Arrived Homes Releases Q2 Performance Results - Over $900k Generated For Investors

Arrived Homes, the real estate investment platform that sells shares of individual rental properties shared its performance for the second quarter of 2022 with investors on Friday. 

Investors on the platform earned a total of nearly $182,000 in dividends during the second quarter, compared to approximately $120,000 during the first quarter. Annualized yields range from 3.0% to 7.6%.

In addition to dividends, many investors also saw a significant appreciation in the share price of their rental properties. 51 properties have updated share prices with an average increase of 10.3%. Total price appreciation during the quarter was $719,000.

All Arrived Homes properties launch at $10 per share. After 6 months, the company re-values the property and the share price. Following the initial 6 months, property and share prices are updated quarterly. 

The entire portfolio of Arrived Homes properties has an occupancy rate of 88%. Most vacancies are in properties that had an IPO since May as most of the rental homes undergo value-add improvements after being acquired. 

In the quarterly release, Arrived Homes CEO Ryan Frazier said, “As Arrived continues to grow, we remain committed to our mission of creating access to single-family rental homes through this new category of investing. Amidst the turmoil in the stock and crypto markets, we believe that the long-term steady price appreciation and consistent passive income this asset class presents can remain an important hedge against inflation and other market conditions. As is always the case, the future is unpredictable. While we monitor market changes like interest rates and inflation, our team will continue to focus on these fundamentals that have made rental properties such a fixture of portfolios for decades.

“Beyond that, with the many new properties, new cities, and launch of vacation rental homes, we are excited about what’s ahead for investors.”

View Arrived Homes' current offerings on Benzinga. 

Photo: Courtesy of Arrived Homes