Trend of Rental Yield in Genesee County, Michigan

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

CountyGenesee County
Population 2015415,874
Population 2009432,720
Population % change-3.9
Population change rank compared to US2,834
Population change rank compared to Michigan71
Median Gross Rent 2015715
Median Gross Rent 2009645
Median Gross Rent % change10.9
Median Gross Rent change rank compared to US2,118
Median Gross Rent change rank compared to Michigan45
Home Value 201588,500
Home Value 2009122,500
Home Value % change-27.8
Home Value change rank compared to US3,089
Home Value change rank compared to Michigan82
Rental Yield 20159.7
Rental Yield 20096.3
Rental Yield % change53.4
Rental Yield change rank compared to US67
Rental Yield change rank compared to Michigan3