Quay cap rate
Cap rate
8.9%
Ranks #44 of 3,071 U.S. counties, in the top 1%.
- vs. national median3.5%Quay is higher than the U.S. median
- vs. New Mexico median4.5%Quay is higher than the New Mexico median
What cap rate means
Capitalization rate estimates the annual return on a rental property before financing: gross rent divided by purchase price. Higher cap rates mean stronger cash flow relative to price, which investors weigh against appreciation potential and risk. We estimate it from local rents and home values; verify against an actual listing before underwriting a deal.