Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI
* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.
Based on 4.21% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.
Based on 0.0% YoY price growth. Moderate growth (3-8%) scores highest.
Based on 0.0% population growth. Growing areas indicate economic stability.
Based on price relative to estimated local incomes.
Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.
| Metro Area | Verdict | ||||||
|---|---|---|---|---|---|---|---|
Sterling, CO Sterling, CO | 60 | $255,446 | $1,091 | 5.13% | Buy | View | |
Faribault, MN Faribault, MN | 60 | $352,306 | $1,669 | 5.69% | Buy | View | |
Lake City, FL Lake City, FL | 60 | $271,231 | $1,503 | 6.65% | Buy | View | |
Oxford, MS Oxford, MS | 60 | $405,846 | $2,117 | 6.26% | Buy | View | |
Fitzgerald, GA Fitzgerald, GA | 60 | $125,821 | Est. | Buy | View | ||
Current Boone, NC | 40 | $514,385 | $1,806 | 4.21% | Avoid |
The Boone, NC metro area scores 40/100, ranking #843 of 894 US metros (top 94%). The 4.21% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.
Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.