Trend of Rental Yield in Sumner 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

CountySumner County
Population 2015169,623
Population 2009151,874
Population % change11.7
Population change rank compared to US286
Population change rank compared to Tennessee7
Median Gross Rent 2015885
Median Gross Rent 2009723
Median Gross Rent % change22.4
Median Gross Rent change rank compared to US680
Median Gross Rent change rank compared to Tennessee15
Home Value 2015178,000
Home Value 2009164,400
Home Value % change8.3
Home Value change rank compared to US1,512
Home Value change rank compared to Tennessee60
Rental Yield 20156.0
Rental Yield 20095.3
Rental Yield % change13.1
Rental Yield change rank compared to US1,061
Rental Yield change rank compared to Tennessee15