The online real estate investment management firm HomeUnion has identified zip codes in 20 U.S. metropolitan areas where investors have seen the highest return on investment and the least risk in the last five years.
To compile its list, HomeUnion used a proprietary methodology to calculate the total annualized return — including projected appreciation and cash flow — of single-family rentals in more than 200,000 neighborhoods in the United States. The firm then eliminated neighborhoods with an average school rating below the 70th percentile, based on data from Maponics.
Based on the research, and as reported by Business Insider, rental properties in Metro Detroit are among the top 20 real estate investments in the entire country.
