Trend of Rental Yield in Portsmouth 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

CountyPortsmouth city
Population 201596,135
Population 2009100,674
Population % change-4.5
Population change rank compared to US2,891
Population change rank compared to Virginia122
Median Gross Rent 2015964
Median Gross Rent 2009856
Median Gross Rent % change12.6
Median Gross Rent change rank compared to US1,853
Median Gross Rent change rank compared to Virginia90
Home Value 2015169,800
Home Value 2009169,800
Home Value % change0
Home Value change rank compared to US2,300
Home Value change rank compared to Virginia89
Rental Yield 20156.8
Rental Yield 20096.0
Rental Yield % change12.6
Rental Yield change rank compared to US1,094
Rental Yield change rank compared to Virginia63