While house values in Miami have risen, so have rental rates, which have increased by 7.2 percent year over year. The national average has only increased by 3%. Both Miami and national rentals have increased by around $300 during the last five years. While both are on the rise, Miami has seen a more recent uptick.This means that your investment property will rent for more than the national average, with a bright prognosis for future rent rises.
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