Market Read
A market with no active rental pool to price against. The sale-side figures below are the whole picture.
- Tenant economics are strong. Median household income $90K, +2.9% YoY (county); renters hold 34.7% of county households. See the people evidence ↓
Gross Rental Yield
–
1% rule implies 12%/yr
Rent-to-Price
–
1% rule benchmark: 1.00%/mo
Gross Rent Multiplier
–
Price ÷ annual gross rent
Asking vs Voucher
–
No bedroom size has both a rent sample and a published FMR
Computed from this page's data: median listing $469,000 (Realtor). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.
dynamic.RE