Income On Sale: 2 Discounted REITs Delivering Reliable Income With Double-Digit Upside Potential
VICI Properties and Essential Properties Realty Trust offer attractive yields and are positioned for reliable income and potential double-digit total returns. VICI trades at a 6.40% forward yield, maintains a solid balance sheet, and is diversifying beyond Las Vegas, despite tenant concentration risks with Caesars Entertainment. EPRT, with a 3.81% forward yield and 8.6% AFFO growth, boasts strong occupancy, long lease terms, and low leverage, though its focus on non-rated tenants poses recession risk.