Trend of Rental Yield in Navajo County, Arizona

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: Navajo County under performed than Arizona by -7.5
• % Change Population: Navajo County under performed than US by -7.5
• CAGR Population: Navajo County under performed than state by -1.2
• CAGR Population: Navajo County under performed than US by -1.2
• % Change Median Gross Rent: Navajo County under performed than Arizona by -0.2
• % Change Median Gross Rent: Navajo County under performed than US by -4.6
• CAGR Median Gross Rent: Navajo County under performed than state by -0.1
• CAGR Median Gross Rent: Navajo County under performed than US by -0.7
• % Change Home Value: Navajo County out performed than Arizona by 7.7
• % Change Home Value: Navajo County under performed than US by -11.9
• CAGR Home Value: Navajo County out performed than state by 1.5
• CAGR Home Value: Navajo County under performed than US by -2.2
• % Change Rental Yield: Navajo County under performed than Arizona by -13.3
• % Change Rental Yield: Navajo County out performed than US by 11.2
• CAGR Rental Yield: Navajo County under performed than state by -1.7
• CAGR Rental Yield: Navajo County out performed than US by 1.6

County	Navajo County
Population 2015	107,656
Population 2009	110,458
Population % change	-2.5
Population change rank compared to US	2,665
Population change rank compared to Arizona	15
Median Gross Rent 2015	656
Median Gross Rent 2009	602
Median Gross Rent % change	9.0
Median Gross Rent change rank compared to US	2,376
Median Gross Rent change rank compared to Arizona	9
Home Value 2015	104,400
Home Value 2009	123,700
Home Value % change	-15.6
Home Value change rank compared to US	2,939
Home Value change rank compared to Arizona	9
Rental Yield 2015	7.5
Rental Yield 2009	5.8
Rental Yield % change	29.1
Rental Yield change rank compared to US	366
Rental Yield change rank compared to Arizona	8