Trend of Rental Yield in Moody County, South Dakota

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: Moody County under performed than South Dakota by -6.2
• % Change Population: Moody County under performed than US by -5.3
• CAGR Population: Moody County under performed than state by -1.1
• CAGR Population: Moody County under performed than US by -0.9
• % Change Median Gross Rent: Moody County under performed than South Dakota by -5.3
• % Change Median Gross Rent: Moody County under performed than US by -0.6
• CAGR Median Gross Rent: Moody County under performed than state by -0.7
• CAGR Median Gross Rent: Moody County under performed than US by 0.0
• % Change Home Value: Moody County out performed than South Dakota by 3.0
• % Change Home Value: Moody County out performed than US by 28.4
• CAGR Home Value: Moody County out performed than state by 0.5
• CAGR Home Value: Moody County out performed than US by 4.4
• % Change Rental Yield: Moody County under performed than South Dakota by -6.6
• % Change Rental Yield: Moody County under performed than US by -27.4
• CAGR Rental Yield: Moody County under performed than state by -1.1
• CAGR Rental Yield: Moody County under performed than US by -4.4

County	Moody County
Population 2015	6,439
Population 2009	6,460
Population % change	-0.3
Population change rank compared to US	2,201
Population change rank compared to South Dakota	45
Median Gross Rent 2015	540
Median Gross Rent 2009	478
Median Gross Rent % change	13.0
Median Gross Rent change rank compared to US	1,802
Median Gross Rent change rank compared to South Dakota	48
Home Value 2015	122,900
Home Value 2009	98,500
Home Value % change	24.8
Home Value change rank compared to US	358
Home Value change rank compared to South Dakota	27
Rental Yield 2015	5.3
Rental Yield 2009	5.8
Rental Yield % change	-9.5
Rental Yield change rank compared to US	2,803
Rental Yield change rank compared to South Dakota	49