flexiblefullpage - default
Currently Reading

Single-Family Rentals in Houston Seeing Robust Returns

Advertisement
billboard - default

Single-Family Rentals in Houston Seeing Robust Returns


May 1, 2018
Man walking up stairs
Photo: Unsplash/Joshua Ness

A report from Roofstock.com, an online marketplace for housing investments, found that in Houston, single-family rental investors are seeing average annual returns of 12.8 percent, just below the national average. 

These rental investments are surpassing returns on stocks and bonds; bonds saw an average 3 percent annual yield. Roofstock CEO and co-founder Gary Beasley said in an announcement that single-family rentals have, "historically been considerably less volatile than stocks and bonds and generates consistent monthly income," The Houston Chronicle reports. 

"After a booming 2017, first-quarter turbulence in the stock market was an abrupt wake-up call for investors," said Beasley. Roofstock crunched the numbers including data from the S&P 500, the Federal Reserve, U.S. Census Bureau and Zillow. The Oakland, Calif.-based company provides an online marketplace for buying and selling leased single-family rental houses. It operates in 25 markets across the U.S. and has 30 listings in Texas.

Read more

Advertisement
leaderboard2 - default

Tags

Related Stories

Affordability

Cost of Housing Index Shows Most Americans Are Burdened by Home Prices

For both new and existing homes, the average household would need to use more than 30% of its earnings to cover mortgage payments

Financing

Why Down Payments Are Now Nearly 14% Higher Than in 2020

The average down payment in Q1 2024 is high, but it’s still lower than the peak seen in Q4 2023

Economics

Mortgage Rate Declines Could Boost Home Sales Following Months of Low Activity

Encouraging economic news bumped mortgage applications up by 2.6% for the week ending May 3

Advertisement
boombox1 -
Advertisement
native1 - default
halfpage2 -

More in Category

Home builders can maximize efficiencies gained through simplification and standardization by automating both on-site and back-office operations 

Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness

NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs

Advertisement
native2 - default
Advertisement
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.