Gross Rental Yield

Calculate the Canary Rental Index (CRI) to measure aggregated gross rental yield across a ZIP code, enabling assessment of rental market performance within a specific ZIP code.

Gross rental yield is calculated per-property as the ( monthly rental AVM * 12 ) / property value AVM.

Source: HouseCanary

Pricing Tier: Premium

Updated: Monthly

Request Query Params

<table><tr><th>Property</th><th>Type</th><th>Description</th><th>Example</th></tr> <tr><td>zipcode</td><td>string</td><td>5-digit zipcode</td><td>33019</td> </tr> </table>

Response

<table><tr><th>Field</th><th>Type</th><th>Description</th><th>Example</th></tr> <tr><td>gross_yield_count</td><td>integer</td><td>Count of the properties that contributed to the index</td><td>250</td> </tr> <tr><td>gross_yield_median</td><td>number</td><td>Median gross yield value</td><td>8.2</td> </tr> <tr><td>gross_yield_average</td><td>number</td><td>Average gross yield value</td><td>7.9</td> </tr> </table>

[
  {
    "zip/hcri": {
      "result": {
        "gross_yield_count": 250,
        "gross_yield_median": 8.2,
        "gross_yield_average": 7.9
      }
    },
    "zipcode_info": {
      "zip": "33019"
    }
  }
]