Higher ... Returns on Land == Prampram Miotso!!!

Posted by: Gilbert, 01 Jul, 2024

₵ 70,000

Ad Detail

AD ID 1040756
Locality Tema, Greater Accra
Ad Type Offering
Posted by Broker

The ropes of Real Estate Returns with insights from us. Discover what makes a Good ROI in simple terms.

What is a Good ROI in Real Estate?

There is no one-size-fits-all answer to what makes a good ROI in real estate investing, as it largely depends on various factors such as market conditions, location, property type, individual goals, and risk tolerance of each investor. However, some general guidelines to evaluate a good return in real estate are:

1. Residential rental properties: An ROI ranging between 6-8% is considered decent for residential rental properties at lower risk levels. However, experienced investors may aim for higher returns of 10% or more, accepting the risks associated with it.

2. Commercial rental properties: These investments typically have a higher risk profile and, therefore, generate higher returns. A good ROI for commercial properties can range between 8-12%.

3. Fix-and-flip properties: Investors who buy properties to renovate and sell for a profit generally anticipate a higher return to compensate for the additional costs and effort involved in the process. A minimum ROI of 15-20% is often regarded as satisfactory in this situation.

For more details, call or whatsApp me for our consultancy services for more insights into real estate investment.

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