InvestingMarkets & Economy

Investors see best returns in West

Large cities offer biggest ROI for owners and sellers of rental properties in 2Q

During the second quarter of 2015, large West Coast cities offered the best return on investment (ROI) for owners and sellers of rental properties. Four of the top five markets for overall ROI performance last quarter were San Francisco, Seattle, San Jose and Portland, Oregon, according to a report released by All Property Management. Denver occupied the other spot in the top five. The report finds that the Western U.S. is “by far and away the best region for rental property investment,” citing impressive rent increases and property value appreciation in the region. Of note is that five California markets ranked in the top 15 for ROI performance. Besides San Francisco and San Jose, other metros included San Diego (11), Los Angeles (13) and Riverside (14). Sacramento also came in at 18. The top five to 10 cities for ROI consisted of metros often considered secondary markets: Raleigh, North Carolina; Louisville, Kentucky; Minneapolis; Salt Lake City and the late recov...