Trend of Rental Yield in Russell County, Virginia

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

CountyRussell County
Population 201528,245
Population 200928,921
Population % change-2.3
Population change rank compared to US2,636
Population change rank compared to Virginia109
Median Gross Rent 2015536
Median Gross Rent 2009455
Median Gross Rent % change17.8
Median Gross Rent change rank compared to US1,114
Median Gross Rent change rank compared to Virginia50
Home Value 201596,000
Home Value 200982,400
Home Value % change16.5
Home Value change rank compared to US788
Home Value change rank compared to Virginia19
Rental Yield 20156.7
Rental Yield 20096.6
Rental Yield % change1.1
Rental Yield change rank compared to US2,151
Rental Yield change rank compared to Virginia110