• Hubzu has teamed with RentRange to offer estimated potential rents for investment properties.
  • Hubzu says the integration allows investors to easily pinpoint appropriate bid amounts based on their desired target returns.

Ever had a client ask you how much that investment property could potentially earn in rent?

Real estate auction marketplace Hubzu will now give investors low, median and high estimates of potential rental income.

To provide the estimates, Hubzu is integrating with RentRange, a provider of market data and analytics for the single-family rental industry.

Hubzu’s parent company Altisource, a service provider to mortgage lenders, investors, mortgage bankers, credit unions, financial services companies and hedge funds, snapped up RentRange in Oct. 2015.

The Hubzu site will pull data from RentRange to identify comparable properties with a one-to-two mile radius and provide the estimated potential rent for each one.

From there, investors can use that information to determine the appropriate bid amounts based on their target returns.

A RentRange estimate on Hubzu's site.

A RentRange estimate on Hubzu’s site.

“With interest rates at historic lows, single-family rental properties have become a popular asset class for investors seeking higher yields,” said Steve Udelson, president of Hubzu in a press release.

“Hubzu makes it easier for investors to discover and purchase investment real estate through a streamlined and transparent process.”

Hubzu, formerly known as GoHoming.com, is an online real estate sales and auction marketplace that, according to the company, has facilitated the the sale of more than 149,000 sales.

Buyers who use Hubzu pay a $299 technology fee along with a “buyer’s premium” that ranges from $625 to 5 percent of the properties’ value.

The RentRange integration is the latest in a series of moves the company has been making over the past few months.

In August, the company announced the addition of pre-auction listings, which allow buyers to research properties before an auction, and FHA rehab financing on qualified homes, which allows investors to bundle the listing price and renovation costs into a single mortgage.

Email Marian McPherson

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
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
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