1192 - What is a Good ROI on Rental Property by Chris Bibey

BiggerPockets Daily

English - January 19, 2024 07:00 - 11 minutes - ★★★★★ - 284 ratings
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Previous Episode: 1191 - These Markets are Most Vulnerable to Housing Declines by Anna Cottrell

Next Episode: 1193 - What to Look for When Buying a Rental Property (X Considerations) by Chris Bibey

When you buy a rental property, you do so with one goal in mind: to generate a positive return on investment (ROI).
So, What Is a Good ROI on Rental Property?
A good ROI on rental property typically ranges from 6% to 10%, although this can vary with location, property type, and market conditions. In some areas, ROIs over 12% are possible, while in expensive urban locations, a 4% to 6% ROI may still be favorable.
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When you buy a rental property, you do so with one goal in mind: to generate a positive return on investment (ROI).

So, What Is a Good ROI on Rental Property?

A good ROI on rental property typically ranges from 6% to 10%, although this can vary with location, property type, and market conditions. In some areas, ROIs over 12% are possible, while in expensive urban locations, a 4% to 6% ROI may still be favorable.

Learn more about your ad choices. Visit megaphone.fm/adchoices