Trend of Rental Yield in Overton County, Tennessee

Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed rental yield trends from 2009 and 2015 for all counties in the U.S. Rental yields are impacted by factors such as home location, home facilities, employment opportunities, strata levies, and council rates

The key elements in the research are

1. Median Gross Rent
2. Median Home Value

 

Our key findings

• % Change Population: Overton County out performed than Tennessee by 0.6
• % Change Population: Overton County out performed than US by 1.2
• CAGR Population: Overton County out performed than state by 0.1
• CAGR Population: Overton County out performed than US by 0.2
• % Change Median Gross Rent: Overton County out performed than Tennessee by 6.1
• % Change Median Gross Rent: Overton County out performed than US by 8.6
• CAGR Median Gross Rent: Overton County out performed than state by 0.9
• CAGR Median Gross Rent: Overton County out performed than US by 1.3
• % Change Home Value: Overton County out performed than Tennessee by 3.0
• % Change Home Value: Overton County out performed than US by 17.2
• CAGR Home Value: Overton County out performed than state by 0.4
• CAGR Home Value: Overton County out performed than US by 2.7
• % Change Rental Yield: Overton County out performed than Tennessee by 2.6
• % Change Rental Yield: Overton County under performed than US by -10.3
• CAGR Rental Yield: Overton County out performed than state by 0.4
• CAGR Rental Yield: Overton County under performed than US by -1.6

County	Overton County
Population 2015	22,100
Population 2009	20,816
Population % change	6.2
Population change rank compared to US	738
Population change rank compared to Tennessee	17
Median Gross Rent 2015	551
Median Gross Rent 2009	451
Median Gross Rent % change	22.2
Median Gross Rent change rank compared to US	703
Median Gross Rent change rank compared to Tennessee	16
Home Value 2015	101,300
Home Value 2009	89,200
Home Value % change	13.6
Home Value change rank compared to US	994
Home Value change rank compared to Tennessee	29
Rental Yield 2015	6.5
Rental Yield 2009	6.1
Rental Yield % change	7.6
Rental Yield change rank compared to US	1,518
Rental Yield change rank compared to Tennessee	37