LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,762
Monthly Cash Flow
-$2,589
Principal + Equity
$5,796
Annual Total Gain
$38,483
Cash on Cash
-13.52%
Net ROI %
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B-
Overall
Top-level market grade
Healthiest Cities in America
#58out of 229 markets
Healthiest Places to Live in America
#58out of 230 markets
Best Cities for Outdoor Activities in America
#13out of 229 markets
B
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Anaheim, CA.
In Anaheim, CA, Short Term Rental (STR) regulations are governed by the city's Municipal Code. Investors looking to purchase a property for STR purposes should be aware of the following regulations:
1. Permit Requirement: Anaheim requires property owners to obtain a Short Term Rental Permit in order to legally operate a STR property. The permit must be renewed annually and there are specific requirements that must be met in order to obtain the permit.
2. Zoning Restrictions: STR properties in Anaheim must be located in certain designated zones that allow for short term rentals. Investors should check the city's zoning map to ensure that the property they are interested in is located in a zone that permits STRs.
3. Occupancy Limits: Anaheim has occupancy limits for STR properties, which vary depending on the size of the property. Investors should be aware of these limits and ensure that they are in compliance with them.
4. Noise and Nuisance Regulations: Anaheim has strict regulations regarding noise and nuisance issues related to STR properties. Investors should be aware of these regulations and take steps to ensure that their guests are respectful of the neighborhood.
5. Transient Occupancy Tax: Anaheim imposes a Transient Occupancy Tax on short term rental properties, which must be collected from guests and remitted to the city. Investors should be aware of their tax obligations and ensure that they are in compliance with the city's tax regulations.
6. Homeowners' Association Restrictions: If the property is located in a homeowners' association (HOA), investors should also be aware of any restrictions or regulations that the HOA may have regarding STRs. Some HOAs may prohibit or place restrictions on short term rentals.
Overall, investors considering purchasing a property for Short Term Rental purposes in Anaheim should thoroughly research and understand the city's regulations and requirements to ensure compliance and avoid any potential legal issues.
Market Trends Over Time
Explore 25 years of market data for Anaheim, CA, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Anaheim, CA.
The LTR Genie Score of Anaheim, CA is 50, indicating a moderate level of rentability for long-term rental properties. This is likely influenced by the low LTR Rentability and modest LTR Rent Growth Rate. On the other hand, the STR Genie Score is 84, signifying a very high level of rentability for short-term rental properties. This is supported by the high STR Net ROI, STR Occupancy rate, and STR Revenue.
Comparing the LTR and STR Genie Scores, it is clear that Anaheim, CA is more favorable for short-term rental investments. The potential for higher returns and occupancy rates in the short-term rental market makes it a more attractive option for real estate investors in this area.
Anaheim, CA is known for being the home of Disneyland, which attracts millions of tourists each year. This makes it a prime location for short-term rental properties, as there is a consistent demand for accommodation from visitors to the theme park and other attractions in the area.
In conclusion, based on the metrics provided, Anaheim, CA appears to be a more attractive market for short-term rental investments rather than long-term rental investments. Investors looking to capitalize on the tourism industry and maximize their ROI may find success in the short-term rental market in this area.
LTR Genie Score 93
$254,000
🛏 3 Beds🛁 2.0000 Baths🏙 1,568 sqft.🏠 SINGLE FAMILY