Trend of Rental Yield in Cass County, Texas

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: Cass County under performed than Texas by -8.0
• % Change Population: Cass County under performed than US by -1.5
• CAGR Population: Cass County under performed than state by -1.2
• CAGR Population: Cass County under performed than US by -0.2
• % Change Median Gross Rent: Cass County under performed than Texas by -7.5
• % Change Median Gross Rent: Cass County under performed than US by -5.2
• CAGR Median Gross Rent: Cass County under performed than state by -1.1
• CAGR Median Gross Rent: Cass County under performed than US by -0.7
• % Change Home Value: Cass County out performed than Texas by 4.2
• % Change Home Value: Cass County out performed than US by 22.3
• CAGR Home Value: Cass County out performed than state by 0.6
• CAGR Home Value: Cass County out performed than US by 3.5
• % Change Rental Yield: Cass County under performed than Texas by -9.9
• % Change Rental Yield: Cass County under performed than US by -26.5
• CAGR Rental Yield: Cass County under performed than state by -1.7
• CAGR Rental Yield: Cass County under performed than US by -4.3

County	Cass County
Population 2015	30,328
Population 2009	29,315
Population % change	3.5
Population change rank compared to US	1,215
Population change rank compared to Texas	140
Median Gross Rent 2015	540
Median Gross Rent 2009	498
Median Gross Rent % change	8.4
Median Gross Rent change rank compared to US	2,444
Median Gross Rent change rank compared to Texas	201
Home Value 2015	81,000
Home Value 2009	68,300
Home Value % change	18.6
Home Value change rank compared to US	651
Home Value change rank compared to Texas	124
Rental Yield 2015	8
Rental Yield 2009	8.7
Rental Yield % change	-8.6
Rental Yield change rank compared to US	2,762
Rental Yield change rank compared to Texas	183