Real estate investment in current economy vs stock market

[Shrey A.]

I hope I will not be hated on for this question. I have been an investor in stock markets for the last 7 years. In the last 5 years, an index fund for S&P500 has yielded 75% returns (15% yearly on average?). The stock where I would sell and get my downpayment has showed > 200% return in last 5 years (yes, some stocks are crazy!). Now while I'm super pumped to invest into some good real estate opportunities, the best deals I can find are ~15% Cash on Cash yearly, if I include equity, it goes up to 25%, if I assume yearly 2% appreciation, it goes up to 30% returns. 

Yes, both stock market and real estate are cyclical. So it is really confusing as to would it be wise to pull some of my stock investments and put in real estate.

What do people on this forum think?