Buying an investment property in a good neighborhood doesn’t have to mean sacrificing high investment returns — if you know where to look and are willing to look outside your backyard.
Among more than 1,000 U.S. zip codes with an A rating in the first-ever ATTOM Data Solutions Neighborhood Housing Index, the median home sales price in Q1 2017 was $410,684 on average, but the median sales price in 382 of those zip codes was under $250,000, with 27 zips below $100,000. This low-priced housing inventory in quality neighborhoods translates into stellar returns with lower risk for home flippers and rental investors.
The info graphic below shows the top 5 A-rated zip codes in terms of highest home flipping returns in 2016 and highest potential annual rental gross yields in 2017.
Originally published here.
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