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ATTOM Data Solutions ranked the best U.S. markets for single-family rental returns. Average annual gross rental yield across 449 counties analyzed was 8.9%, down 9.2% from last year, according to the Q1 2018 Single Family Rental Market report.

“Despite declining returns in many areas, the single-family rental market continues to grow thanks to more activity by smaller and middle-tier investors,” said Daren Blomquist, senior vice president at ATTOM Data Solutions. “The biggest increase in market share over the past year has come among investors owning six to 10 single family rentals, followed by those owning between 11 and 100 rentals.”

Baltimore, Md. offers the highest potential annual gross rental yield at 28.6% followed by Bibb County, Ga. at 21.8% and Montgomery County, Ala. at 21.7%. Meanwhile, counties in the Washington, D.C. metro area, Bay area, Nashville, Tenn. and Brooklyn, N.Y. posted the lowest yields, the report found.

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