Online residential real estate investment management firm HomeUnion released the ten best and ten worst markets for single-family rental (SFR) property returns. The results show SFRs in the Midwest and Southeast to be the most profitable.
- Single-family rentals in Los Angeles and California offer the lowest returns compared to other metros across the country.
- Cleveland, Ohio is prime for rental investments.
- Out of the 50 metros HomeUnion examined, a majority offer between 6 and 7 percent cap rates.