Trend of Rental Yield in Rhea 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

CountyRhea County
Population 201532,394
Population 200930,633
Population % change5.7
Population change rank compared to US792
Population change rank compared to Tennessee23
Median Gross Rent 2015583
Median Gross Rent 2009533
Median Gross Rent % change9.4
Median Gross Rent change rank compared to US2,327
Median Gross Rent change rank compared to Tennessee78
Home Value 2015106,400
Home Value 200999,100
Home Value % change7.4
Home Value change rank compared to US1,613
Home Value change rank compared to Tennessee65
Rental Yield 20156.6
Rental Yield 20096.5
Rental Yield % change1.9
Rental Yield change rank compared to US2,087
Rental Yield change rank compared to Tennessee62