Roofstock

Roofstock is an online marketplace for buying and selling single-family rental homes. Founded in 2015 and based in Oakland, it was built around a specific idea: investment properties shouldn't be sold like primary residences. Listings come with the numbers an investor actually cares about — rent rolls, inspection reports, neighborhood data, projected returns — and many homes are sold with tenants already in place, so the property produces income from day one.

The company looks different in 2026 than it did in its early retail-investor heyday. In 2024, Roofstock merged with Mynd, one of the larger single-family property management firms in the US. The marketplace kept the Roofstock name while property management runs under the Mynd brand, giving the combined company an end-to-end pitch: find the property, buy it, and have it managed without leaving the ecosystem. Roofstock has also leaned harder into institutional work — in late 2025 it closed a portfolio sale of roughly 1,700 rental homes in a single transaction.

What Roofstock actually does

For buyers, Roofstock functions like a listings site tuned for cash flow. You filter by price, market, cap rate, or whether a tenant is in place, then open a listing to find inspection details, title report, lease terms, and payment history where available. The whole transaction happens remotely, which is the real draw: an investor in San Jose can buy a tenant-occupied house in Indianapolis without ever visiting it.

For sellers, the appeal is selling a rental without emptying it first. Listing a tenant-occupied home on the open market usually means waiting out the lease or losing the tenant; on Roofstock, the sitting tenant is a feature, not a complication, because the buyer is another investor.

Key features

• Investor-focused listings with inspections, rent history, and financial projections up front
• Tenant-occupied sales, so buyers can close on a property that's already producing rent
• Certification standards that properties must meet before listing
• Remote transactions designed for out-of-state buyers
• Mynd property management integrated since the 2024 merger
• Market and portfolio services for larger and institutional owners

Who it's for

Roofstock suits investors who want single-family rentals in markets they don't live in — typically people priced out of their local market who want cash flow from the Midwest or Southeast. The Mynd side answers the obvious next question of who's going to fix the water heater from 2,000 miles away. Increasingly, the company also serves funds and institutional buyers moving whole portfolios, which is where a growing share of its business happens.

Our take

We think Roofstock solved a real problem: before it, buying an out-of-state rental meant assembling your own agent, inspector, and property manager from Yelp reviews. Having the diligence documents standardized and the tenant already paying rent takes a lot of the terror out of remote investing, and the Mynd merger closes the loop on the part that used to go wrong after closing.

Our caution is about expectations. Marketplace inventory ebbs and flows with the housing cycle, and in tight years the retail selection can feel thin compared to the site's early days — the company's center of gravity has clearly shifted toward institutional deals. And no marketplace removes the fundamentals: the pro formas are projections, not promises, and a cheap house in a rough neighborhood is still a cheap house in a rough neighborhood. Do your own math on vacancy and repairs before trusting the listed cap rate.