Trend of Rental Yield in Oscoda 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

• % Change Population: Oscoda County under performed than Michigan by -4.0
• % Change Population: Oscoda County under performed than US by -10.3
• CAGR Population: Oscoda County under performed than state by -0.7
• CAGR Population: Oscoda County under performed than US by -1.7
• % Change Median Gross Rent: Oscoda County out performed than Michigan by 9.1
• % Change Median Gross Rent: Oscoda County out performed than US by 5.9
• CAGR Median Gross Rent: Oscoda County out performed than state by 1.3
• CAGR Median Gross Rent: Oscoda County out performed than US by 0.9
• % Change Home Value: Oscoda County under performed than Michigan by -0.2
• % Change Home Value: Oscoda County under performed than US by -13.6
• CAGR Home Value: Oscoda County under performed than state by 0.0
• CAGR Home Value: Oscoda County under performed than US by -2.5
• % Change Rental Yield: Oscoda County out performed than Michigan by 11.4
• % Change Rental Yield: Oscoda County out performed than US by 26.5
• CAGR Rental Yield: Oscoda County out performed than state by 1.4
• CAGR Rental Yield: Oscoda County out performed than US by 3.5

County	Oscoda County
Population 2015	8,444
Population 2009	8,921
Population % change	-5.3
Population change rank compared to US	2,948
Population change rank compared to Michigan	77
Median Gross Rent 2015	600
Median Gross Rent 2009	502
Median Gross Rent % change	19.5
Median Gross Rent change rank compared to US	927
Median Gross Rent change rank compared to Michigan	10
Home Value 2015	80,600
Home Value 2009	97,400
Home Value % change	-17.2
Home Value change rank compared to US	2,971
Home Value change rank compared to Michigan	68
Rental Yield 2015	8.9
Rental Yield 2009	6.2
Rental Yield % change	44.4
Rental Yield change rank compared to US	120
Rental Yield change rank compared to Michigan	10