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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,598
$1,608
Appreciation
Data-driven answers to common investor questions about this market.
8.48%
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Job Growth
0%
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Population
45,657
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The LTR Genie Score of Altamonte Springs, FL is 66, indicating a moderate level of rentability for long-term rental properties. The STR Genie Score is 53, suggesting a lower level of rentability for short-term rental properties. The LTR Rent Growth Rate of 0.0577% and the 1-Year Price Appreciation Forecast of 0.7% are relatively low, contributing to the lower STR Genie Score. However, the LTR Net ROI of 33.58% and STR Net ROI of 29.8% are both favorable, indicating strong potential for returns on investment in both rental strategies.
Altamonte Springs, FL is a suburban city located in Seminole County, known for its beautiful parks, shopping centers, and proximity to Orlando. The city offers a mix of residential neighborhoods and commercial areas, making it an attractive location for real estate investors looking to diversify their portfolio.
Overall, Altamonte Springs, FL presents opportunities for both long-term and short-term rental investments, with potentially higher returns in the long-term rental market. Investors may consider focusing on long-term rental properties to take advantage of the favorable LTR Net ROI and moderate LTR Genie Score. Additionally, the city's proximity to Orlando and its amenities make it a desirable location for tenants, further supporting the potential for long-term rental success in this market.