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Updated about 5 years ago on . Most recent reply

Dirk Gesink's profile image
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Dirk Gesink
  • from Phoenix, Arizona
  • Member since May 1, 2017
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Dirk Gesink's profile image
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Dirk Gesink
  • from Phoenix, Arizona
  • Member since May 1, 2017
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Dirk Gesink
  • Phoenix, AZ
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Buying & Selling Real Estate

Does any US market meet the 2% rule?

Dirk Gesink
  • Phoenix, AZ
Posted

Does anyone know of a current US residential housing market in which the monthly rent equals 2% of the property value?

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Alex K.'s profile image
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Alex K.
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  • from Southeast Michigan
  • Member since Dec 9, 2015
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Alex K.'s profile image
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Alex K.
  • Specialist
  • from Southeast Michigan
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Alex K.
  • Specialist
  • Southeast Michigan
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Alex K.
  • Specialist
  • Southeast Michigan
Replied
Originally posted by @Dirk Gesink:

Does anyone know of a current US residential housing market in which the monthly rent equals 2% of the property value?

 Detroit Michigan! 

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