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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$2,160
$2,612
Appreciation
7.34%
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Job Growth
0.03%
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Population
66,355
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The LTR Genie Score of Alpharetta, GA is 67, indicating a moderate level of rentability for long-term rental properties in the area. The STR Genie Score is 50, suggesting a slightly lower level of rentability for short-term rental properties. The higher LTR Net ROI of 20.93% compared to the STR Net ROI of 21.34% may be attributed to the slightly higher LTR Rent Growth Rate and 1-Year Price Appreciation Forecast. Additionally, the STR Occupancy rate of 61.29% and STR Revenue of 2612 indicate a steady demand for short-term rental properties in Alpharetta.
Alpharetta, GA is a rapidly growing city located in the Atlanta metropolitan area, known for its strong economy, top-rated schools, and vibrant community. The city offers a mix of suburban charm and urban amenities, making it an attractive location for real estate investors.
Based on the metrics provided, Alpharetta, GA seems to be a promising market for both long-term and short-term rental investments. The LTR Net ROI and Rent Growth Rate suggest that long-term rentals could yield favorable returns, while the STR Occupancy rate and Revenue indicate a steady demand for short-term rentals. Investors may consider diversifying their portfolio by investing in both long-term and short-term rental properties in Alpharetta to maximize their returns in this growing market.