Single-family rentals (SFRs) are detached residential properties rented out to tenants, typically offering more space and privacy than multifamily units. This asset class has grown rapidly in recent years, driven by rising home prices, changing demographics, and demand for suburban living. Institutional investors have increasingly entered the SFR market, viewing it as a stable income source with potential for long-term appreciation. SFRs play a significant role in the U.S. housing market and rental economy.