If you're thinking about investing in a rental property, you might want to look at buying near an ALDI, according to ATTOM Data Solutions' annual 2020 Grocery Store Wars analysis.
Properties near an ALDI had an average gross flipping ROI of 58 percent, compared to properties near a Whole Foods, which had an average gross flipping ROI of 36 percent and Trader Joe's at 30 percent, according to ATTOM.
If you look at home seller NOI, the order flips a little bit. Investors with properties near an ALDI are gaining an average home seller ROI of 41 percent. By comparison, the average home seller ROI for properties near a Trader Joe's is 51 percent, and 43 percent for properties near a Whole Foods.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
