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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$2,369
$3,063
Appreciation
6.91%
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Job Growth
0%
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Population
106,412
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The LTR Genie Score of Davie, FL is 59 and STR Genie Score is 62, indicating a moderate to high potential for both long-term and short-term rental investments in the area. The LTR Rentability being low may be attributed to factors such as high property prices or low demand for long-term rentals in Davie. However, the LTR Net ROI of 21.07% and STR Net ROI of 23.24% suggest that both rental strategies can be profitable in this market. The 1-Year Price Appreciation Forecast of 1.93% indicates a stable market with potential for property value growth.
Davie, FL is a suburban town located in Broward County, known for its family-friendly atmosphere, top-rated schools, and proximity to major highways and attractions in South Florida. Real estate investors may find opportunities in both long-term and short-term rental properties due to the town's appeal to both residents and tourists.
In conclusion, Davie, FL presents a promising opportunity for real estate investors looking to capitalize on both long-term and short-term rental markets. With favorable ROI metrics and a stable price appreciation forecast, investors may consider diversifying their portfolio with properties in this area. It is recommended to conduct further market research and analysis to determine the best investment strategy based on individual goals and risk tolerance.