LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,205
Monthly Cash Flow
-$1,582
Principal + Equity
$3,062
Annual Total Gain
$17,753
Cash on Cash
-12.3%
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
Best Suburbs to Live in California
#245out of 526 markets
Best Places to Retire in California
#56out of 816 markets
Best Suburbs for Young Professionals in California
#203out of 526 markets
B
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Auburn, CA.
In Auburn, CA, short term rentals are subject to regulations set forth by the city government. Investors looking to purchase a property for short term rental purposes should be aware of the following regulations:
1. Zoning restrictions: Auburn has specific zoning regulations that dictate where short term rentals are allowed to operate. Investors should ensure that the property they are considering purchasing is located in a zone that permits short term rentals.
2. Permit requirements: In order to operate a short term rental in Auburn, investors must obtain a permit from the city. The application process typically involves submitting documentation, paying a fee, and meeting certain criteria set by the city.
3. Occupancy limits: Auburn may have occupancy limits in place for short term rentals, which restrict the number of guests that can stay on the property at any given time. Investors should be aware of these limits and ensure they are in compliance.
4. Tax obligations: Short term rental hosts in Auburn are required to collect and remit transient occupancy taxes on a regular basis. Investors should familiarize themselves with the tax obligations associated with operating a short term rental in the city.
5. Noise and nuisance regulations: Auburn may have noise and nuisance regulations in place that govern the behavior of guests staying in short term rentals. Investors should be aware of these regulations and take steps to ensure that their guests comply with them.
By being aware of and complying with these regulations, investors can mitigate the risk of running into legal issues or facing fines for operating a short term rental in Auburn, CA. It is recommended that investors consult with a real estate attorney or local government officials to fully understand the regulations and requirements for short term rentals in the area before making a purchase.
Market Trends Over Time
Explore 25 years of market data for Auburn, 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 Auburn, CA.
The LTR Genie Score of Auburn, CA is 45 and STR Genie Score is 35, indicating a moderate level of attractiveness for both long-term and short-term rental investments. The LTR Rentability is moderate, suggesting that there may be some demand for long-term rentals in the area. However, the LTR Rent Growth Rate is 0.0%, which may indicate stagnant rental market conditions. The STR Net ROI is slightly lower than the LTR Net ROI, but both are above 10%, showing potential for profitability in both rental strategies.
Auburn, CA is a charming town located in the Sierra Nevada foothills, known for its historic downtown area, outdoor recreational opportunities, and proximity to Lake Tahoe. The area attracts tourists and outdoor enthusiasts, making it a potential hotspot for short-term rental investments.
In conclusion, Auburn, CA may be a suitable market for both long-term and short-term rental investments. Real estate investors should consider the stable rental market conditions, potential for profitability, and the unique attractions of the area when evaluating investment opportunities. It may be beneficial to diversify a portfolio with a mix of long-term and short-term rental properties in Auburn, CA.
