Appreciation on SFH vs. College Rentals

[Roger Pokorny]

I am curious how appreciation affects college rental property vs. SFH. Does a house that is in an area traditionally rented to college students appreciate at the same rate as SFH in the same town?

I am analyzing a house historically has been rented to college students.  If I was to purchase the property, I would continue to do the same.  I believe this paticular town has the potential for appreciation in future years, which is what has attracted me to buy and hold property in this market.  No, I am not banking on appreciation and it does not even factor into my analysis.  Current cashflow is the deciding factor in whether I buy a property or not.  That being said, if I can buy property with good cash flow, appreciation becomes the icing on the cake.

Back to my orginal question, I am investing in this area because I think there is potential for future appreciation. If the cashflow is equal on a SFH and a college rental, which has the potential to appreciate more. I know different neighborhoods will appreciate differently, but to keep things simple, let's ignore this factor.