Gross Rent Ratio Rank
This is the ANNUAL gross median rent (monthly x 12) divided by the median property value. A higher ratio is likely to generate more cash flow then a lower ratio.
Note: Many factors other than gross median rent affect cash flow, including vacancy, repairs, operating expenses and management. The actual ratios can and likely will vary significantly from those shown here. Since the same methodology was used for all similar markets nationwide, we’re able to focus on the RELATIVE scores/rankings between different micro markets.
These calculations are for educational and comparison purposes only and do not replace your own Due Diligence!
The indicator below represent the Percentile Ranking when compared to ALL markets nationwide. Note that percentile rankings are useful for measuring RELATIVE performance BETWEEN markets, not for measuring the absolute performance.