The LTR Genie Score of Binghamton, NY is 60 and STR Genie Score is 59, indicating a moderate level of attractiveness for both long-term and short-term rental investments. The LTR Rentability is low, which may be due to the stagnant LTR Rent Growth Rate of 0.0%. However, the LTR Net ROI is relatively high at 15.97%, suggesting potential for long-term rental profitability. On the other hand, the STR Net ROI is lower at 2.3%, indicating lower profitability for short-term rentals. The 1-Year Price Appreciation Forecast of 2.64% suggests a stable market with modest growth potential. The STR Occupancy rate of 60.0% and STR Revenue of 1733 indicate a decent demand for short-term rentals in the area.

Binghamton, NY is a city located in upstate New York with a diverse economy driven by education, healthcare, and manufacturing industries. The city is home to several colleges and universities, which could attract a steady stream of students and faculty members in need of housing. Additionally, the healthcare sector provides stable employment opportunities, potentially increasing demand for rental properties.

In conclusion, Binghamton, NY may be a suitable market for long-term rental investments due to the relatively high LTR Net ROI and stable price appreciation forecast. However, the low LTR Rentability and moderate STR Genie Score suggest that short-term rental investments may not be as lucrative in this market. Real estate investors should carefully evaluate their investment goals and risk tolerance before deciding to invest in Binghamton, NY.