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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$2,854
$3,564
Appreciation
6.79%
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Job Growth
-0.02%
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Population
105,165
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The LTR Genie Score of Burbank, CA is 47, indicating a moderate level of rentability for long-term rental properties. This score is influenced by the LTR Rent Growth Rate of 0.0445% and the LTR Net ROI of 15.35%. On the other hand, the STR Genie Score is 59, suggesting a higher level of rentability for short-term rental properties. This score is supported by the higher STR Net ROI of 16.08% and the STR Occupancy rate of 76.67.
Burbank, CA is a popular city known for its entertainment industry and close proximity to major attractions like Universal Studios and Warner Bros. Studios. This can attract both long-term and short-term renters looking for a convenient location.
Based on the metrics provided, Burbank, CA seems to be more attractive for short-term rental investments due to the higher STR Genie Score and Net ROI. With a strong occupancy rate and revenue potential, investors may find success in the short-term rental market in this area. However, long-term rental investments can still be viable with a moderate LTR Genie Score and positive Net ROI. Ultimately, investors should consider their investment goals and risk tolerance when deciding between long-term and short-term rental properties in Burbank, CA.