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The 20 areas with fastest repaying investment properties.

Estated Data Team
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Similar to the 20 fastest appreciating areas in the nation, most of the areas with a high rent to purchase price ratio are in Florida. Explore this interactive map of the top 20 regions with the highest rent to property prices, or jump to the full report here.

Fastest repaying investment properties. Expected repayment is calculated by finding median property prices for each zip code across months of May through September and dividing by SAFMR for the the area.

* Map marker locations are approximate.

1

33322 - Fort Lauderdale, FL

3.2986 years to pay back price

2

33063 - Pompano Beach, FL

3.8386 years to pay back price

3

92240 - Desert Hot Springs, CA

4.1667 years to pay back price

4

33573 - Sun City Center, FL

4.3210 years to pay back price

5

33313 - Fort Lauderdale, FL

4.3789 years to pay back price

6

53204 - Milwaukee, WI

4.5171 years to pay back price

7

33319 - Fort Lauderdale, FL

4.7185 years to pay back price

8

33434 - Boca Raton, FL

4.7491 years to pay back price

9

33928 - Estero, FL

5.1471 years to pay back price

10

33928 - Estero, FL

5.1471 years to pay back price

11

32839 - Orlando, FL

5.3030 years to pay back price

12

44070 - North Olmsted, OH

5.3419 years to pay back price

13

33617 - Tampa, FL

5.4583 years to pay back price

14

33411 - West Palm Beach, FL

5.5449 years to pay back price

15

06457 - Middletown, CT

5.6159 years to pay back price

16

60505 - Aurora, IL

5.6854 years to pay back price

17

33446 - Delray Beach, FL

5.7018 years to pay back price

18

33445 - Delray Beach, FL

5.8147 years to pay back price

19

60527 - Hinsdale, IL

5.8273 years to pay back price

20

51501 - Council Bluffs, IA

5.9122 years to pay back price

Full report.

Based on median sale prices between May and September of 2020.

ZIP Code Payback Period In Years # Beds in Dwelling
#1 33322Fort Lauderdale, FL 3.30 1
#2 33063Pompano Beach, FL 3.84 1
#3 92240Desert Hot Springs, CA 4.17 1
#4 33573Sun City Center, FL 4.32 1
#5 33313Fort Lauderdale, FL 4.38 1
#6 53204Milwaukee, WI 4.52 3
#7 33319Fort Lauderdale, FL 4.72 1
#8 33434Boca Raton, FL 4.75 1
#9 33928Estero, FL 5.15 1
#10 33928Estero, FL 5.15 1
#11 32839Orlando, FL 5.30 1
#12 44070North Olmsted, OH 5.34 1
#13 33617Tampa, FL 5.46 1
#14 33411West Palm Beach, FL 5.54 1
#15 06457Middletown, CT 5.62 1
#16 60505Aurora, IL 5.69 1
#17 33446Delray Beach, FL 5.70 1
#18 33445Delray Beach, FL 5.81 1
#19 60527Hinsdale, IL 5.83 1
#20 51501Council Bluffs, IA 5.91 1

How do we calculate the payback period?

SAFMR stands for Small Area Fair Market Rent, and is the Department of Housing and Urban Development's best estimate for what the average rent seeker can expect to pay in each zip code. These rates are calculated separately for one, two, three, and four bedroom dwellings.

We use HUD's latest SAFMR's (released in October 2020, estimating expected 2021 rental rates) along with an estimation of the median property price for each category between the months of May and September of 2020 to determine a rent to price ratio for each zip code with a predetermined minimum number of sales. Finally, we picked the category (one, two, three, or four bedrooms) with the lowest price to rent ratio to represent each region before selecting the best ones.