What is SFR in real estate?
What is a SFR? đźŹ
The abbreviation SFR stands for single family residence. SFRs can include the following housing types:
- Detached home
- Townhome
Are SFRs a good rental property investment?
SFRs -- much like duplexes, triplexes, quadplexes and multifamily -- can make a great investment. As with any investment, it all depends on the quality of the asset, the purchase price, and the local market conditions. Here are things the most successful single family rental property investors focus on:
- Cap rate
- Cash on cash return
- Free cash flow
- Construction (year built, materials used, building quality)
- Local market trends (population growth, housing market appreciation, supply and demand)
The single family rental property asset class has grown tremendously since the 2008 subprime mortgage financial crisis with the likes of Blackstone (Invitation Homes), and American Homes 4 Rent each owning more than 50,000 detached single family homes in their portfolios.
How do I find SFRs for sale?
The availability of quadplexes varies based on the local market. Here is where you can find your next quadplex investment property:
- Zillow
- Redfin
- OfferMarket
- Facebook Marketplace
- Craigslist
- Local wholesaler buyer's list
