The top performing zip code areas all had vacancy rates of 5% or lower for non-owner-occupied homes, and at least 25% of all single family homes were non-owner occupied in these zip codes.
“This top 25 list includes zip codes that not only have solid rental returns and positive cash flow opportunities, but are also located in neighborhoods with relatively low vacancy rates and with home price growth and population growth — which should continue to put upward pressure on rental rates,” said Daren Blomquist, senior vice president at ATTOM Data Solutions.
