The Magic Number for SFR Investors: 33434 – NMP Skip to main content

The Magic Number for SFR Investors: 33434

Phil Hall
Jul 25, 2017
Sales of single-family homes in Florida totaled 19,990 last month

When it comes to getting the biggest bang for the buck by investing in single-family rentals (SFR), a new data report insists the magic number for success is 33434.
 
The online real estate investment management firm HomeUnion analyzed ZIP codes in 20 major metro areas to determine which areas saw the greatest returns on investment minimizing risk over a five-year horizon. The highest-ranking ZIP code was 33434, belonging to the Hamptons at Boca Raton, Fla., submarket within the West Palm Beach metro area. Other top markets included ZIP code 19035 in the Gladwyne section of metro Philadelphia; 48322 in the West Bloomfield Township section of metro Detroit; 33158 in the Palmetto Bay section of metro Miami; and 33327 in the Weston section of metro Fort Lauderdale.
 
“As more Americans seek to diversify their investment portfolios into real estate, we have put together a list of the best zip codes in 20 markets for them to invest and hold over a five-year period or longer,” said Steve Hovland, director of research for HomeUnion. “Typically, SFRs in areas with good schools have been attractive to long-term investors, though those areas have been more challenging to locate for remote investors in today’s heated housing market.”

 
Published
Jul 25, 2017
Manufactured Housing: The New Affordable Alternative

While the housing market is grappling with widespread affordability and supply, manufactured homes are gaining ground as a new alternative. 

Industry News
Dec 03, 2021
Angel Oak Home Loans Opens 3 New Branches

Continues expansion in Western U.S. with new branches in California, Nevada & Utah.

Industry News
Dec 02, 2021
Open Mortgage Names New President

Joe Stephenson, formerly of American Advisors Group, to lead daily operations.

Industry News
Dec 01, 2021
Homepoint Expands Refinance Program Offerings

Now offers Freddie Mac’s new refinance option, Refi Possible, making it easier for many homeowners with a Freddie Mac-owned mortgage to reduce their interest rate.

Industry News
Nov 30, 2021
Non-QM Lender Deephaven Hires Business Development VP

Dallas-based Tim Fisher charged with growing Deephaven’s correspondent business In Texas and surrounding states

Industry News
Nov 30, 2021
Biden Reappoints Powell As Federal Reserve Chairman

A signal that The Fed will continue its policies as inflation surges and economic uncertainty spikes due to an emerging variant of the coronavirus. 

Industry News
Nov 29, 2021