How to narrow down specific investment areas

How to narrow down specific investment areas

Member since 2022 · 1 post · 1 vote

Hi BP community, relatively new to BP and am getting used to using the tools for analysis (in this case looking at long term rentals). While the tool is great, just curious if there are recommendations for easier ways to hone in on particular areas within a chosen city rather than cranking the numbers out one by one. It would be great to have a data dump on rent prices and sale prices to narrow down the specific areas (county/neighborhoods/zips) that are more likely to have homes that could generate positive cash flow, but not sure such data is available. Any recommendations on how to narrow things down to smaller areas?  

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  • Lee RipmaPro Member
    Rental Property Investor · Prairie Village, KS · Member since 2015 · 2k+ posts · 2k+ votes
    4y

    Vestmap.com has a tool called zipfinder that does exactly this. You can filter by all zip codes in the US against your investing criteria. Paid, but well worth it. 

  • Joshua JanusBusiness Member
    Realtor · Cleveland, OH · Member since 2021 · 1k+ posts · 1k+ votes
    4y

    Zillow has an appreciation and home value page by zip code and shows the performance of the area during the last year. 

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