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Updated over 5 years ago on . Most recent reply

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11
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Thomas Whittlesey
  • Rental Property Investor
  • Athens, GA
1
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11
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Good areas for investing in Southeastern states for under $100k?

Thomas Whittlesey
  • Rental Property Investor
  • Athens, GA
Posted

I'm a relatively new investor, currently living in Athens, Georgia. The price/rent ratio doesn't work in this area, so I was looking to see if anyone could speak to any gentrifying cities/towns in the Southeastern states that are proving good cash flow and have some properties under $100k purchase price preferably. Thanks in advance! 

Most Popular Reply

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232
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Art Perkitny
  • Specialist
  • Cleveland, OH
348
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232
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Art Perkitny
  • Specialist
  • Cleveland, OH
Replied

@Thomas Whittlesey

Here is a resource that may help you with your search

It's a spreadsheet that lists all the incorporated places over 10k in population contained within the East South Central and South Atlantic Divisions of the USA.

Cities in South Comparison Spreadsheet

I have ordered all the cities by median home values since you stated you are interested in properties under 100k

I have also included the rent to price ratio for each area as well as two metrics that correlate with gentrification (educational attainment and poverty rate)

Once you have filtered you search down to a few cities, I suggest looking into the sub markets for each of them. 

Hope this helps! 

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