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 5.40% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.
Based on 2.0% 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 | ||||||
|---|---|---|---|---|---|---|---|
Columbus, MS Columbus, MS | 73 | $190,558 | $1,391 | 8.76% | Buy | View | |
Salina, KS Salina, KS | 73 | $180,234 | $1,044 | 6.95% | Buy | View | |
Marion, IN Marion, IN | 73 | $156,372 | $886 | 6.80% | Buy | View | |
Oneonta, NY Oneonta, NY | 73 | $216,762 | $1,479 | 8.19% | Buy | View | |
Fairmont, WV Fairmont, WV | 73 | $169,410 | $1,148 | 8.13% | Buy | View | |
Current Fernley, NV | 53 | $417,886 | $1,879 | 5.40% | Hold |
The Fernley, NV metro area scores 53/100, ranking #679 of 894 US metros (top 76%). The 5.40% 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.