Arrived Homes Offerings

The fractional real estate platform, Arrived Homes, launched new offerings for rental homes this week. Fractional real estate makes it feasible for individual investors without the funds to buy entire properties to add real estate to their portfolios. Investing in real estate typically has a high financial barrier, making it difficult for average investors to take part.

But with fractional investment, investors can own real estate and receive passive income without the hassle of property management and playing the role of landlord. With returns coming in the form of rents received and potential capital gains when the property sells, fractional real estate continues to become a more attractive asset class for investors looking to diversify their portfolios.

The Caden

The Caden is a four-bedroom, two-bath home in Tuscaloosa, Alabama. The home features a split open concept with engineered wood flooring and carpeted bedrooms. Great for entertaining, the backyard is fenced and has a covered porch. The Caden was purchased for $250,000 and will be leased for $1,595 per month.

The Tuscaloosa area is one of the state's largest and most densely populated, in addition to being home to the University of Alabama. Industries in the economically diverse area include manufacturing, service industries, higher education and tourism. Jobs are available across a variety of fields. Over 33% of the Tuscaloosa population holds a bachelor's degree or higher, adding to the economic opportunity offered in the area.

• Minimum investment: $100
• Target internal rate of return (IRR): 7.5% (based on historical returns)
• Hold period: five to seven years
• First dividend date: July 2023

The Bowling

The Bowling is a newly constructed 1,487-square-foot home in Decatur, Alabama, a suburb of Huntsville. The three-bedroom, two-bath home features a spacious open floor plan, a two-car garage and stainless steel appliances. The property was purchased for $208,000 and will be rented for $1,395 per month.

The Huntsville metropolitan statistical area (MSA) consistently ranks highly on lists assessing the quality of life and ease of business. Known as Rocket City, Huntsville has a diverse and robust economy with many high-income earners working in the military and aerospace.

• Minimum investment: $100
• Target IRR: 8.6% (based on historical returns)
• Hold period: five to seven years
• First dividend date: July 2023

The Hermanos

Located in the Southwest city of Albuquerque, The Hermanos is in what is widely considered the best housing market in the state because of its large population, excellent schools and continued economic investment. Built in 2007, the home has four bedrooms, three bathrooms and a backyard patio that sits below a private balcony. 

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Albuquerque, the most populated city in the state, offers the scenery of the Rio Grande Valley and the Sandia Mountains. It also is home to New Mexico University, a burgeoning technology hub. Hermanos was purchased for $310,000 and will be rented for $2,295 per month.

• Minimum investment: $100
• Target IRR: 7.5% (based on historical returns)
• Hold period: five to seven years
• First dividend date: January 2023

The Haven

Located in the Tuscaloosa suburb of Cottondale, The Haven is a newly built 1,312-square-foot home with a finished garage, modern kitchen and luxury vinyl plank flooring. 

The average sales price for a home in Tuscaloosa is up 17.6% since last year, or an average of 13.2% per square foot, according to Redfin.

With a diverse economy that includes the University of Alabama, demand for homes in the area should remain strong.

• Minimum investment: $100
• Target IRR: 8.8% (based on historical returns)
• Hold period: five to seven years
• First dividend date: July 2023

The Emelina

The Emelina contains hardwood flooring, tall ceilings, crown molding and an open floor plan. The home also features a bar and breakfast nook and a fenced-in yard that with a covered patio. The three-bedroom, two-bath home was purchased for $250,000 and will be leased for $1,595 per month.

Located in Tuscaloosa, the home was selected based on the region’s demand for single-family housing. 

• Minimum investment: $100
• Target IRR: 6.5% (based on historical returns)
• Hold period: five to seven years
• First dividend date: July 2023

The Cristalino

Built in 2007, this 1,312-square-foot home has been updated with new cabinets, granite countertops, carpeting, fixtures and vanities. Purchased for $310,000, The Cristalino will rent for $2,295 per month.

Located in Albuquerque, Arrived Homes invested in this single-family home because of the area’s rising housing demand fueled by population and economic growth. With the economic security of being located in an area with a diverse economy comprising education, business, technology and tourism, the investment should remain insulated from adverse market fluctuations.

• Minimum investment: $100
• Target IRR: 8.3% (based on historical returns)
• Hold period: five to seven years
• First dividend date: July 2023

Check out more offerings available from Arrived Homes.