Real estate investors and property managers — your new favorite tool for valuation due diligence is here. Clear Capital’s national-coverage Rental AVM provides reliable, automated estimates of monthly market rent. It’s powered by the same high quality data and modeling power of our lending-grade automated valuation model, ClearAVM™.
What makes Rental AVM different?
Rental AVM boasts unparalleled accuracy, coverage, and speed:
- Accuracy — Testing Rental AVM shows a median absolute percentage error of 3.05%, meaning you can rely on Rental AVM’s for precise decision making.
- Coverage — Access 85 million rental estimates across the U.S., including for single family residences, condos, manufactured homes, and more.
- Speed — We know you don’t have time to wait for an accurate rental value. Obtain a Rental AVM in less than a second for one address or for thousands.
What can you do with reliable rental estimates?
Make investment, management, and lending decisions quickly with automated rent evaluations you can trust. Each Rental AVM includes a Confidence Score, which predicts accuracy based on the forecast standard deviation. This score helps you determine whether a Rental AVM meets your valuation risk tolerance, or if a property may require further due diligence.
Expedite decision-making
Underwrite with confidence by using rental rates to model future cash flows from a property’s rent, or verify a property price. Property managers can ensure rental listings are accurately priced — don’t risk letting overpriced listings stay vacant, or underpricing listings and leaving money on the table. Investors can reduce time spent searching for the right investments by scanning properties’ ClearAVM and Rental AVM for favorable rental yields that meet your buy box.
Create a rental report
Develop a complete report that’s suitable for due diligence or underwriting. Our Property Analytics API enables you to craft a rental report with rental comparables and historical data or add a Rental AVM to a ClearAVM valuation report.
- Property characteristics — Bedroom and bathroom count, gross living area, photos, and more.
- Comparable rentals — Compare similar rentals ranked by Clear Capital’s proprietary algorithm, ClearRank. Access comparable property details and photos.
- Comparables — Compare similar sold or listed properties ranked by Clear Capital’s proprietary algorithm, ClearRank™. Access comparable property details and photos.
- Sales history — Log of property sale transaction details.
- Listing history — Log of listing activity.
- Owner history — Log of ownership changes, vesting, and owner occupancy.
- Tax history — Log of tax amounts and assessed values by year.
Use any combination of these details to meet due diligence requirements without purchasing multiple products or duplicate data points.
Leverage the same reliable AVMs across your business
Use ClearAVM, our trusted, national-coverage AVM that provides reliable home valuations using the highest quality data and modeling power. With Interactive AVM, you can adjust characteristics such as home condition, square footage, and more to provide a valuation that reflects those characteristics in real time.
Learn more about Rental AVM. Upgrade your property investment and management due diligence today.
