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The income approach is most appropriate for:

Correct Answer

C) Rental and investment properties

The income approach values property based on its income-generating ability, making it most suitable for rental properties and commercial investments.

Answer Options
A
Owner-occupied homes
B
Vacant land
C
Rental and investment properties
D
Historical landmarks

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Related Topics & Key Terms

Related Topics:

NOIcap-rateIRV

Key Terms:

income approachNOIcap rateIRV
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