Investors in Houston single-family rental houses are seeing annual returns on par with the nation and are beating out stocks and bonds, a new report showed.
While investors in the stock market have seen double-digit runups in their portfolios in recent years, a commodity that provides both rental income and price appreciation is also racking up gains, according to Roofstock.com, an online marketplace for housing investments.
Owners of single-family rentals in the Houston metro area saw an average annual return of 12.8 percent over the last 7 years, Roofstock.com said.