Real Estate - , , United States
Raineth Housing expands the options for lower income home renters by providing free-standing, single family houses as residential options. Since 2009 Raineth has bought, renovated and leased houses in the Mid-West to lower income families, including many with Section 8 rental assistance.Investors have found Raineth an attractive way to commit capital to the lower-priced portion of the single family housing market. Current market conditions have conspired to depress the price of smaller houses in selected markets to levels that are well below 50% of prices paid within the last decade. Raineth provides investors with very attractive current yields while preserving the opportunity for significant capital appreciation.
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