If you’re an investor looking for the next hotspot, you may be surprised to find Texarkana taking the No. 9 spot for the best return on investment (ROI) in the nation. According to a recent study by Agent Advice, Texarkana’s typical property value of $148,518 is 47 percent of the national average value. With an average asking rent price of $1,212, this equals 0.82 percent of property value, which is 55 percent more than the national average proportion.
This incredible growth potential is due to Texarkana’s strategic location, straddling the border of Texas and Arkansas, and its strong local economy. Investors stand to reap significant profits with a potential down payment payback period for a typical investment property (20 percent down payment) just over two years and 38 percent shorter than the national average period.
Other cities in the top ten for ROI include Houma (LA), Dotham (AL), Johnstown (PA), Beckley (WV), Decatur (IL), Shreveport (LA), Peoria (IL), Sumter (SC), and Jackson (TN). Don’t miss out on the opportunity to invest in Texarkana’s thriving real estate market. To learn more about this hidden gem and stay up-to-date on the latest Central Texas real estate news, be sure to visit our blog at Yee-Haw Development Marketing Group.
Reference: [Article](https://www.recenter.tamu.edu/news/newstalk-texas/?Item=29179)