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What kind Of GRMs are available in your local Areas? (How good an Investment is Your area)

By
Real Estate Agent with Morrill and Co

I am curious what kind of markets are out there in the US

 

To give you an idea, i looked at a property today in Baltimore that was renting for 2400, and selling for 340k i thought was a pretty good investment. 340,000 / (2400monthly rent *12) = 11.8, but that doesnt sound so good?

 

GRM I found today in baltimore was  11.8

 

Now that being said i am a bit of an investment novice, and am curious what kind of opportunites are available around the country? Clearly there is more in depth analysis, but lets just look at 1-2 unit buildings assume full occupancy and talk grms for a moment shall we?

 

-Todd