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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
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Company details
Market cap
$16B
Homes owned
~86,000
Div yield
~4.1%
AFFO/share (2026E)
~$1.64
Occupancy
96.3%
Avg. monthly rent
~$2,460
Revenue (TTM)
~$2.8B
Rev. growth
+9%
In plain English
Invitation Homes is America's largest single-family rental landlord — born out of Blackstone's post-2008 bet to buy up tens of thousands of suburban houses. It owns ~86,000 homes (plus tens of thousands more it manages for others) across the Sun Belt, rents them to families priced out of buying, and passes the rent to shareholders as dividends. It is increasingly going upstream, partnering with homebuilders and buying its own builder (ResiBuilt) to add brand-new build-to-rent houses.
In simple terms
What Invitation Homes really sells
Invitation Homes is America's largest single-family rental landlord — born out of Blackstone's post-2008 bet to buy up tens of thousands of suburban houses. It owns ~86,000 homes (plus tens of thousands more it manages for others) across the Sun Belt, rents them to families priced out of buying, and passes the rent to shareholders as dividends. It is increasingly going upstream, partnering with homebuilders and buying its own builder (ResiBuilt) to add brand-new build-to-rent houses.
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