Trend of Rental Yield in Lee County, North Carolina

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: Lee County under performed than North Carolina by -6.3
• % Change Population: Lee County under performed than US by -2.4
• CAGR Population: Lee County under performed than state by -1.0
• CAGR Population: Lee County under performed than US by -0.4
• % Change Median Gross Rent: Lee County out performed than North Carolina by 2.8
• % Change Median Gross Rent: Lee County out performed than US by 2.8
• CAGR Median Gross Rent: Lee County out performed than state by 0.5
• CAGR Median Gross Rent: Lee County out performed than US by 0.5
• % Change Home Value: Lee County under performed than North Carolina by -1.8
• % Change Home Value: Lee County out performed than US by 9.7
• CAGR Home Value: Lee County under performed than state by -0.3
• CAGR Home Value: Lee County out performed than US by 1.6
• % Change Rental Yield: Lee County out performed than North Carolina by 4.4
• % Change Rental Yield: Lee County under performed than US by -8.2
• CAGR Rental Yield: Lee County out performed than state by 0.7
• CAGR Rental Yield: Lee County under performed than US by -1.2

County	Lee County
Population 2015	59,418
Population 2009	57,919
Population % change	2.6
Population change rank compared to US	1,428
Population change rank compared to North Carolina	70
Median Gross Rent 2015	711
Median Gross Rent 2009	611
Median Gross Rent % change	16.4
Median Gross Rent change rank compared to US	1,299
Median Gross Rent change rank compared to North Carolina	35
Home Value 2015	136,900
Home Value 2009	129,100
Home Value % change	6.0
Home Value change rank compared to US	1,758
Home Value change rank compared to North Carolina	52
Rental Yield 2015	6.2
Rental Yield 2009	5.7
Rental Yield % change	9.7
Rental Yield change rank compared to US	1,317
Rental Yield change rank compared to North Carolina	33