Rent Amount Model

**Overview**
Rent Amount Model delivers the estimate of the monthly rent that can be charged for a particular residential property (single family residence, condominium or duplex) along with the estimate for the high and low range of the rental value.

Rent Amount Model also delivers an Estimated Rental Forecast Standard Deviation Score, Model Run Date, and CAP Rate value for the Property based on the model, which is used by investors to estimate the return on the investment.

Rent Amount Model domain provides individual investors and lenders the data to make more informed property investment decisions and evaluate potential properties for rental income.

Rent Amount Model (RAM), a highly accurate monthly model with 100% coverage across the U.S., can estimate a rent amount for attached and detached Single Family Residential (SFR) properties even in areas with few or no comps.

**Use cases**
- **Asset Valuation** - Rent amount model can be used to value properties whose value is based on rental income.

**Product details**
- Datasets represented include RENT_AMOUNT_MODEL_V1_VIEW.
- Sample fields include CLIP, FIPS_CODE, APN_PARCEL_NUMBER_UNFORMATTED, COUNTY_LAND_USE_DESCRIPTION, LAST_MARKET_SALE_DERIVED_DATE, LAST_MARKET_SALE_AMOUNT, ESTIMATED_RENTAL_VALUE, ESTIMATED_RENTAL_VALUE_LOW, ESTIMATED_RENTAL_VALUE_HIGH, ESTIMATED_RENTAL_FORECAST_STANDARD_DEVIATION_SCORE and ESTIMATED_RENT_AMOUNT_MODEL_RUN_DATE.