Trend of Rental Yield in Leelanau 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

CountyLeelanau County
Population 201521,772
Population 200921,877
Population % change-0.5
Population change rank compared to US2,255
Population change rank compared to Michigan37
Median Gross Rent 2015805
Median Gross Rent 2009695
Median Gross Rent % change15.8
Median Gross Rent change rank compared to US1,368
Median Gross Rent change rank compared to Michigan24
Home Value 2015241,900
Home Value 2009239,200
Home Value % change1.1
Home Value change rank compared to US2,214
Home Value change rank compared to Michigan7
Rental Yield 20154.0
Rental Yield 20093.5
Rental Yield % change14.5
Rental Yield change rank compared to US959
Rental Yield change rank compared to Michigan64