Here are the 10 worst US housing markets for investment

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HomeUnion, an online real estate investment management firm, has named the 10 worst housing markets for single-family rental home investors in the first quarter of 2017. 

The firm uses data on over 110 million homes and 200,000 neighborhoods to compile their list.

Here are the worst markets for real estate investing in the first quarter, based on first-year returns:

10. Portland, OR

Median Investment Home Price: $310,481

YoY Change: 15.%

Cap Rate: 4.3%

Source: HomeUnion

9. Oakland, CA

Median Investment Home Price: $488,853

YoY Change: 8.6%

Cap Rate: 4.2%

Source: HomeUnion

8. Salt Lake City, UT

Median Investment Home Price: $253,124

YoY Change: 28.6%

Cap Rate: 4.2%

Source: HomeUnion

7. Sacramento, CA

Median Investment Home Price: $313,845

YoY Change: 18.4%

Cap Rate: 4.0%

Source: HomeUnion

6. Seattle, WA

Median Investment Home Price: $439,212

YoY Change: 26.9%

Cap Rate: 3.7%

Source: HomeUnion

5. San Diego, CA

Median Investment Home Price: $507,585

YoY Change: 6.6%

Cap Rate: 3.6%

Source: HomeUnion

4. Los Angeles, CA

Median Investment Home Price: $546,177

YoY Change: 9.0%

Cap Rate: 3.4%

Source: HomeUnion

3. Orange County, CA

Median Investment Home Price: $762,587

YoY Change: 14.7%

Cap Rate: 3.0%

Source: HomeUnion

2. San Jose, CA

Median Investment Home Price: $928,355

YoY Change: 12.8%

Cap Rate: 2.8%

Source: HomeUnion

1. San Francisco, CA

Median Investment Home Price: $1,118,702

YoY Change: 9.7%

Cap Rate: 2.8%

Source: HomeUnion

SEE ALSO:

Here are the 9 best US housing markets for investment

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