Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $870.3k | $2.3k/mo |
| Price-to-Rent Ratio | 31.8years of rent | |
| Monthly Payment | $4.4kat 6.5%, 20% down | $2.3k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.1% | |
Interactive Calculator
Adjust the numbers to match your situation and see how buying compares to renting over time.
Buy is better
10 years
Monthly Mortgage
$4,401
Home Value After 10 Years
$1,169,668
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$122,786
Total Cost (Rent)$273,600
Net Difference+$150,814
Buying is cheaper by $150,814 over this period.
Top Sale Listings in Riga
View all
Score 61.0$93/m²
Land, 2277.0 m², Pārdošanā ekskluzīvs zemesgabals pašā Rīgas centrā izcila ieguldījuma iespēja, k, Centre
$210,900 · 2277 m² · 1 rooms
Score 60.4$112/m²
Land, 500.0 m², Tiek piedāvāta unikāla iespēja iegādāties zemesgabalu jauktas centra apbūves ter, Centre
$55,860 · 500 m² · 1 rooms
Score 60.1
Market Context
Sale Listings29
Rent Listings1
Avg Sale $/m²$1,562/m²
Avg Rent $/m²$2/m²
This is an estimate. Consult a financial advisor before making any real estate decision.
