Suburbs where the neighborhoods are predominantly owner occupants and are better school districts.
Typically range between $100,000 and $175,000.
Range from $1,200 to $2,000. ROI can range from 8-10% on an all-cash basis, with higher cash on cash ROI when leverage is applied.
Suburbs where neighborhoods are a mixture of tenants and owner occupants.
Typically range between $50,000 and $100,000.
Rents range from $850 to $1,200. ROI can range from 10-14% on an all-cash basis.
Neighborhoods are predominantly tenants.
Typically range between $30,000 and $50,000.
Rents range from $650 to $950. ROI can range from 14-16% on an all-cash basis.