According to US News, Minneapolis Metro Statistical Area (MSA) ranks 7th place in undervalued homes for rent among US metros. Minneapolis averages a rent to income ratio of 26.1%, far below the national median of 36%. Detroit ranks 11th with a ratio of 27.8%. Carpathian Capital Management (CCM) manages a portfolio of rental properties across both the Minneapolis and Detroit metro areas.
For information on investing in any of our funds, please email ir@carpathiancapital.com.
Source: https://realestate.usnews.com/real-estate/housing-market-index/articles/the-most-undervalued-housing-markets-in-the-us
