Gross Rental Yield

Quick screening metric. Net yield / cap rate subtracts operating expenses and is usually lower.

Gross yield % = annual gross rent ÷ property value × 100.

Tip: Keep “Annual Gross Rent” and “Property Value” on the same basis (period, units, and population) before calculating Gross Rental Yield.

Cluster: Real Estate hub · Loan-to-value (LTV) · Percentage guide

Gross rental yield is annual rent as a percent of property value—before expenses.

Enter annual gross rent and property value.

$
Total rent for the year
$
Price or market value

Gross Rental Yield

Understanding Gross Rental Yield

How we calculate. Gross yield % = annual gross rent ÷ property value × 100. The form uses the same arithmetic as the worked examples on this page. See our methodology and accuracy policy.

Real-world scenario: A typical Gross Rental Yield case uses annual gross rent 36000 and property value 450000. Enter the same figures below to reproduce the worked path.

What is Gross Rental Yield?

Quick screening metric. Net yield / cap rate subtracts operating expenses and is usually lower.

  • Use scheduled or collected rent—label which
  • Annualize monthly rent × 12
  • Not the same as cap rate

The Formula

Gross Rental Yield
Gross yield % = (Annual rent ÷ Property value) × 100

Worked Example

Scenario: Annual rent $36,000 on a $450,000 property.
Step 1: 36000 ÷ 450000 = 0.08
Step 2: × 100 = 8%
Answer: Gross rental yield is 8%.

Common Use Cases

  • Market scanning: rough income yields
  • Cross-city compare: price vs rent
  • First-pass filters: before full underwriting

Pro Tips

  • Haircut for vacancy in underwriting
  • Check expense ratios next
  • Use asking vs actual rent carefully

Limitations: Gross Rental Yield results are educational real-estate planning aids—not appraisals, loan offers, or investment advice. Confirm figures with qualified professionals and your lender.

FAQ

Gross vs net yield?

Gross uses rent only. Net yield or cap rate uses NOI after operating expenses.

What if value is 0?

Yield is undefined—enter positive property value.

Authoritative References

For real estate investing concepts, consult: