Trend of Rental Yield in Dooly County, Georgia

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: Dooly County out performed than Georgia by 17.4
• % Change Population: Dooly County out performed than US by 17.8
• CAGR Population: Dooly County out performed than state by 2.6
• CAGR Population: Dooly County out performed than US by 2.7
• % Change Median Gross Rent: Dooly County under performed than Georgia by -12.9
• % Change Median Gross Rent: Dooly County under performed than US by -14.8
• CAGR Median Gross Rent: Dooly County under performed than state by -2.1
• CAGR Median Gross Rent: Dooly County under performed than US by -2.3
• % Change Home Value: Dooly County out performed than Georgia by 21.0
• % Change Home Value: Dooly County out performed than US by 17.2
• CAGR Home Value: Dooly County out performed than state by 3.4
• CAGR Home Value: Dooly County out performed than US by 2.7
• % Change Rental Yield: Dooly County under performed than Georgia by -33.7
• % Change Rental Yield: Dooly County under performed than US by -30.9
• CAGR Rental Yield: Dooly County under performed than state by -5.5
• CAGR Rental Yield: Dooly County under performed than US by -5.1

County	Dooly County
Population 2015	14,293
Population 2009	11,641
Population % change	22.8
Population change rank compared to US	53
Population change rank compared to Georgia	11
Median Gross Rent 2015	499
Median Gross Rent 2009	505
Median Gross Rent % change	-1.2
Median Gross Rent change rank compared to US	2,989
Median Gross Rent change rank compared to Georgia	151
Home Value 2015	73,000
Home Value 2009	64,300
Home Value % change	13.5
Home Value change rank compared to US	996
Home Value change rank compared to Georgia	25
Rental Yield 2015	8.2
Rental Yield 2009	9.4
Rental Yield % change	-13.0
Rental Yield change rank compared to US	2,920
Rental Yield change rank compared to Georgia	151