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 | 1,512 | $239,000 | 6.95 | 2.29 | 76 |
| 2 | Detroit, MI | 5,190 | $150,000 | 6.14 | 6.18 | 50 |
| 3 | Houma, LA | 1,369 | $259,900 | 6.14 | 0.67 | 91 |
| 4 | Lafayette, LA | 3,478 | $256,990 | 6.05 | 3.17 | 66 |
| 5 | Muncie, IN | 1,296 | $156,450 | 6.05 | 7.98 | 48 |
| 6 | Shreveport, LA | 1,985 | $250,000 | 5.91 | 4.60 | 67 |
| 7 | Hammond, LA | 1,350 | $268,995 | 5.85 | 2.82 | 65 |
| 8 | Jackson, MS | 2,206 | $292,750 | 5.77 | 5.75 | 74 |
| 9 | Florence, SC | 1,021 | $249,000 | 5.69 | 6.65 | 58 |
| 10 | Baton Rouge, LA | 4,032 | $293,990 | 5.65 | 4.43 | 64 |
| 11 | Beaumont, TX | 1,625 | $250,990 | 5.48 | 2.98 | 64 |
| 12 | Huntington, WV | 1,589 | $199,900 | 5.46 | 5.43 | 50 |
| 13 | Montgomery, AL | 1,817 | $315,000 | 5.46 | 6.22 | 54 |
| 14 | Gary, IN | 3,945 | $289,900 | 5.40 | 6.07 | 49 |
| 15 | Columbia, SC | 3,625 | $299,000 | 5.34 | 6.53 | 45 |
| 16 | Macon, GA | 2,387 | $271,985 | 5.30 | 6.95 | 59 |
| 17 | Slidell, LA | 1,761 | $320,990 | 5.27 | 2.80 | 58 |
| 18 | New Orleans, LA | 4,937 | $312,500 | 5.25 | 2.22 | 73 |
| 19 | Baltimore, MD | 3,887 | $269,999 | 5.24 | 4.33 | 43 |
| 20 | Jonesboro, AR | 1,260 | $235,000 | 5.21 | 5.11 | 56 |
| 21 | Morgantown, WV | 1,235 | $225,000 | 5.19 | 4.52 | 53 |
| 22 | Dothan, AL | 1,794 | $279,900 | 5.11 | 5.49 | 63 |
| 23 | Memphis, TN | 3,551 | $219,900 | 5.11 | 4.76 | 65 |
| 24 | Riverdale, GA | 1,060 | $275,000 | 5.10 | 4.47 | 51 |
| 25 | Sebring, FL | 1,716 | $249,888 | 5.09 | 6.52 | 76 |
| 26 | Midland, TX | 1,600 | $345,000 | 5.09 | 4.00 | 48 |
| 27 | Danville, VA | 1,139 | $250,000 | 5.06 | 5.92 | 65 |
| 28 | Gulfport, MS | 2,482 | $321,495 | 5.03 | 5.19 | 70 |
| 29 | Mobile, AL | 2,850 | $326,990 | 5.02 | 5.18 | 64 |
| 30 | Evansville, IN | 2,161 | $280,000 | 5.02 | 6.27 | 51 |
| 31 | Beckley, WV | 1,073 | $220,900 | 4.99 | 5.55 | 62 |
| 32 | Birmingham, AL | 7,425 | $303,545 | 4.97 | 4.62 | 56 |
| 33 | Decatur, AL | 1,090 | $289,000 | 4.95 | 4.91 | 62 |
| 34 | Boiling Springs, SC | 3,366 | $318,995 | 4.94 | 5.99 | 54 |
| 35 | Summerfield, FL | 1,399 | $283,990 | 4.93 | 4.80 | 78 |
| 36 | Aiken, SC | 2,254 | $296,565 | 4.92 | 5.90 | 55 |
| 37 | Little Rock, AR | 3,496 | $268,500 | 4.91 | 4.97 | 48 |
| 38 | Peoria, IL | 1,173 | $175,000 | 4.91 | 6.20 | 42 |
| 39 | Richmond Hill, GA | 1,540 | $313,900 | 4.87 | 6.77 | 51 |
| 40 | Albany, GA | 1,047 | $235,000 | 4.86 | 6.09 | 72 |
| 41 | Joplin, MO | 1,363 | $250,000 | 4.85 | 6.01 | 52 |
| 42 | Gadsden, AL | 2,331 | $274,900 | 4.83 | 4.68 | 63 |
| 43 | Fort Wayne, IN | 2,095 | $299,900 | 4.83 | 6.77 | 45 |
| 44 | Cape Girardeau, MO | 1,146 | $209,900 | 4.82 | 4.42 | 63 |
| 45 | Flint, MI | 2,422 | $239,900 | 4.79 | 6.04 | 45 |
| 46 | Winter Haven, FL | 4,322 | $294,945 | 4.79 | 3.84 | 72 |
| 47 | Crestview, FL | 1,354 | $317,461 | 4.78 | 3.93 | 66 |
| 48 | Lansing, MI | 1,674 | $259,900 | 4.75 | 5.15 | 39 |
| 49 | Jackson, TN | 1,710 | $279,665 | 4.75 | 5.66 | 65 |
| 50 | Guthrie, OK | 1,386 | $321,142 | 4.72 | 5.09 | 63 |
| 51 | Calera, AL | 2,033 | $325,000 | 4.72 | 4.38 | 51 |
| 52 | Auburn, AL | 4,381 | $369,000 | 4.71 | 5.98 | 52 |
| 53 | Altoona, PA | 1,593 | $200,000 | 4.71 | 3.43 | 55 |
| 54 | Parrish, FL | 2,991 | $395,318 | 4.71 | 2.73 | 64 |
| 55 | Jasper, AL | 1,163 | $299,900 | 4.69 | 4.51 | 61 |
| 56 | Toledo, OH | 1,896 | $239,900 | 4.69 | 5.44 | 41 |
| 57 | Tuscaloosa, AL | 1,839 | $334,900 | 4.68 | 4.38 | 57 |
| 58 | Lafayette, IN | 1,101 | $299,900 | 4.68 | 6.42 | 45 |
| 59 | Dunnellon, FL | 2,441 | $289,000 | 4.68 | 4.55 | 76 |
| 60 | Dayton, TX | 1,240 | $365,000 | 4.64 | 3.83 | 50 |
| 61 | Tallahassee, FL | 1,876 | $319,900 | 4.63 | 4.91 | 56 |
| 62 | Bloomington, IN | 1,548 | $315,000 | 4.62 | 5.14 | 57 |
| 63 | South Bend, IN | 2,579 | $358,900 | 4.59 | 6.52 | 42 |
| 64 | Rocky Mount, NC | 1,952 | $289,500 | 4.58 | 5.79 | 62 |
| 65 | Greenfield, IN | 1,265 | $350,000 | 4.58 | 5.12 | 52 |
| 66 | Amarillo, TX | 1,321 | $306,000 | 4.57 | 5.07 | 53 |
| 67 | Florence, AL | 1,661 | $299,900 | 4.57 | 5.46 | 66 |
| 68 | Lakeland, FL | 3,371 | $331,490 | 4.56 | 3.85 | 70 |
| 69 | Hardeeville, SC | 1,331 | $385,000 | 4.55 | 5.45 | 57 |
| 70 | Brooksville, FL | 1,841 | $334,000 | 4.54 | 4.05 | 72 |
| 71 | Youngstown, OH | 2,542 | $210,000 | 4.54 | 6.80 | 45 |
| 72 | Lithonia, GA | 2,515 | $314,900 | 4.52 | 4.18 | 58 |
| 73 | Greenville, SC | 5,567 | $345,900 | 4.52 | 5.54 | 50 |
| 74 | Ocala, FL | 3,793 | $296,990 | 4.51 | 4.41 | 77 |
| 75 | Pueblo, CO | 1,497 | $329,900 | 4.49 | 2.74 | 62 |
| 76 | Louisville, KY | 4,748 | $320,000 | 4.49 | 4.77 | 42 |
| 77 | Rome, GA | 1,611 | $314,900 | 4.48 | 5.81 | 58 |
| 78 | Leesburg, FL | 3,450 | $328,245 | 4.48 | 3.63 | 68 |
| 79 | Anderson, SC | 2,965 | $350,000 | 4.47 | 5.46 | 53 |
| 80 | Waco, TX | 1,943 | $302,605 | 4.43 | 3.96 | 70 |
| 81 | Panama City Beach, FL | 3,103 | $399,000 | 4.43 | 4.10 | 70 |
| 82 | Kingsport, TN | 2,322 | $330,990 | 4.43 | 6.84 | 56 |
| 83 | Huntsville, AL | 5,130 | $359,900 | 4.43 | 4.00 | 59 |
| 84 | Eufaula, OK | 1,087 | $250,000 | 4.42 | 5.40 | 75 |
| 85 | Indianapolis, IN | 3,920 | $299,999 | 4.41 | 4.91 | 44 |
| 86 | Greenwood, IN | 1,300 | $354,995 | 4.40 | 4.96 | 50 |
| 87 | Fort Smith, AR | 1,428 | $275,000 | 4.39 | 5.47 | 73 |
| 88 | Somerset, KY | 1,412 | $279,700 | 4.37 | 3.03 | 61 |
| 89 | Venice, FL | 3,732 | $372,000 | 4.37 | 2.03 | 76 |
| 90 | Norman, OK | 2,126 | $305,208 | 4.37 | 4.86 | 52 |
| 91 | Lubbock, TX | 2,872 | $250,000 | 4.37 | 3.29 | 47 |
| 92 | Pensacola, FL | 2,682 | $345,000 | 4.36 | 4.32 | 64 |
| 93 | Elizabethtown, KY | 1,352 | $304,900 | 4.36 | 5.08 | 52 |
| 94 | Fayetteville, NC | 3,726 | $329,900 | 4.35 | 5.98 | 57 |
| 95 | Springfield, MO | 2,373 | $325,000 | 4.34 | 5.77 | 49 |
| 96 | Angleton, TX | 1,450 | $300,087 | 4.34 | 3.47 | 71 |
| 97 | Harrison, MI | 1,368 | $252,450 | 4.33 | 5.25 | 41 |
| 98 | Saint Louis, MO | 5,467 | $252,000 | 4.33 | 4.80 | 43 |
| 99 | Bowling Green, KY | 2,379 | $349,900 | 4.31 | 5.00 | 56 |
| 100 | Heber Springs, AR | 1,422 | $289,900 | 4.31 | 4.97 | 69 |