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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,315
$1,584
Appreciation
Data-driven answers to common investor questions about this market.
7.92%
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Job Growth
0.06%
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Population
25,344
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The LTR Genie Score of Corsicana, TX is 80, indicating a high level of rentability for long-term rental properties in the area. The STR Genie Score of 55 suggests moderate potential for short-term rental or Airbnb properties. The LTR Net ROI of 38.28% is slightly higher than the STR Net ROI of 39.15%, indicating that long-term rental investments may offer slightly better returns in this market. The 1-Year Price Appreciation Forecast of 1.8% suggests steady growth potential for property values in Corsicana.
Corsicana, TX is a small city located in Navarro County, known for its historic downtown area and proximity to recreational activities like fishing and boating on nearby lakes. The city has a diverse economy with industries such as manufacturing, education, and healthcare, providing a stable base for rental property investments.
Overall, Corsicana, TX appears to be a promising market for real estate investors, particularly for long-term rental properties. With a high LTR Genie Score, steady rent growth, and attractive ROI, investors may find success in purchasing and renting out properties in this area. Short-term rental opportunities also exist, but the slightly lower STR Genie Score suggests that long-term rentals may be a more lucrative option in this market. It is recommended for investors to consider both LTR and STR options based on their investment goals and risk tolerance.