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Updated almost 5 years ago on . Most recent reply
Sacramento SFH for Investment
Considering Sacramento for SFH real estate investment. Looking to get answers for following questions:
1. What is the potential for appraisal? Historically in last 10 years what has been YoY increase?
2. How easy it is to rent out SFH? What is typical time on market for rental properties to find tenants?
3. Any specific pockets in Sacramento that has more growth potential over other?
Thanks!
Most Popular Reply
Hey @Romil S.
1. What is the potential for appraisal? Historically in last 10 years what has been YoY increase?
- Yoy increase has been strong in Sacramento, obviously 10 years ago we were coming out of the recession so there was double digit increases but over the last 3 years increases have been modest between 2-5%
2. How easy it is to rent out SFH? What is typical time on market for rental properties to find tenants?
extremely easy, demand for a nice rental property is at an ALL TIME HIGH in Sacramento, if you are appropriately priced you should be able to rent it out in no time.
3. Any specific pockets in Sacramento that has more growth potential over other?
I would say oak park, natomas, meadowview/pocket, and west sac are my current favorites in regards to growth
let me know if there is any way I can be of assistance as I am a local realtor here in Sacramento :)
- DJ Dawson