Trend of Rental Yield in Marengo County, Alabama

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

CountyMarengo County
Population 201520,306
Population 200921,210
Population % change-4.3
Population change rank compared to US2,871
Population change rank compared to Alabama56
Median Gross Rent 2015530
Median Gross Rent 2009458
Median Gross Rent % change15.7
Median Gross Rent change rank compared to US1,385
Median Gross Rent change rank compared to Alabama34
Home Value 201590,800
Home Value 200976,500
Home Value % change18.7
Home Value change rank compared to US645
Home Value change rank compared to Alabama12
Rental Yield 20157.0
Rental Yield 20097.2
Rental Yield % change-2.5
Rental Yield change rank compared to US2,436
Rental Yield change rank compared to Alabama48