Scoring Methodology

Every scoreable ZIP code receives a composite score out of 100 points across five weighted dimensions. Below is the exact logic used to compute each sub-score.

Weight Distribution

35
20
20
15
10
Gross Rent Yield
Affordability
Safety
Tax Efficiency
Market Liquidity

Data Sources

Home Values
U.S. Census ACS 5-Year (ZCTA)
Median home value at ZIP/ZCTA level
Rental Rates
HUD Fair Market Rents (FMR / SAFMR)
2-BR FMR preferred; fallback to Census median gross rent
Population
U.S. Census ACS 5-Year (County)
Latest available county population
Crime Stats
FBI NIBRS (County-level)
Violent + property crime totals, mapped to ZIPs via county
Property Tax
Census ACS (County)
Median annual real estate tax
Geography
Census ZCTA↔County Crosswalk
tab20_zcta520_county20 national file

Gross Rent Yield

35 / 100 pts

Measures annual rental income as a percentage of property cost — the primary cash-flow indicator for investors.

01
Formula
Gross Yield = (Monthly Rent × 12) / Median Home Value × 100
Rationale

A gross yield above 8–10% typically supports positive cash-flow after expenses. The 15% ceiling avoids rewarding extreme values that may indicate data issues.

Scoring Tiers
RangePointsNote
≥ 15%35 / 35Exceptional — full marks
2% – 15%Linear(yield − 2) / 13 × 35
≤ 2%0 / 35Too low to be viable

Affordability

20 / 100 pts

Favors the investor sweet-spot ($50K–$200K) where entry cost is manageable, tenant demand is strong, and financing is straightforward.

02
Formula
Score based on Median Home Value price band
Rationale

Properties under $30K often have deferred maintenance and vacancy risk. Above $400K, cap rates compress and cash-on-cash returns suffer.

Scoring Tiers
RangePointsNote
$50K – $200K20 / 20Investor sweet spot — full marks
$200K – $300K14 / 2070% — still attractive
$300K – $400K8 / 2040% — higher barrier to entry
> $400K3 / 2015% — typically not ideal for cash flow
$30K – $50K10 / 2050% — cheap but limited appreciation
< $30K2 / 2010% — likely distressed market

Safety

20 / 100 pts

Lower violent crime means safer neighborhoods, better tenants, and lower vacancy — all critical for long-term rental income.

03
Formula
Violent Crime Rate = Violent Crimes / County Population × 100,000
Rationale

FBI NIBRS data is county-level; we use violent crimes (murder, assault, robbery, rape) as the safety signal. A rate under 100/100K is well below the national average (~380).

Scoring Tiers
RangePointsNote
≤ 100 per 100K20 / 20Very safe — full marks
100 – 800Linear decline(1 − (rate−100)/700) × 20
≥ 800 per 100K0 / 20High crime — zero points
No data10 / 2050% neutral — no penalty or reward

Tax Efficiency

15 / 100 pts

Property tax is one of the largest operating expenses for rental investors. Lower rates directly improve net operating income.

04
Formula
Effective Tax Rate = Median Annual Property Tax / Median Home Value
Rationale

States like Alabama, Louisiana, and West Virginia have notably low property taxes. The 3% cap covers most of the U.S. range; only pockets of NJ, IL, and TX go higher.

Scoring Tiers
RangePointsNote
≤ 0.5%15 / 15Excellent — full marks
0.5% – 3.0%Linear decline(1 − (rate−0.5)/2.5) × 15
≥ 3.0%0 / 15Very high tax burden
No data7.5 / 1550% neutral

Market Liquidity

10 / 100 pts

Larger markets have more tenants, shorter vacancy periods, and easier resale — all improving investment liquidity.

05
Formula
County Population (latest ACS 5-year estimate)
Rationale

County population proxies market depth. Even a great yield in a county of 5K people means limited tenant pool and potential liquidity traps.

Scoring Tiers
RangePointsNote
≥ 100K population10 / 10Full marks — strong demand
50K – 100K8 / 1080%
20K – 50K6 / 1060%
10K – 20K4 / 1040%
< 10K2 / 1020% — very rural
No data3 / 1030% neutral

Final Score Computation

Total Score = Yield Score + Affordability Score + Safety Score + Tax Score + Liquidity Score
// Max = 35 + 20 + 20 + 15 + 10 = 100 points
Eligibility Requirements
  • ZIP must have a valid Census median home value > 0
  • ZIP must have rental data (FMR 2BR > 0 or Census median rent > 0)
  • All other metrics are optional; missing data receives a 50% neutral score
Filtering & Sorting
  • Filters (state, price, yield, score) are applied after scoring
  • Sorting is supported by score, yield, price, rent, or crime rate
  • Default sort: score descending (best first)

Geographic Coverage

MissouriKansasTexasIllinoisOklahomaArkansasMississippiAlabamaNorth CarolinaLouisianaWest VirginiaIowaOhioIndiana

14 U.S. states selected for investor-friendly rental markets, lower price points, and favorable landlord regulations.