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 | 1,521 | $233,990 | 6.59 | 1.61 | 103 |
| 2 | Houma, LA | 1,446 | $250,000 | 6.53 | 1.11 | 115 |
| 3 | Muncie, IN | 1,203 | $159,000 | 6.44 | 9.92 | 73 |
| 4 | Detroit, MI | 4,958 | $150,000 | 6.30 | 8.23 | 73 |
| 5 | Lafayette, LA | 3,173 | $250,000 | 6.09 | 3.56 | 87 |
| 6 | Huntington, WV | 1,483 | $199,500 | 5.93 | 7.07 | 86 |
| 7 | Beaumont, TX | 1,704 | $249,900 | 5.80 | 4.12 | 81 |
| 8 | Shreveport, LA | 2,098 | $252,500 | 5.80 | 4.07 | 96 |
| 9 | Hammond, LA | 1,232 | $270,000 | 5.79 | 3.96 | 81 |
| 10 | Sebring, FL | 1,964 | $240,000 | 5.64 | 7.93 | 87 |
| 11 | Gary, IN | 4,118 | $279,900 | 5.57 | 7.30 | 65 |
| 12 | Jackson, MS | 2,060 | $299,900 | 5.56 | 6.16 | 93 |
| 13 | Baton Rouge, LA | 3,770 | $294,900 | 5.56 | 5.66 | 84 |
| 14 | Jonesboro, AR | 1,249 | $229,900 | 5.52 | 6.25 | 84 |
| 15 | Baltimore, MD | 3,360 | $260,000 | 5.50 | 5.92 | 61 |
| 16 | Cape Girardeau, MO | 1,118 | $189,700 | 5.49 | 6.06 | 58 |
| 17 | Peoria, IL | 1,147 | $165,000 | 5.49 | 8.28 | 72 |
| 18 | Montgomery, AL | 1,699 | $309,000 | 5.49 | 6.62 | 69 |
| 19 | Columbia, SC | 3,273 | $289,900 | 5.44 | 7.44 | 59 |
| 20 | Dothan, AL | 1,679 | $274,900 | 5.44 | 7.25 | 87 |
| 21 | New Orleans, LA | 4,517 | $305,000 | 5.40 | 2.28 | 96 |
| 22 | Slidell, LA | 1,550 | $299,900 | 5.37 | 2.53 | 80 |
| 23 | Altoona, PA | 1,447 | $175,000 | 5.34 | 5.04 | 93 |
| 24 | Macon, GA | 2,339 | $274,500 | 5.32 | 8.07 | 73 |
| 25 | Memphis, TN | 3,024 | $215,000 | 5.29 | 6.16 | 78 |
| 26 | Morgantown, WV | 1,068 | $231,000 | 5.29 | 5.12 | 100 |
| 27 | Gulfport, MS | 2,340 | $313,990 | 5.23 | 6.08 | 78 |
| 28 | Binghamton, NY | 1,205 | $219,000 | 5.20 | 7.01 | 84 |
| 29 | Joplin, MO | 1,408 | $229,000 | 5.17 | 7.84 | 77 |
| 30 | Gadsden, AL | 2,150 | $265,000 | 5.17 | 6.44 | 88 |
| 31 | Evansville, IN | 2,188 | $276,700 | 5.16 | 7.50 | 73 |
| 32 | Birmingham, AL | 7,499 | $289,900 | 5.14 | 5.47 | 68 |
| 33 | Richmond Hill, GA | 1,211 | $320,000 | 5.12 | 8.35 | 66 |
| 34 | Mobile, AL | 2,706 | $310,868 | 5.11 | 6.02 | 76 |
| 35 | Little Rock, AR | 3,217 | $260,000 | 5.11 | 6.29 | 64 |
| 36 | Venice, FL | 4,307 | $374,900 | 5.07 | 4.90 | 81 |
| 37 | Youngstown, OH | 2,129 | $189,900 | 5.06 | 7.72 | 79 |
| 38 | Riverdale, GA | 1,190 | $265,000 | 5.04 | 6.32 | 67 |
| 39 | Fort Wayne, IN | 1,942 | $282,150 | 5.03 | 8.20 | 69 |
| 40 | Auburn, AL | 3,630 | $334,450 | 5.02 | 7.03 | 61 |
| 41 | Winter Haven, FL | 4,445 | $299,000 | 5.00 | 5.90 | 86 |
| 42 | Toledo, OH | 1,912 | $219,900 | 4.98 | 7.11 | 61 |
| 43 | Flint, MI | 2,128 | $214,900 | 4.96 | 7.54 | 76 |
| 44 | Boiling Springs, SC | 2,957 | $314,900 | 4.95 | 7.25 | 69 |
| 45 | Aiken, SC | 2,225 | $300,000 | 4.95 | 6.64 | 72 |
| 46 | Tuscaloosa, AL | 1,485 | $307,400 | 4.92 | 4.75 | 60 |
| 47 | Crestview, FL | 1,313 | $319,900 | 4.90 | 5.55 | 86 |
| 48 | Jackson, TN | 1,586 | $259,900 | 4.87 | 7.27 | 104 |
| 49 | Mansfield, OH | 1,064 | $238,000 | 4.84 | 8.16 | 69 |
| 50 | Brooksville, FL | 1,896 | $329,900 | 4.84 | 6.21 | 89 |
| 51 | South Bend, IN | 2,278 | $326,950 | 4.83 | 8.01 | 74 |
| 52 | Summerfield, FL | 1,567 | $289,000 | 4.83 | 6.04 | 80 |
| 53 | Dunnellon, FL | 2,692 | $291,285 | 4.83 | 6.31 | 88 |
| 54 | Syracuse, NY | 1,350 | $229,900 | 4.81 | 7.78 | 81 |
| 55 | Davenport, IA | 1,128 | $190,000 | 4.80 | 5.61 | 47 |
| 56 | Parrish, FL | 3,018 | $388,900 | 4.80 | 4.93 | 71 |
| 57 | Rocky Mount, NC | 1,680 | $280,745 | 4.80 | 7.46 | 88 |
| 58 | Florence, AL | 1,471 | $299,000 | 4.79 | 7.09 | 98 |
| 59 | Pueblo, CO | 1,387 | $320,000 | 4.77 | 4.71 | 78 |
| 60 | Lakeland, FL | 4,151 | $319,000 | 4.77 | 5.69 | 85 |
| 61 | Leesburg, FL | 3,319 | $335,000 | 4.76 | 5.80 | 75 |
| 62 | Somerset, KY | 1,174 | $259,000 | 4.76 | 5.08 | 104 |
| 63 | Lansing, MI | 1,585 | $239,900 | 4.75 | 6.82 | 66 |
| 64 | Zanesville, OH | 1,404 | $261,400 | 4.74 | 6.38 | 76 |
| 65 | Pensacola, FL | 2,580 | $335,000 | 4.74 | 6.01 | 74 |
| 66 | Ocala, FL | 3,830 | $296,990 | 4.72 | 5.96 | 92 |
| 67 | Bloomington, IN | 1,272 | $288,950 | 4.70 | 7.09 | 90 |
| 68 | Guthrie, OK | 1,193 | $325,000 | 4.70 | 6.00 | 71 |
| 69 | Amarillo, TX | 1,478 | $284,375 | 4.69 | 5.97 | 63 |
| 70 | Lithonia, GA | 2,486 | $300,000 | 4.68 | 5.96 | 67 |
| 71 | Midland, TX | 1,623 | $335,000 | 4.67 | 4.02 | 69 |
| 72 | Calera, AL | 1,843 | $329,900 | 4.65 | 5.11 | 74 |
| 73 | Indianapolis, IN | 3,407 | $299,000 | 4.64 | 6.97 | 72 |
| 74 | Tallahassee, FL | 1,853 | $315,000 | 4.64 | 5.52 | 73 |
| 75 | Hardeeville, SC | 1,114 | $373,450 | 4.63 | 7.63 | 66 |
| 76 | Kingsport, TN | 2,188 | $334,900 | 4.61 | 8.10 | 83 |
| 77 | Anderson, SC | 2,431 | $339,000 | 4.61 | 7.31 | 76 |
| 78 | Louisville, KY | 4,246 | $305,900 | 4.61 | 5.91 | 61 |
| 79 | Dayton, TX | 1,179 | $350,000 | 4.60 | 5.24 | 71 |
| 80 | Saint Louis, MO | 4,530 | $247,350 | 4.58 | 6.24 | 65 |
| 81 | Jasper, AL | 1,130 | $289,950 | 4.58 | 5.19 | 93 |
| 82 | Lehigh Acres, FL | 3,613 | $359,000 | 4.57 | 4.53 | 85 |
| 83 | Greenfield, IN | 1,174 | $339,900 | 4.56 | 6.99 | 65 |
| 84 | Evans, GA | 1,410 | $347,450 | 4.53 | 6.20 | 74 |
| 85 | Angleton, TX | 1,405 | $299,990 | 4.53 | 4.33 | 75 |
| 86 | Heber Springs, AR | 1,262 | $272,400 | 4.51 | 6.17 | 84 |
| 87 | Huntsville, AL | 4,746 | $357,459 | 4.49 | 5.70 | 74 |
| 88 | Greenville, SC | 4,845 | $339,900 | 4.49 | 6.92 | 70 |
| 89 | Fort Smith, AR | 1,431 | $265,900 | 4.48 | 6.83 | 95 |
| 90 | Cleveland, OH | 4,269 | $239,900 | 4.48 | 6.96 | 61 |
| 91 | Elizabethtown, KY | 1,344 | $289,900 | 4.48 | 7.09 | 76 |
| 92 | Rome, GA | 1,549 | $299,900 | 4.46 | 7.43 | 69 |
| 93 | Greenwood, IN | 1,212 | $340,000 | 4.46 | 6.92 | 63 |
| 94 | Kalamazoo, MI | 1,627 | $319,900 | 4.45 | 6.46 | 65 |
| 95 | Lubbock, TX | 2,839 | $248,890 | 4.42 | 4.40 | 67 |
| 96 | Norman, OK | 2,188 | $309,900 | 4.42 | 6.42 | 69 |
| 97 | Wentzville, MO | 1,824 | $380,000 | 4.40 | 5.93 | 73 |
| 98 | Jacksonville, FL | 5,678 | $299,500 | 4.40 | 5.03 | 70 |
| 99 | Punta Gorda, FL | 4,521 | $349,999 | 4.40 | 2.60 | 99 |
| 100 | Waco, TX | 1,862 | $309,000 | 4.38 | 5.48 | 96 |