL GROSS RENTAL YIELD 2021 ANNUAL GROSS RENTAL YIELD
