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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,816
$1,929
Appreciation
6.64%
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Job Growth
0.01%
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Population
78,791
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The LTR Genie Score of Bloomington, IN is 65 and STR Genie Score is 52, indicating a high and moderate level of attractiveness for long-term rental and short-term rental investments, respectively. The high LTR Rentability and LTR Net ROI suggest that Bloomington is a strong market for long-term rental investments, with a steady rent growth rate and high potential for return on investment. On the other hand, the moderate STR Genie Score and lower STR Net ROI indicate that short-term rental investments may not be as lucrative in this market compared to long-term rentals.
Bloomington, IN is a college town home to Indiana University, which can provide a steady stream of potential tenants for long-term rentals. The 1-Year Price Appreciation Forecast of 1.54% suggests a stable market with potential for property value growth. However, the low STR Occupancy rate of 38.46 and STR Revenue of 1929 indicate that short-term rentals may not be as profitable in this market.
Based on the metrics provided, Bloomington, IN appears to be more attractive for long-term rental investments due to its high LTR Rentability, LTR Net ROI, and overall LTR Genie Score. Real estate investors looking for stable rental income and potential for long-term growth may find this market to be a favorable option for investment.