Ultimate Athens County Real Estate Investing Guide for 2024
Overview
Athens County Real Estate Investing Market Overview
For the decade, the annual growth of the population in Athens County has averaged . The national average at the same time was with a state average of .
Throughout the same 10-year cycle, the rate of growth for the entire population in Athens County was , in comparison with for the state, and throughout the nation.
Property prices in Athens County are illustrated by the prevailing median home value of . To compare, the median price in the nation is , and the median price for the whole state is .
The appreciation rate for houses in Athens County during the most recent ten-year period was annually. The annual growth rate in the state averaged . Nationally, the yearly appreciation rate for homes averaged .
When you estimate the property rental market in Athens County you’ll find a gross median rent of , in comparison with the state median of , and the median gross rent nationally of .
Athens County Real Estate Investing Highlights
Athens County Top Highlights
https://housecashin.com/investing-guides/investing-athens-county-oh/#top_highlights_3
Strategies
Strategy Selection
When you are examining a new site for possible real estate investment projects, do not forget the kind of investment strategy that you pursue.
The following are comprehensive guidelines on which information you need to study based on your investing type. This will enable you to analyze the details furnished further on this web page, based on your intended program and the relevant set of factors.
All investing professionals should review the most critical location factors. Convenient connection to the community and your selected submarket, public safety, dependable air transportation, etc. When you delve into the details of the community, you need to focus on the categories that are critical to your particular real property investment.
Real estate investors who purchase vacation rental units try to see places of interest that bring their desired renters to the market. Fix and Flip investors want to realize how promptly they can unload their renovated real estate by viewing the average Days on Market (DOM). They need to know if they will manage their spendings by unloading their renovated houses fast enough.
Long-term property investors hunt for clues to the durability of the local employment market. The employment rate, new jobs creation pace, and diversity of industries will illustrate if they can predict a steady stream of tenants in the location.
If you cannot set your mind on an investment plan to employ, consider using the knowledge of the best real estate investor mentors in Athens County OH. Another useful idea is to take part in one of Athens County top real estate investment groups and be present for Athens County property investment workshops and meetups to learn from various investors.
Here are the distinct real property investment techniques and the way the investors research a possible real estate investment site.
Active Real Estate Investment Strategies
Buy and Hold
If a real estate investor buys a property with the idea of retaining it for a long time, that is a Buy and Hold plan. During that period the investment property is used to produce recurring cash flow which increases the owner’s profit.
When the property has grown in value, it can be unloaded at a later time if market conditions change or the investor’s approach requires a reallocation of the assets.
A broker who is ranked with the top Athens County investor-friendly realtors can offer a complete examination of the area in which you’ve decided to invest. Our instructions will list the items that you ought to incorporate into your venture plan.
Factors to Consider
Property Appreciation Rate
This indicator is important to your investment market selection. You are seeking stable property value increases each year. This will let you accomplish your main target — unloading the investment property for a bigger price. Stagnant or falling investment property market values will erase the principal segment of a Buy and Hold investor’s plan.
Population Growth
A market that doesn’t have energetic population growth will not make sufficient tenants or homebuyers to reinforce your investment strategy. This is a forerunner to lower lease prices and property values. People move to find better job possibilities, superior schools, and comfortable neighborhoods. You need to avoid such markets. Much like real property appreciation rates, you want to see reliable annual population increases. Expanding locations are where you will locate increasing real property values and strong rental rates.
Property Taxes
Property tax rates greatly influence a Buy and Hold investor’s returns. Communities with high property tax rates must be declined. Property rates usually don’t get reduced. High property taxes reveal a dwindling economy that is unlikely to keep its current citizens or appeal to additional ones.
It appears, however, that a specific real property is mistakenly overestimated by the county tax assessors. If this circumstance happens, a company from the list of Athens County property tax consultants will bring the circumstances to the municipality for review and a potential tax valuation reduction. However detailed situations involving litigation need the experience of Athens County real estate tax lawyers.
Price to rent ratio
The price to rent ratio (p/r) is the median real estate price divided by the yearly median gross rent. A location with low lease prices will have a high p/r. The higher rent you can collect, the more quickly you can pay back your investment funds. You do not want a p/r that is so low it makes purchasing a residence better than leasing one. If tenants are converted into buyers, you may get left with vacant rental properties. But ordinarily, a smaller p/r is preferred over a higher one.
Median Gross Rent
This is a benchmark employed by landlords to discover dependable rental markets. The community’s recorded statistics should demonstrate a median gross rent that steadily grows.
Median Population Age
Population’s median age will show if the market has a strong labor pool which reveals more potential tenants. You need to see a median age that is approximately the middle of the age of working adults. An aging population can become a drain on community resources. An older populace can culminate in more property taxes.
Employment Industry Diversity
When you’re a long-term investor, you can’t accept to risk your asset in a market with several major employers. Variety in the total number and varieties of business categories is preferred. Diversity keeps a decline or disruption in business activity for one business category from hurting other business categories in the market. When most of your renters have the same company your rental income is built on, you’re in a defenseless condition.
Unemployment Rate
A steep unemployment rate demonstrates that not many individuals have the money to lease or purchase your investment property. This means the possibility of an unreliable revenue stream from those tenants already in place. High unemployment has an expanding impact across a community causing shrinking transactions for other companies and lower earnings for many jobholders. Companies and people who are considering transferring will search in other places and the area’s economy will deteriorate.
Income Levels
Income levels will provide an honest view of the community’s capacity to uphold your investment plan. Your assessment of the location, and its specific portions most suitable for investing, needs to incorporate an appraisal of median household and per capita income. Acceptable rent standards and intermittent rent increases will require a site where salaries are expanding.
Number of New Jobs Created
The amount of new jobs appearing on a regular basis enables you to predict an area’s future financial picture. New jobs are a source of your renters. Additional jobs provide new renters to replace departing renters and to fill new rental investment properties. A supply of jobs will make a city more enticing for settling and purchasing a home there. This fuels a vibrant real property marketplace that will increase your properties’ values by the time you want to liquidate.
School Ratings
School quality is a vital factor. Relocating companies look closely at the quality of schools. Good schools also impact a household’s determination to stay and can entice others from other areas. This can either increase or reduce the pool of your possible tenants and can change both the short- and long-term value of investment assets.
Natural Disasters
With the principal plan of unloading your investment after its appreciation, its material status is of primary interest. Accordingly, endeavor to dodge areas that are frequently hurt by natural disasters. Nevertheless, you will always need to protect your property against calamities typical for the majority of the states, such as earth tremors.
To cover real estate loss caused by renters, look for assistance in the list of the best Athens County landlord insurance providers.
Long Term Rental (BRRRR)
The term BRRRR is an illustration of a long-term rental plan — Buy, Rehab, Rent, Refinance, Repeat. This is a strategy to grow your investment assets not just acquire a single rental home. It is essential that you be able to obtain a “cash-out” mortgage refinance for the strategy to be successful.
The After Repair Value (ARV) of the house has to total more than the complete buying and rehab expenses. Next, you pocket the equity you produced out of the asset in a “cash-out” mortgage refinance. This cash is put into the next investment asset, and so on. You add improving investment assets to your balance sheet and lease revenue to your cash flow.
After you have accumulated a considerable portfolio of income generating properties, you might decide to find others to oversee all rental business while you enjoy mailbox income. Discover the best real estate management companies in Athens County OH by looking through our list.
Factors to Consider
Population Growth
Population increase or shrinking shows you if you can expect good returns from long-term real estate investments. A booming population typically demonstrates busy relocation which equals additional tenants. Relocating employers are drawn to growing markets giving job security to families who move there. Growing populations create a reliable tenant reserve that can keep up with rent raises and homebuyers who assist in keeping your property values up.
Property Taxes
Real estate taxes, just like insurance and maintenance costs, may be different from place to place and must be looked at carefully when assessing potential profits. Investment homes located in unreasonable property tax areas will have less desirable returns. Regions with unreasonable property taxes aren’t considered a dependable setting for short- and long-term investment and should be avoided.
Price to Rent Ratio
The price to rent ratio (p/r) is a clue to what amount of rent can be charged compared to the purchase price of the investment property. How much you can demand in a community will define the sum you are willing to pay based on the time it will take to recoup those costs. The lower rent you can collect the higher the p/r, with a low p/r showing a more profitable rent market.
Median Gross Rents
Median gross rents are a significant indicator of the vitality of a rental market. You are trying to discover a market with stable median rent expansion. You will not be able to realize your investment targets in a region where median gross rental rates are being reduced.
Median Population Age
Median population age in a strong long-term investment environment must reflect the typical worker’s age. You will find this to be accurate in regions where workers are relocating. If you find a high median age, your stream of tenants is shrinking. A vibrant economy can’t be sustained by retired professionals.
Employment Base Diversity
A diversified employment base is something an intelligent long-term investor landlord will hunt for. When people are concentrated in a few major companies, even a little issue in their business might cause you to lose a great deal of renters and increase your risk tremendously.
Unemployment Rate
It is hard to maintain a secure rental market if there are many unemployed residents in it. People who don’t have a job can’t pay for products or services. The remaining people may discover their own wages cut. Even tenants who are employed may find it challenging to stay current with their rent.
Income Rates
Median household and per capita income stats help you to see if enough ideal renters live in that market. Your investment budget will take into consideration rental charge and investment real estate appreciation, which will rely on income augmentation in the region.
Number of New Jobs Created
The reliable economy that you are looking for will be producing plenty of jobs on a consistent basis. An economy that generates jobs also boosts the number of people who participate in the real estate market. This allows you to acquire more rental assets and fill current vacant units.
School Ratings
The quality of school districts has a strong impact on property market worth across the community. When a business looks at an area for potential relocation, they know that quality education is a prerequisite for their employees. Dependable tenants are a consequence of a robust job market. Housing values benefit thanks to new employees who are buying homes. You will not run into a dynamically soaring housing market without good schools.
Property Appreciation Rates
The basis of a long-term investment strategy is to keep the asset. Investing in real estate that you aim to keep without being positive that they will appreciate in price is a formula for disaster. Inferior or dropping property worth in an area under assessment is inadmissible.
Short Term Rentals
A short-term rental is a furnished apartment or house where a renter lives for shorter than 30 days. Long-term rentals, such as apartments, impose lower rent a night than short-term rentals. With tenants not staying long, short-term rental units have to be maintained and cleaned on a constant basis.
Home sellers standing by to relocate into a new residence, vacationers, and business travelers who are staying in the community for about week prefer to rent apartments short term. House sharing portals such as AirBnB and VRBO have opened doors to countless real estate owners to take part in the short-term rental business. Short-term rentals are regarded as a good way to begin investing in real estate.
Short-term rental properties involve engaging with occupants more frequently than long-term rental units. This leads to the investor being required to regularly manage grievances. Consider handling your liability with the help of any of the good real estate lawyers in Athens County OH.
Factors to Consider
Short-Term Rental Income
Initially, figure out how much rental revenue you must earn to achieve your projected profits. An area’s short-term rental income rates will promptly reveal to you when you can look forward to achieve your projected income range.
Median Property Prices
You also must know the amount you can manage to invest. Hunt for cities where the purchase price you prefer is appropriate for the current median property worth. You can also use median values in localized neighborhoods within the market to select communities for investment.
Price Per Square Foot
Price per square foot provides a general picture of market values when estimating comparable real estate. If you are analyzing the same kinds of property, like condos or individual single-family residences, the price per square foot is more consistent. You can use the price per square foot metric to see a good broad picture of real estate values.
Short-Term Rental Occupancy Rate
The necessity for new rental properties in a community can be determined by examining the short-term rental occupancy level. A location that necessitates new rental units will have a high occupancy level. When the rental occupancy indicators are low, there isn’t much demand in the market and you should look in a different place.
Short-Term Rental Cash-on-Cash Return
Cash-on-cash return is a way to determine the value of an investment venture. Divide the Net Operating Income (NOI) by the total amount of cash used. The percentage you get is your cash-on-cash return. The higher the percentage, the more quickly your investment funds will be repaid and you’ll start generating profits. When you get financing for a fraction of the investment and spend less of your own funds, you will receive a higher cash-on-cash return.
Average Short-Term Rental Capitalization (Cap) Rates
This metric compares rental property worth to its annual income. Typically, the less money a property costs (or is worth), the higher the cap rate will be. If investment real estate properties in an area have low cap rates, they usually will cost too much. You can get the cap rate for possible investment property by dividing the Net Operating Income (NOI) by the market worth or asking price of the investment property. The answer is the per-annum return in a percentage.
Local Attractions
Short-term renters are commonly travellers who come to a community to attend a recurrent significant activity or visit places of interest. When an area has places that periodically produce interesting events, such as sports arenas, universities or colleges, entertainment halls, and adventure parks, it can invite people from outside the area on a recurring basis. Famous vacation attractions are situated in mountain and beach areas, near rivers, and national or state parks.
Fix and Flip
To fix and flip a home, you have to get it for less than market worth, conduct any necessary repairs and upgrades, then sell it for higher market price. The keys to a profitable investment are to pay a lower price for real estate than its existing market value and to correctly analyze the cost to make it saleable.
Explore the prices so that you know the actual After Repair Value (ARV). You always want to investigate how long it takes for listings to close, which is determined by the Days on Market (DOM) indicator. To successfully “flip” real estate, you have to dispose of the repaired house before you have to put out funds maintaining it.
To help distressed property sellers locate you, list your business in our catalogues of companies that buy homes for cash in Athens County OH and property investment companies in Athens County OH.
In addition, work with Athens County real estate bird dogs. These professionals concentrate on skillfully uncovering profitable investment prospects before they are listed on the market.
Factors to Consider
Median Home Price
The market’s median housing price should help you locate a good neighborhood for flipping houses. If values are high, there may not be a good reserve of run down homes in the area. You have to have lower-priced houses for a lucrative fix and flip.
If your review shows a sudden weakening in home market worth, it might be a sign that you will discover real property that meets the short sale requirements. You will be notified concerning these opportunities by joining with short sale processing companies in Athens County OH. Discover how this is done by reviewing our guide — What Does Buying a Short Sale Home Mean?.
Property Appreciation Rate
The changes in real property prices in a community are critical. You need a region where real estate values are regularly and consistently ascending. Speedy market worth growth could reflect a value bubble that is not sustainable. When you are buying and selling quickly, an unstable environment can harm your venture.
Average Renovation Costs
A careful review of the region’s building costs will make a significant impact on your market choice. The way that the municipality goes about approving your plans will have an effect on your investment too. To create a detailed budget, you will have to understand if your construction plans will have to involve an architect or engineer.
Population Growth
Population growth metrics allow you to take a look at housing need in the region. Flat or negative population growth is a sign of a sluggish environment with not enough buyers to justify your investment.
Median Population Age
The median residents’ age is a variable that you may not have taken into consideration. It shouldn’t be lower or more than the age of the average worker. Individuals in the local workforce are the most reliable real estate purchasers. Older individuals are preparing to downsize, or move into senior-citizen or assisted living neighborhoods.
Unemployment Rate
When assessing a location for investment, look for low unemployment rates. It should certainly be lower than the country’s average. If it is also less than the state average, it’s much more preferable. Jobless people cannot buy your real estate.
Income Rates
Median household and per capita income levels tell you whether you will see qualified buyers in that place for your residential properties. Most homebuyers have to borrow money to buy real estate. To qualify for a home loan, a home buyer should not spend for housing greater than a particular percentage of their salary. You can figure out based on the region’s median income if a good supply of individuals in the community can manage to purchase your houses. Particularly, income growth is crucial if you are looking to scale your business. Building costs and home purchase prices rise periodically, and you need to be sure that your potential purchasers’ salaries will also climb up.
Number of New Jobs Created
The number of jobs created on a consistent basis shows whether income and population growth are viable. A growing job market communicates that more prospective home buyers are amenable to buying a home there. With a higher number of jobs generated, new potential home purchasers also move to the city from other places.
Hard Money Loan Rates
Real estate investors who flip upgraded real estate regularly employ hard money financing in place of regular loans. This strategy enables investors make desirable ventures without hindrance. Discover the best hard money lenders in Athens County OH so you can review their charges.
If you are inexperienced with this financing vehicle, discover more by using our guide — How Does a Hard Money Loan Work in Real Estate?.
Wholesaling
As a real estate wholesaler, you sign a contract to purchase a property that other real estate investors might want. An investor then “buys” the purchase contract from you. The owner sells the property to the real estate investor instead of the wholesaler. You are selling the rights to the purchase contract, not the house itself.
Wholesaling relies on the involvement of a title insurance firm that’s okay with assigned contracts and comprehends how to deal with a double closing. Hunt for wholesale friendly title companies in Athens County OH that we collected for you.
Our extensive guide to wholesaling can be found here: A-to-Z Guide to Property Wholesaling. When you opt for wholesaling, include your investment company on our list of the best investment property wholesalers in Athens County OH. This will help your possible investor customers locate and reach you.
Factors to Consider
Median Home Prices
Median home values in the market under review will quickly notify you if your real estate investors’ preferred properties are situated there. Low median purchase prices are a valid indication that there are plenty of residential properties that can be bought below market price, which real estate investors prefer to have.
Accelerated deterioration in real property prices could result in a number of real estate with no equity that appeal to short sale flippers. This investment strategy regularly brings numerous uncommon advantages. Nonetheless, be aware of the legal liability. Find out more about wholesaling short sale properties from our exhaustive guide. When you determine to give it a go, make sure you employ one of short sale legal advice experts in Athens County OH and mortgage foreclosure lawyers in Athens County OH to work with.
Property Appreciation Rate
Median home price trends are also vital. Many real estate investors, including buy and hold and long-term rental landlords, notably want to see that residential property market values in the community are growing consistently. Shrinking values indicate an unequivocally poor rental and housing market and will dismay real estate investors.
Population Growth
Population growth information is a contributing factor that your potential investors will be knowledgeable in. When the population is growing, additional housing is required. There are many individuals who rent and additional clients who buy homes. If a place is shrinking in population, it doesn’t necessitate new residential units and investors will not invest there.
Median Population Age
A strong housing market requires residents who start off leasing, then moving into homeownership, and then moving up in the housing market. This needs a vibrant, reliable workforce of residents who are optimistic enough to buy up in the real estate market. That is why the area’s median age needs to be the age of skilled workers in the workplace.
Income Rates
The median household and per capita income in a good real estate investment market have to be increasing. If tenants’ and homebuyers’ incomes are getting bigger, they can absorb soaring rental rates and home prices. That will be vital to the property investors you want to attract.
Unemployment Rate
The city’s unemployment numbers are a critical factor for any potential contract purchaser. High unemployment rate causes more tenants to make late rent payments or miss payments completely. This upsets long-term real estate investors who plan to rent their residential property. Real estate investors can’t rely on renters moving up into their homes if unemployment rates are high. Short-term investors will not take a chance on getting pinned down with real estate they can’t resell without delay.
Number of New Jobs Created
Learning how often fresh jobs are created in the region can help you see if the home is positioned in a stable housing market. More jobs appearing draw an abundance of employees who need properties to rent and buy. Long-term investors, such as landlords, and short-term investors that include flippers, are drawn to markets with good job appearance rates.
Average Renovation Costs
An imperative variable for your client real estate investors, especially fix and flippers, are rehabilitation costs in the area. Short-term investors, like house flippers, don’t earn anything if the price and the improvement expenses total to more money than the After Repair Value (ARV) of the home. The less expensive it is to rehab a house, the more lucrative the location is for your future purchase agreement buyers.
Mortgage Note Investing
Purchasing mortgage notes (loans) pays off when the mortgage note can be obtained for a lower amount than the face value. By doing this, the investor becomes the mortgage lender to the first lender’s client.
Performing notes mean loans where the borrower is consistently current on their loan payments. Performing loans give you monthly passive income. Some investors look for non-performing notes because when he or she can’t satisfactorily rework the mortgage, they can always acquire the collateral property at foreclosure for a below market amount.
Someday, you might accrue a group of mortgage note investments and be unable to handle them by yourself. At that point, you may want to utilize our directory of Athens County top loan servicers and reclassify your notes as passive investments.
Should you decide to use this plan, affix your venture to our list of mortgage note buying companies in Athens County OH. When you do this, you will be noticed by the lenders who market desirable investment notes for procurement by investors like you.
Factors to consider
Foreclosure Rates
Note investors looking for valuable mortgage loans to buy will hope to see low foreclosure rates in the region. High rates might signal investment possibilities for non-performing mortgage note investors, however they need to be careful. If high foreclosure rates are causing a weak real estate market, it may be tough to liquidate the collateral property if you seize it through foreclosure.
Foreclosure Laws
Investors are expected to know the state’s laws concerning foreclosure before investing in mortgage notes. Some states require mortgage documents and some use Deeds of Trust. A mortgage requires that you go to court for authority to foreclose. A Deed of Trust permits the lender to file a notice and proceed to foreclosure.
Mortgage Interest Rates
Note investors take over the interest rate of the loan notes that they buy. This is a major element in the profits that you earn. No matter which kind of investor you are, the note’s interest rate will be important to your predictions.
Traditional interest rates can differ by up to a quarter of a percent around the country. Private loan rates can be slightly more than traditional mortgage rates due to the larger risk taken on by private lenders.
Successful note investors routinely review the mortgage interest rates in their market set by private and traditional mortgage firms.
Demographics
A region’s demographics stats allow note investors to focus their efforts and appropriately distribute their assets. Mortgage note investors can learn a lot by studying the extent of the population, how many residents have jobs, what they make, and how old the residents are.
Investors who invest in performing mortgage notes search for areas where a high percentage of younger residents have higher-income jobs.
Non-performing note purchasers are looking at similar elements for other reasons. A strong local economy is required if they are to reach homebuyers for collateral properties they’ve foreclosed on.
Property Values
Note holders like to see as much home equity in the collateral as possible. If the value isn’t significantly higher than the loan balance, and the mortgage lender decides to foreclose, the house might not realize enough to payoff the loan. The combination of mortgage loan payments that lessen the loan balance and annual property market worth growth raises home equity.
Property Taxes
Most often, mortgage lenders accept the property taxes from the borrower each month. When the taxes are due, there needs to be enough money in escrow to pay them. If mortgage loan payments aren’t being made, the mortgage lender will have to choose between paying the taxes themselves, or the property taxes become past due. If a tax lien is filed, the lien takes precedence over the lender’s loan.
If a market has a record of growing tax rates, the combined home payments in that municipality are steadily expanding. This makes it tough for financially challenged borrowers to make their payments, and the mortgage loan could become past due.
Real Estate Market Strength
Both performing and non-performing mortgage note investors can be profitable in a good real estate environment. As foreclosure is a critical element of mortgage note investment strategy, increasing real estate values are important to finding a profitable investment market.
Mortgage note investors also have an opportunity to create mortgage loans directly to homebuyers in strong real estate regions. This is a profitable stream of income for experienced investors.
Passive Real Estate Investment Strategies
Syndications
In real estate, a syndication is a company of investors who pool their money and experience to purchase real estate properties for investment. The syndication is structured by a person who enlists other people to participate in the venture.
The partner who develops the Syndication is referred to as the Sponsor or the Syndicator. The syndicator is responsible for supervising the purchase or development and creating income. They are also in charge of disbursing the actual profits to the remaining investors.
The rest of the shareholders in a syndication invest passively. In return for their money, they get a superior status when income is shared. But only the manager(s) of the syndicate can handle the operation of the partnership.
Factors to consider
Real Estate Market
Selecting the type of region you need for a successful syndication investment will require you to know the preferred strategy the syndication project will be operated by. To know more concerning local market-related factors significant for different investment approaches, review the earlier sections of our webpage discussing the active real estate investment strategies.
Sponsor/Syndicator
Because passive Syndication investors rely on the Sponsor to supervise everything, they ought to research the Syndicator’s reliability rigorously. They ought to be a knowledgeable real estate investing professional.
The sponsor may not have own capital in the syndication. Certain investors only prefer syndications in which the Sponsor additionally invests. The Sponsor is supplying their availability and expertise to make the venture profitable. Depending on the specifics, a Syndicator’s payment might involve ownership as well as an upfront payment.
Ownership Interest
Each partner owns a piece of the company. You should search for syndications where the members injecting money are given a greater percentage of ownership than participants who are not investing.
As a cash investor, you should also intend to be given a preferred return on your capital before profits are split. Preferred return is a portion of the funds invested that is distributed to capital investors from net revenues. Profits over and above that figure are distributed among all the owners based on the amount of their ownership.
When the property is finally liquidated, the partners receive an agreed percentage of any sale proceeds. Combining this to the regular income from an income generating property significantly improves a participant’s returns. The company’s operating agreement describes the ownership framework and the way partners are dealt with financially.
REITs
A REIT, or Real Estate Investment Trust, means a company that makes investments in income-producing assets. REITs were created to allow average investors to invest in real estate. Shares in REITs are economical for the majority of people.
REIT investing is classified as passive investing. The risk that the investors are taking is spread among a selection of investment properties. Shareholders have the capability to sell their shares at any time. But REIT investors don’t have the ability to select individual real estate properties or markets. The properties that the REIT selects to buy are the assets your funds are used to buy.
Real Estate Investment Funds
A Real Estate Investment Fund is a mutual fund that possesses stocks of real estate companies. Any actual property is owned by the real estate businesses, not the fund. These funds make it doable for more people to invest in real estate. Whereas REITs must disburse dividends to its shareholders, funds do not. As with any stock, investment funds’ values increase and drop with their share price.
You can locate a fund that focuses on a specific type of real estate business, like multifamily, but you cannot choose the fund’s investment real estate properties or markets. Your choice as an investor is to pick a fund that you believe in to manage your real estate investments.
Housing
Athens County Housing 2024
In Athens County, the median home value is , at the same time the state median is , and the United States’ median market worth is .
The year-to-year home value appreciation tempo has averaged during the last ten years. In the entire state, the average annual value growth percentage within that period has been . Nationally, the annual value growth rate has averaged .
In the rental market, the median gross rent in Athens County is . The entire state’s median is , and the median gross rent in the US is .
The rate of people owning their home in Athens County is . The statewide homeownership percentage is presently of the population, while nationally, the rate of homeownership is .
of rental properties in Athens County are tenanted. The statewide tenant occupancy rate is . The same rate in the country overall is .
The occupied rate for housing units of all sorts in Athens County is , with an equivalent vacancy rate of .
Real Estate Trends
Athens County Home Appreciation Rates
https://housecashin.com/investing-guides/investing-athens-county-oh/#home_appreciation_rates_10
Athens County Home Value
https://housecashin.com/investing-guides/investing-athens-county-oh/#home_value_10
Athens County Median Home Value
https://housecashin.com/investing-guides/investing-athens-county-oh/#median_home_value_10
Athens County Median Gross Rent
https://housecashin.com/investing-guides/investing-athens-county-oh/#median_gross_rent_10
Athens County Price To Rent Ratio Over Time
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Athens County Home Ownership
Athens County Rent & Ownership
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Athens County Rent Vs Owner Occupied By Household Type
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Athens County Occupied & Vacant Number Of Homes And Apartments
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Athens County Household Type
https://housecashin.com/investing-guides/investing-athens-county-oh/#household_type_11
Athens County Property Types
Athens County Age Of Homes
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Athens County Types Of Homes
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Athens County Homes Size
https://housecashin.com/investing-guides/investing-athens-county-oh/#homes_size_12
Marketplace
Athens County Investment Property Marketplace
If you are looking to invest in Athens County real estate, our Investment Property Marketplace can become your indispensable tool in your investing business. To help you easily find the best off-market deals in the Athens County area, we created a nationwide investor-friendly online platform. Use it to shop for lucrative off-market properties for sale according to your specific buying criteria.
Unlike other real estate listing websites, our marketplace’s interface is particularly designed for investors. Besides the purchase price, you can see other, essential to investors, key indicators such as: rehab costs and ARV, potential profit, FSBO, or realtor-assisted deal, and others. To get started, visit our marketplace and search for Athens County investment properties for sale.
Athens County Investment Properties for Sale
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Financing
Athens County Real Estate Investing Financing
If you are looking for a loan to finance investment property purchase, rehab or ground up construction in Athens County OH, easily get quotes from multiple lenders at once and compare rates.
Fill out our quick online real estate financing application form to receive multiple quotes for your preferred type of loan from our preferred Athens County private and hard money lenders.
Athens County Investment Property Loan Types
- Rehab Loans
- Fix and Flip Loans
- Bridge Loans
- Asset Based Loans
- Cash Out/Refinance Loans
- Transactional Funding
- Transactional Hard Money Loans
- Private Money Loans
- New Construction Loans
Population
Athens County Population Trends
The total population of Athens County is .
Throughout the previous ten years, the population growth rate of Athens County was listed at . In that same period, the state had a growth rate of . The United States’ growth rate during the same period was .
The average yearly population growth rate for Athens County was , and the state’s average was . The country’s average population growth rate throughout that same decade was .
is the median age of the residents of Athens County.
Athens County Population Over Time
https://housecashin.com/investing-guides/investing-athens-county-oh/#population_over_time_24
Athens County Population By Year
https://housecashin.com/investing-guides/investing-athens-county-oh/#population_by_year_24
Athens County Population By Age And Sex
https://housecashin.com/investing-guides/investing-athens-county-oh/#population_by_age_and_sex_24
Economy
Athens County Economy 2024
In Athens County, the median household income is . The median income for all households in the state is , compared to the country’s level which is .
This averages out to a per capita income of in Athens County, and for the state. Per capita income in the country is registered at .
Salaries in Athens County average , next to throughout the state, and in the country.
Athens County has an unemployment average of , while the state shows the rate of unemployment at and the nationwide rate at .
The economic description of Athens County integrates a general poverty rate of . The general poverty rate for the state is , and the country’s figure stands at .
Athens County Residents’ Income
Athens County Median Household Income
https://housecashin.com/investing-guides/investing-athens-county-oh/#median_household_income_27
Athens County Per Capita Income
https://housecashin.com/investing-guides/investing-athens-county-oh/#per_capita_income_27
Athens County Income Distribution
https://housecashin.com/investing-guides/investing-athens-county-oh/#income_distribution_27
Athens County Poverty Over Time
https://housecashin.com/investing-guides/investing-athens-county-oh/#poverty_over_time_27
Athens County Property Price To Income Ratio Over Time
https://housecashin.com/investing-guides/investing-athens-county-oh/#property_price_to_income_ratio_over_time_27
Athens County Job Market
Athens County Employment Industries (Top 10)
https://housecashin.com/investing-guides/investing-athens-county-oh/#employment_industries_(top_10)_28
Athens County Unemployment Rate
https://housecashin.com/investing-guides/investing-athens-county-oh/#unemployment_rate_28
Athens County Employment Distribution By Age
https://housecashin.com/investing-guides/investing-athens-county-oh/#employment_distribution_by_age_28
Athens County Average Salary Over Time
https://housecashin.com/investing-guides/investing-athens-county-oh/#average_salary_over_time_28
Athens County Employment Rate Over Time
https://housecashin.com/investing-guides/investing-athens-county-oh/#employment_rate_over_time_28
Athens County Employed Population Over Time
https://housecashin.com/investing-guides/investing-athens-county-oh/#employed_population_over_time_28
Schools
Athens County School Ratings
The schools in Athens County have a K-12 curriculum, and are composed of primary schools, middle schools, and high schools.
of public school students in Athens County graduate from high school.
Athens County School Ratings
https://housecashin.com/investing-guides/investing-athens-county-oh/#school_ratings_31