Source: World Property Journal —
According to ATTOM’s latest Single-Family Rental Market report, profit margins on 3-bedroom single-family home rentals are declining annually in 2022 across most of the United States, and are slightly more likely to decline in areas that already have lower yields.
The report analyzed single-family rental yields in 212 U.S. counties with a population of at least 100,000 and sufficient rental and home price data in the first quarter of 2022. Rental and home price data was collected from ATTOM’s nationwide property database, as well as publicly recorded sales deed data licensed by the company.
The report shows that average gross rental yields before expenses on three-bedroom, single-family homes purchased by landlords this year are decreasing in 72 percent of the counties included in the report. (The latest yields are based on annualized 2022 gross rent income divided by median purchase prices in the first quarter of 2022).
;
