Trend of Rental Yield in Cheyenne County, Kansas

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: Cheyenne County under performed than Kansas by -7.3
• % Change Population: Cheyenne County under performed than US by -8.1
• CAGR Population: Cheyenne County under performed than state by -1.2
• CAGR Population: Cheyenne County under performed than US by -1.3
• % Change Median Gross Rent: Cheyenne County out performed than Kansas by 2.4
• % Change Median Gross Rent: Cheyenne County out performed than US by 4.9
• CAGR Median Gross Rent: Cheyenne County out performed than state by 0.4
• CAGR Median Gross Rent: Cheyenne County out performed than US by 0.8
• % Change Home Value: Cheyenne County out performed than Kansas by 12.4
• % Change Home Value: Cheyenne County out performed than US by 27.4
• CAGR Home Value: Cheyenne County out performed than state by 1.8
• CAGR Home Value: Cheyenne County out performed than US by 4.2
• % Change Rental Yield: Cheyenne County under performed than Kansas by -8.5
• % Change Rental Yield: Cheyenne County under performed than US by -22.2
• CAGR Rental Yield: Cheyenne County under performed than state by -1.4
• CAGR Rental Yield: Cheyenne County under performed than US by -3.5

County	Cheyenne County
Population 2015	2,682
Population 2009	2,769
Population % change	-3.1
Population change rank compared to US	2,753
Population change rank compared to Kansas	90
Median Gross Rent 2015	564
Median Gross Rent 2009	476
Median Gross Rent % change	18.5
Median Gross Rent change rank compared to US	1,033
Median Gross Rent change rank compared to Kansas	48
Home Value 2015	82,800
Home Value 2009	66,900
Home Value % change	23.8
Home Value change rank compared to US	390
Home Value change rank compared to Kansas	27
Rental Yield 2015	8.2
Rental Yield 2009	8.5
Rental Yield % change	-4.3
Rental Yield change rank compared to US	2,559
Rental Yield change rank compared to Kansas	76