Arrived Homes Offerings, June 7

Fractional real estate platform Arrived Homes launched new offerings for rental homes this week. 

Fractional real estate allows individual investors to invest in real estate without buying entire properties, which can be expensive and difficult to afford. With fractional investment, investors can own shares of real estate and receive passive income without the everyday hassle of property management and playing the role of landlord. With returns coming in the form of rents received as well as potential capital gains when the property sells, fractional real estate continues to be an attractive asset class for investors looking to diversify their portfolios.

The decentralization of real estate investment through fractional ownership makes it an attractive investment vehicle for those looking to add to their real estate portfolios.

The Sims

Photo courtesy of Arrived Homes

The Sims is a four-bedroom, two-bathroom home in Augusta, Georgia. The home was purchased for $279,900 and has a total investment fund size of $324,630. The Sims offers an open floor plan, large windows throughout the house and a private backyard with a patio.

With a population of more than 200,000 Augusta is the second-largest city in Georgia and is home to a mix of industries, including manufacturing, healthcare, logistics and the military. Tourism also drives the local economy with over 2.7 million people visiting the city annually. According to the Augusta Economic Development Authority, Augusta’s population grew by 24,232 in the last five years and is projected to grow by 27,009 over the next five years. Jobs grew by 7,376 over the last five years and are projected to increase by 12,894 over the next five years. These factors, among others, are leading to a growing demand for housing in the area. 

• Minimum investment: $100
• Target internal rate of return (IRR): 9.1% (based on historical returns)
• Hold period: five to seven years
• First dividend date: October 2023

The Louis

Photo courtesy of Arrived Homes

The Louis is named after St. Louis, the city it’s located in. The ranch-style home has vaulted ceilings and an expansive backyard providing ample space for outdoor activities and entertainment. The Louis was purchased for $279,300 and will be rented at a rate of $1,695 per month.

St. Louis offers residents and visitors a vibrant cultural scene with dining, bars, nightlife, art galleries, world-class museums and theaters. Outdoor recreation in parks and green spaces also is available. The city’s cost of living is affordable, and it has a strong job market. 

• Minimum investment: $100
• Target IRR: 8.7% (based on historical returns)
• Hold period: five to seven years
• First dividend date: October 2023

The Longwoods

Photo courtesy of Arrived Homes

Start generating passive income through real estate

Check out these featured investments from Benzinga's Real Estate Offerings Screener.

The Longwoods is a nearly 1,800-square-foot home in Hinesville, Georgia, part of the Savannah metropolitan statistical area (MSA). The Longwoods is a recently constructed two-story home with a backyard patio and an open-concept living area. The offering has a total funding amount of $321,380 and will be rented for $1,895 a month, projecting an annual renting yield of 3.7% based on historical returns. 

Savannah is known for its tourism, but the local economy has seen growth in recent years with an influx of industry. It’s also home to one of the busiest shipping ports in the region. Savannah offers residents and visitors a range of food and entertainment options along with a historical district. 

• Minimum investment: $100
• Target IRR: 11.7% (based on historical returns)
• Hold period: five to seven years
• First dividend date: October 2023

The Mycroft

Photo courtesy of Arrived Homes

The Mycroft is a 2023 new build located in Little Rock, Arkansas. The house has three bedrooms, two bathrooms, a two-car garage, granite countertops and a convenient pantry. The Mycroft was purchased for $217,320 and will be rented for $1,295 a month, indicating the affordable cost of living in the area. 

Little Rock is the state’s capital and the largest city in Arkansas with a population of over 200,000 people. The city serves as the state’s economic, cultural and political epicenter. Little Rock has an inherently diverse economy with a mix of industries, including transportation, education, government, healthcare and manufacturing. The economic and job growth in the Little Rock MSA is driving demand for housing within the area, which should help secure maintained occupancy. 

• Minimum investment: $100
• Target IRR: 12.5% (based on historical returns)
• Hold period: five to seven years
• First dividend date: October 2023

Check out more offerings available from Arrived Homes