Metros ranked by Cap Rate
Note: These are only the median Cap Rate for a whole metro. There are many individual properties in a metro that will have better Cap Rate. Go here to explore the top properties by Cap Rate in a metro.
| Rank | Metro | #Properties | Price | Cap Rate | ROI Rate | Days on Market |
|---|---|---|---|---|---|---|
| 1 | Lake Charles, LA | 1,507 | $234,990 | 6.54 | 1.61 | 105 |
| 2 | Houma, LA | 1,404 | $253,000 | 6.27 | 0.67 | 120 |
| 3 | Muncie, IN | 1,111 | $155,000 | 6.17 | 9.73 | 66 |
| 4 | Detroit, MI | 4,784 | $149,900 | 6.16 | 7.85 | 52 |
| 5 | Lafayette, LA | 3,102 | $250,000 | 6.06 | 3.50 | 86 |
| 6 | Shreveport, LA | 2,066 | $252,745 | 5.97 | 4.15 | 85 |
| 7 | Hammond, LA | 1,200 | $269,990 | 5.87 | 4.05 | 75 |
| 8 | Jackson, MS | 2,055 | $299,000 | 5.62 | 6.23 | 90 |
| 9 | Beaumont, TX | 1,617 | $249,500 | 5.61 | 3.95 | 74 |
| 10 | Montgomery, AL | 1,673 | $305,000 | 5.59 | 6.67 | 57 |
| 11 | Baton Rouge, LA | 3,713 | $296,900 | 5.58 | 5.75 | 80 |
| 12 | Huntington, WV | 1,253 | $195,000 | 5.48 | 6.61 | 82 |
| 13 | Slidell, LA | 1,565 | $304,900 | 5.45 | 2.58 | 63 |
| 14 | Gary, IN | 3,898 | $275,000 | 5.42 | 7.17 | 56 |
| 15 | Columbia, SC | 3,214 | $290,000 | 5.42 | 7.43 | 54 |
| 16 | Peoria, IL | 1,017 | $168,900 | 5.35 | 8.20 | 71 |
| 17 | Macon, GA | 2,281 | $273,500 | 5.34 | 8.09 | 68 |
| 18 | Jonesboro, AR | 1,185 | $234,900 | 5.33 | 6.11 | 78 |
| 19 | Baltimore, MD | 3,274 | $259,450 | 5.28 | 5.68 | 55 |
| 20 | New Orleans, LA | 4,702 | $310,000 | 5.18 | 2.00 | 92 |
| 21 | Dothan, AL | 1,674 | $275,000 | 5.18 | 6.96 | 80 |
| 22 | Memphis, TN | 2,967 | $210,000 | 5.17 | 6.01 | 79 |
| 23 | Gadsden, AL | 2,217 | $250,000 | 5.17 | 6.39 | 78 |
| 24 | Albany, GA | 1,052 | $225,000 | 5.15 | 7.19 | 64 |
| 25 | Gulfport, MS | 2,293 | $316,000 | 5.14 | 5.98 | 79 |
| 26 | Mobile, AL | 2,698 | $314,400 | 5.14 | 6.06 | 65 |
| 27 | Boiling Springs, SC | 2,921 | $317,000 | 5.12 | 7.45 | 61 |
| 28 | Evansville, IN | 2,065 | $277,000 | 5.11 | 7.45 | 71 |
| 29 | Sebring, FL | 1,837 | $245,000 | 5.09 | 7.35 | 84 |
| 30 | Youngstown, OH | 1,954 | $194,000 | 5.05 | 7.79 | 83 |
| 31 | Birmingham, AL | 7,329 | $289,900 | 5.03 | 5.38 | 61 |
| 32 | Cape Girardeau, MO | 1,027 | $199,000 | 5.02 | 5.55 | 61 |
| 33 | Little Rock, AR | 3,042 | $254,650 | 5.01 | 6.24 | 57 |
| 34 | Midland, TX | 1,564 | $332,000 | 5.00 | 4.32 | 56 |
| 35 | Riverdale, GA | 1,065 | $264,900 | 5.00 | 6.25 | 61 |
| 36 | Fort Wayne, IN | 1,855 | $289,900 | 5.00 | 8.13 | 61 |
| 37 | Auburn, AL | 3,674 | $339,900 | 4.98 | 6.98 | 56 |
| 38 | Joplin, MO | 1,416 | $229,900 | 4.95 | 7.61 | 72 |
| 39 | Flint, MI | 2,094 | $214,500 | 4.94 | 7.57 | 64 |
| 40 | Aiken, SC | 2,188 | $299,900 | 4.93 | 6.60 | 78 |
| 41 | Jackson, TN | 1,532 | $259,900 | 4.92 | 7.20 | 101 |
| 42 | Richmond Hill, GA | 1,198 | $323,800 | 4.88 | 8.17 | 56 |
| 43 | Altoona, PA | 1,416 | $174,450 | 4.86 | 4.44 | 88 |
| 44 | Toledo, OH | 1,742 | $218,000 | 4.85 | 6.86 | 56 |
| 45 | South Bend, IN | 2,134 | $339,900 | 4.79 | 7.84 | 65 |
| 46 | Tuscaloosa, AL | 1,620 | $314,950 | 4.78 | 4.65 | 52 |
| 47 | Winter Haven, FL | 4,439 | $299,000 | 4.75 | 5.64 | 81 |
| 48 | Rocky Mount, NC | 1,716 | $284,250 | 4.74 | 7.32 | 80 |
| 49 | Florence, AL | 1,428 | $299,000 | 4.71 | 7.05 | 99 |
| 50 | Dunnellon, FL | 2,597 | $293,400 | 4.68 | 6.18 | 86 |
| 51 | Parrish, FL | 3,124 | $385,000 | 4.68 | 4.79 | 63 |
| 52 | Crestview, FL | 1,256 | $318,308 | 4.67 | 5.30 | 77 |
| 53 | Anderson, SC | 2,430 | $337,245 | 4.67 | 7.30 | 69 |
| 54 | Brooksville, FL | 1,837 | $329,990 | 4.66 | 6.04 | 89 |
| 55 | Bloomington, IN | 1,267 | $293,500 | 4.64 | 6.93 | 82 |
| 56 | Amarillo, TX | 1,420 | $284,375 | 4.63 | 5.87 | 57 |
| 57 | Tallahassee, FL | 1,757 | $309,900 | 4.63 | 5.49 | 65 |
| 58 | Calera, AL | 1,817 | $319,900 | 4.61 | 5.04 | 60 |
| 59 | Hardeeville, SC | 1,075 | $380,000 | 4.60 | 7.53 | 63 |
| 60 | Leesburg, FL | 3,366 | $333,579 | 4.60 | 5.61 | 75 |
| 61 | Guthrie, OK | 1,141 | $329,995 | 4.57 | 5.85 | 65 |
| 62 | Somerset, KY | 1,137 | $260,000 | 4.56 | 4.66 | 103 |
| 63 | Summerfield, FL | 1,436 | $295,900 | 4.56 | 5.80 | 80 |
| 64 | Lansing, MI | 1,472 | $249,250 | 4.55 | 6.53 | 60 |
| 65 | Louisville, KY | 4,086 | $309,900 | 4.54 | 5.83 | 56 |
| 66 | Kingsport, TN | 2,061 | $335,000 | 4.52 | 8.00 | 82 |
| 67 | Lakeland, FL | 3,610 | $336,995 | 4.51 | 5.42 | 76 |
| 68 | Lithonia, GA | 2,498 | $300,000 | 4.50 | 5.82 | 60 |
| 69 | Ocala, FL | 3,848 | $296,990 | 4.50 | 5.74 | 84 |
| 70 | Greenfield, IN | 1,115 | $344,999 | 4.50 | 6.95 | 59 |
| 71 | Jasper, AL | 1,153 | $299,900 | 4.49 | 4.97 | 79 |
| 72 | Greenville, SC | 4,873 | $339,000 | 4.49 | 6.92 | 60 |
| 73 | Pensacola, FL | 2,509 | $330,000 | 4.48 | 5.73 | 70 |
| 74 | Dayton, TX | 1,149 | $359,990 | 4.48 | 5.11 | 84 |
| 75 | Zanesville, OH | 1,249 | $264,900 | 4.46 | 6.24 | 72 |
| 76 | Huntsville, AL | 4,683 | $359,900 | 4.45 | 5.65 | 71 |
| 77 | Angleton, TX | 1,362 | $299,990 | 4.44 | 4.26 | 78 |
| 78 | Davenport, IA | 1,079 | $197,100 | 4.44 | 5.24 | 56 |
| 79 | Waco, TX | 1,817 | $309,900 | 4.42 | 5.49 | 91 |
| 80 | Evans, GA | 1,375 | $349,000 | 4.41 | 6.08 | 76 |
| 81 | Elizabethtown, KY | 1,321 | $298,900 | 4.40 | 6.97 | 67 |
| 82 | Kalamazoo, MI | 1,536 | $319,000 | 4.39 | 6.42 | 63 |
| 83 | Heber Springs, AR | 1,268 | $271,450 | 4.38 | 6.08 | 82 |
| 84 | Rome, GA | 1,553 | $302,900 | 4.38 | 7.19 | 62 |
| 85 | Cleveland, OH | 3,905 | $239,000 | 4.37 | 6.80 | 56 |
| 86 | Greenwood, IN | 1,154 | $349,945 | 4.37 | 6.77 | 57 |
| 87 | Pueblo, CO | 1,346 | $325,000 | 4.35 | 4.19 | 65 |
| 88 | Indianapolis, IN | 3,219 | $299,000 | 4.35 | 6.70 | 60 |
| 89 | Lehigh Acres, FL | 3,619 | $358,990 | 4.33 | 4.26 | 80 |
| 90 | Saint Louis, MO | 4,524 | $249,000 | 4.33 | 6.00 | 54 |
| 91 | Norman, OK | 2,143 | $310,000 | 4.32 | 6.37 | 67 |
| 92 | Bowling Green, KY | 2,219 | $334,900 | 4.32 | 6.58 | 68 |
| 93 | Binghamton, NY | 1,158 | $223,450 | 4.31 | 6.24 | 80 |
| 94 | Fayetteville, NC | 3,272 | $325,000 | 4.31 | 7.52 | 73 |
| 95 | Lubbock, TX | 2,826 | $247,950 | 4.29 | 4.33 | 57 |
| 96 | Venice, FL | 4,195 | $374,900 | 4.28 | 4.18 | 84 |
| 97 | Fort Smith, AR | 1,381 | $269,000 | 4.28 | 6.58 | 92 |
| 98 | Suffolk, VA | 1,734 | $369,000 | 4.28 | 6.11 | 50 |
| 99 | Kingman, AZ | 1,240 | $284,900 | 4.27 | 5.39 | 83 |
| 100 | Deltona, FL | 1,339 | $349,990 | 4.25 | 4.76 | 68 |