Agent Advice found 10 cities that yield a high return with home values below the national median.
A shortage of new listings is helping to steady property prices as elevated interest rates present affordability challenges for buyers."
Cities with the best returns on investmentA recent study by Agent Advice analyzed home values and typical rent prices across US cities.
He added that the top ten cities for the best ROI have a typical housing value far below the national average.
And as many as seven of the ten have a typical housing value less than 50% of the national average.
Persons:
Chris Heller, Victor Whitmore, Whitmore, Travis Hanson, Thomas Harr, Harr, Heller, Jackson
Organizations:
Investors, Trading Economics, Columbus, Dothan, Sumter
Locations:
Tulsa , Oklahoma, Lubbock , Texas, Columbus , Ohio, Cities, Houma, LA, Johnstown, Beckley, WV, Decatur, IL, Shreveport, Peoria, SC, Texarkana, TX, TN