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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$3,451
$1,920
Appreciation
Data-driven answers to common investor questions about this market.
6.35%
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Job Growth
-0%
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Population
48,340
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The LTR Genie Score of Cerritos, CA is 49 and STR Genie Score is 42, indicating a moderate level of attractiveness for both long-term and short-term rental investments. The LTR Rentability is moderate, with a Rent Growth Rate of 0.0%, suggesting stable rental demand. The LTR Net ROI of 16.86% is relatively high, while the STR Net ROI of 8.51% is lower, indicating that long-term rentals may be more profitable in this market. The 1-Year Price Appreciation Forecast of 1.1% suggests modest growth potential. The STR Occupancy rate of 58.06% and revenue of 1920 indicate a moderate demand for short-term rentals.
Cerritos, CA is a suburban city located in Los Angeles County, known for its excellent schools, safe neighborhoods, and convenient access to major freeways. The city offers a mix of single-family homes and townhouses, making it a desirable location for families and young professionals.
Based on the metrics provided, Cerritos, CA appears to be more suitable for long-term rental investments due to the higher LTR Net ROI and stable rental demand. However, investors may also consider diversifying their portfolio with some short-term rentals to capitalize on the moderate demand in the area. Overall, Cerritos, CA presents a balanced opportunity for real estate investors looking for steady returns in a suburban market.