Planning on investing in Dallas Texas Real Estate? Since the Real Estate market started booming following the housing crisis of 2008 the local Real Estate market has continued to be one of the top markets in the United States that’s yielded the highest returns for buyers.
Why Your Zip Code Matters
Your ZIP code is a pretty important piece of an address, especially when it comes to the real estate market. HomeUnion, an online real estate investment management firm, identified zip codes in 20 metros that maximize real estate returns while minimizing risk over a five-year horizon. They examined school quality and neighborhood attractiveness for single-family rentals over five years.
“HomeUnion Research Services looked at more than a dozen attributes that characterize a neighborhood including crime, schools, white-collar jobs, unemployment, homeownership, permitting activity, etc.,” said Steve Hovland, director of research for HomeUnion. “Based on those attributes, we forecast appreciation, vacancy and rent changes over the next five years.”
The study calculated Annualized Total Return, which includes HomeUnion’s projections for how much the value of single-family rentals will appreciate and how much cash flow they’re expected to generate. According to Hovland, HomeUnion’s model can determine the price and rent for every single-family home within a specific zip code and allow them to predict the price and rent in five years.
The long haulAmericans are increasingly investing in real estate to reap the rewards, which makes investing in the right ZIP code crucial. To mitigate risk and earn the highest real estate returns, investors should focus assets that can maintain value even during downturns, Hovland said.
RELATED:
20. 46280Submarket: North Indianapolis, Ind.
Metro area: Indianapolis
Annualized total return: 5.4%
19. 91602
Submarket: North Hollywood, Calif.
Metro area: Los Angeles
Annualized total return: 5.4%
18. 73003
Submarket: Edmond, Okla.
Metro area: Oklahoma City, Okla.
Annualized total return: 5.4%
17. 63043
Submarket: Maryland Heights, Mo.
Metro area: St. Louis
Annualized total return: 5.5%
16. 85259
Submarket: North Scottsdale, Ariz.
Metro area: Phoenix
Annualized total return: 5.5%
15. 77059
Submarket: Clear Lake City, Texas
Metro area: Houston
Annualized total return: 5.6%
14. 75022
Submarket: Flower Mound, Texas
Metro area: Dallas
Annualized total return: 5.6%
13. 44023
Submarket: Chagrin Falls, Ohio
Metro area: Cleveland
Annualized total return: 5.6%
12. 34677
Submarket: Oldsmar, Fla.
Metro area: Tampa
Annualized total return: 5.7%
11. 97224
Submarket: King City, Ore.
Metro area: Portland, Ore.
Annualized total return: 5.8%
10. 30078
Submarket: Snellville, Ga.
Metro area: Atlanta
Annualized total return: 5.8%
9. 45255
Submarket: Forestville/Cherry Grove, Ohio
Metro area: Cincinnati
Annualized total return: 5.9%
8. 60016
Submarket: Des Plaines, Ill.
Metro area: Chicago
Annualized total return: 6%
7. 66223
Submarket: Overland Park, Kansas
Metro area: Kansas City, Mo.
Annualized total return: 6.2%
6. 37062
Submarket: Fairview, Tenn.
Metro area: Nashville, Tenn.
Annualized total return: 6.5%
5. 33327
Submarket: Weston, Fla.
Metro area: Fort Lauderdale, Fla.
Annualized total return: 6.6%
4. 33158
Submarket: Palmetto Bay, Fla.
Metro area: Miami
Annualized total return: 6.8%
3. 48322
Submarket: West Bloomfield Township, Mich.
Metro area: Detroit
Annualized total return: 6.9%
2. 19035
Submarket: Gladwyne, Penn.
Metro area: Philadelphia
Annualized total return: 6.9%
1. 33434
Submarket: Hamptons at Boca Raton, Fla.
Metro area: West Palm Beach, Fla.
Annualized total return: 8.1%
Search For Real Estate In Dallas Texas
To get started with searching for Real Estate in Dallas Texas contact me, Heath Olinger, Realtor(R) with Rogers Healy and Associates by calling me at (972) 523-1389 or CLICK HERE to connect with me online.
