Where can I find the current price to rent ratio of the locality of my interest?

The price-to-rent ratio is calculated by dividing the median home price by the median annual rent. A price-to-rent ratio of 15 or less means it’s better to buy. Use the price-to-rent ratio in combination with other factors when making a decision about whether to buy a house.

What does PW mean rent?

per week

Many agencies and marketing platforms (eg Zoopla and Rightmove) advertise their rents as per week (pw); these rents however are usually requested to be paid by per month(pcm).

What is a good ROI percentage for rental property?

5% to 10%

In more specific terms, you’ll want to aim for your rental ROI to be 5% or more since this percentage means that you’ll earn a higher rate of return compared to typical retirement accounts. Getting a 5% to 10% return for rental properties is pretty reasonable.