HCRI Index measures Effective Gross Yield, defined as the current fair market annualized rent minus estimated property tax, divided by the current fair market home value for all non-owner occupied single-family properties in the U.S.
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Within any given state, top-performing ZIP Codes can generate as much as 25% gross yield or as little as 3%. If you would like to see the rental yield for a specific home in your area, take a look at our Excel Spreadsheet Match & Append solution and utilize the Rental Yield endpoint. Act now to get $200 in free credits!