Tuesday, August 15, 2017

ALDI Tops Trader Joe’s and Whole Foods in New Home Flipping and Rental Returns Analysis



IRVINE, CA -- A new ATTOM Data analysis shows that prospective homebuyers are better off buying near a Trader Joe’s than a Whole Foods or an ALDI — although homes near Whole Foods have seen home price appreciation more closely on par with those near Trader Joe’s possibly thanks to the Amazon acquisition of the high-end grocery chain.

But for real estate investors looking for the best home flipping or rental returns, targeting neighborhoods around the discount German-owned grocer ALDI is the best strategy, according to the analysis.

Here are the details:

·         Homeowners near a Trader Joe’s have seen an average 5-year home price appreciation of 67 percent, compared to 52 percent appreciation for homeowners near a Whole Foods and 51 percent near an ALDI.

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o   Average appreciation for all zip codes with these grocery stores nationwide is 54 percent.

 ·         Homeowners near a Trader Joe’s also have added equity, owning an average 36 percent equity in their homes ($232,439), while homeowners near Whole Foods had an average of 31 percent equity ($187,925) and homeowners near ALDI had average 18 percent equity ($46,352).

o   The average equity for all zip codes with these grocery stores nationwide is 24 percent.

·         Flip the tables and properties near an ALDI are an investor’s golden goose with an average gross flipping ROI of 69 percent, compared to properties near a Whole Foods which had an average gross flipping ROI of 41 percent and Trader Joe’s at 36 percent.


o   The average gross flipping ROI for all zip codes with these grocery stores nationwide is 57 percent.

·         Not to mention properties near an ALDI had an average gross rental yield of 10 percent, compared to properties near a Whole Foods with an average gross rental yield of 6 percent and Trader Joe’s at 5 percent.

·     The average flipping ROI for all zip codes with these grocery stores nationwide is 8 percent.

For a complete copy of the company’s news release, please contact:


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