5 Cheap REITs with Huge Upside

In this article, we will list the 5 Cheap REITs with Huge Upside. Please visit 10 Cheap REITs with Huge Upside if you’d like to see an extended list and how we came up with the list of cheap REIT stocks.

5. Invitation Homes Inc. (NYSE:INVH)

Invitation Homes Inc. (NYSE:INVH) is one of the 10 cheap REITs with huge upside.

On March 6, Barclays lowered its price target on Invitation Homes Inc. (NYSE:INVH) from $33 to $31, which now results in an adjusted upside potential of 24% at the prevailing level. The firm also maintained an Overweight rating on the stock. The revision is part of Barclays’ adjustments within the residential REITs category, where it has cut down its outlook.

Earlier on February 27, Raymond James downgraded Invitation Homes Inc. (NYSE:INVH) from an Outperform to Market Perform rating, as demand for rentals in the multifamily and single-family rental space declined. Furthermore, the firm added that the consensus numbers and the new guidance for 2026 could be too optimistic.

The company is prepared for the seasonal boost in leasing and comparisons in the second half of the year. However, challenges in leasing, supply, and concessions, as well as macro headwinds such as job losses due to AI, immigration enforcement, and regulatory issues, could put earnings under pressure.

Invitation Homes Inc. (NYSE:INVH) is the United States’ largest single-family home leasing and management company. Catering to a growing rental housing demand with a focus on convenience, it offers access to areas that are located near major employment hubs, commercial centers, and educational institutions. The company leverages Smart Home technology and AI capabilities for its resident services portals.