Online websites cannot give an accurate value as they do not have the required detail and data to make the proper estimate.

What are the chances of the property increasing in value in the next few years?

Gather lots of rental data and get it from sources other than the seller and property management companies.

I was looking at a retirement city that has 25% vacancy rate.Here is some other data:-population 21k-population growth 14% (since 2000)-median sales price 129k-year-over-year return -12%-quarter-over-quarter -14%-sales price 5 years ago 192k-2006 sales price 270K-median rent listed 1250$ (-22% change since a year ago)I like the fact that there's definitely room to grow (between 2006 price and current), however I am concerned about 25% vacancy rate and decreasing rents.

Welcome to the site.I'm very new to the ideas presented here as well, but I can say that the podcasts that the BP guys do are invaluable.

One of our properties is listed on there... bought 2 years ago and increased in value 140% so far

See what a data list company charges per lead for similar criteria.

I have thoroughly enjoyed what the site has to offer and knew I should join and take full advantage of the knowledgeable community already here.I currently work in sales and consulting for a data management and protection company.

Our MLS up here in Denver has one with almost real time data.

Also, I believe the 78% is based on the loan to value of the house so although you may be required to pay for 60 months you may reach that % (or not) through the potential increase (or decrease) in value of the house during that five years.