Trend of Rental Yield in Manassas city, 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

• % Change Population: Manassas city out performed than Virginia by 7.7
• % Change Population: Manassas city out performed than US by 9.6
• CAGR Population: Manassas city out performed than state by 1.2
• CAGR Population: Manassas city out performed than US by 1.5
• % Change Median Gross Rent: Manassas city under performed than Virginia by -10.3
• % Change Median Gross Rent: Manassas city under performed than US by -4.0
• CAGR Median Gross Rent: Manassas city under performed than state by -1.6
• CAGR Median Gross Rent: Manassas city under performed than US by -0.6
• % Change Home Value: Manassas city under performed than Virginia by -18.8
• % Change Home Value: Manassas city under performed than US by -16.0
• CAGR Home Value: Manassas city under performed than state by -3.5
• CAGR Home Value: Manassas city under performed than US by -3.0
• % Change Rental Yield: Manassas city out performed than Virginia by 15.5
• % Change Rental Yield: Manassas city out performed than US by 18.5
• CAGR Rental Yield: Manassas city out performed than state by 2.1
• CAGR Rental Yield: Manassas city out performed than US by 2.5

County	Manassas city
Population 2015	40,743
Population 2009	35,559
Population % change	14.6
Population change rank compared to US	166
Population change rank compared to Virginia	10
Median Gross Rent 2015	1,327
Median Gross Rent 2009	1,211
Median Gross Rent % change	9.6
Median Gross Rent change rank compared to US	2,301
Median Gross Rent change rank compared to Virginia	101
Home Value 2015	276,700
Home Value 2009	344,400
Home Value % change	-19.7
Home Value change rank compared to US	3,008
Home Value change rank compared to Virginia	129
Rental Yield 2015	5.8
Rental Yield 2009	4.2
Rental Yield % change	36.4
Rental Yield change rank compared to US	214
Rental Yield change rank compared to Virginia	12