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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,630
$3,034
Appreciation
Data-driven answers to common investor questions about this market.
6.87%
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Job Growth
0%
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Population
176,686
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The LTR Genie Score of Carry, NC is 58, indicating a moderate level of rentability for long-term rental properties in the area. The STR Genie Score is 80, suggesting a high level of rentability for short-term rental or Airbnb properties. The higher STR Genie Score can be attributed to the strong STR Net ROI of 30.91% and the high STR Occupancy rate of 70.0%. On the other hand, the LTR Rent Growth Rate of 0.0446% may have contributed to the lower LTR Genie Score.
In comparison, the STR Genie Score is significantly higher than the LTR Genie Score, indicating that short-term rental investment may be more attractive in Carry, NC compared to long-term rental investment. The 1-Year Price Appreciation Forecast of 1.0% also suggests potential for property value growth in the area.
Carry, NC is a growing market with a diverse economy and a strong job market, making it an attractive location for real estate investment. With the high STR Genie Score and positive 1-Year Price Appreciation Forecast, investors may find success in short-term rental properties in this area. However, long-term rental investment may not be as lucrative due to the lower LTR Genie Score. Ultimately, investors should consider their investment goals and risk tolerance when deciding on the type of rental property to pursue in Carry, NC.