Trend of Rental Yield in Coffee County, Tennessee

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: Coffee County under performed than Tennessee by -2.1
• % Change Population: Coffee County under performed than US by -1.6
• CAGR Population: Coffee County under performed than state by -0.3
• CAGR Population: Coffee County under performed than US by -0.2
• % Change Median Gross Rent: Coffee County under performed than Tennessee by -3.5
• % Change Median Gross Rent: Coffee County under performed than US by -1.0
• CAGR Median Gross Rent: Coffee County under performed than state by -0.5
• CAGR Median Gross Rent: Coffee County under performed than US by -0.1
• % Change Home Value: Coffee County under performed than Tennessee by -11.2
• % Change Home Value: Coffee County out performed than US by 3.1
• CAGR Home Value: Coffee County under performed than state by -1.8
• CAGR Home Value: Coffee County out performed than US by 0.5
• % Change Rental Yield: Coffee County out performed than Tennessee by 8.3
• % Change Rental Yield: Coffee County under performed than US by -4.6
• CAGR Rental Yield: Coffee County out performed than state by 1.3
• CAGR Rental Yield: Coffee County under performed than US by -0.7

County	Coffee County
Population 2015	53,448
Population 2009	51,694
Population % change	3.4
Population change rank compared to US	1,228
Population change rank compared to Tennessee	40
Median Gross Rent 2015	670
Median Gross Rent 2009	595
Median Gross Rent % change	12.6
Median Gross Rent change rank compared to US	1,854
Median Gross Rent change rank compared to Tennessee	64
Home Value 2015	113,100
Home Value 2009	113,800
Home Value % change	-0.6
Home Value change rank compared to US	2,334
Home Value change rank compared to Tennessee	92
Rental Yield 2015	7.1
Rental Yield 2009	6.3
Rental Yield % change	13.3
Rental Yield change rank compared to US	1,039
Rental Yield change rank compared to Tennessee	14