• A number of investors have achieved significant returns by buying, fixing and flipped distressed homes
  • Single-family rental housing remains at a premium in Miami
  • Miami edged out Houston for the number three spot nationally

Spanning 2014 to early/mid-2015, Miami offered single-family rental investors some of the best total returns in the nation.

In a recent index from BiggerPockets, the metro was said to offer investors total returns of 18.6 percent during the aforementioned period – making Miami the third best market for investors.

Price appreciation and rent-to-value ratios in the metro accounted for this return total.

According to BiggerPockets, single-family investment properties appreciated by 10.4 percent during the 2014 to 2015 period, with a 8.1 percent growth in rent-to-value ratios also occurring.

alexmillos / Shutterstock.com

alexmillos / Shutterstock.com

“Rental housing is at a premium and owning rental housing is a viable and smart investment alternative,” said Christopher Zoller, residential president of the Miami Association of Realtors (MAR).

A number of investors have come into Miami during the past two years and cleared out much of the distressed home inventory, according to Carlos Gutierrez, 2016 president elect of MAR. These investors have bought up short sales and foreclosures, rehabbed them or added value, and then resold or rented them.

“Our market is in a secure growth mode due to half of our transactions being cash transactions,” Gutierrez said. “Savvy investors have found ways to capitalize on that growth.”

Email Erik Pisor.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
Real estate news and analysis that gives you the inside track. Subscribe to Inman Select for 50% off.SUBSCRIBE NOW×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription