More on Silver Bay Realty: The company company currently owns 2,548 homes, with 1,597 purchased...

|By:, SA News Editor

More on Silver Bay Realty: The company company currently owns 2,548 homes, with 1,597 purchased within the last 6 months. Of those held for longer, the occupancy rate is 91% with average rent of $1,126/mo. With average purchase price of about $121K, it's a rental yield (no expenses yet taken out) of 11.2%.