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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$2,142
$6,269
Appreciation
Data-driven answers to common investor questions about this market.
5.97%
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Job Growth
-0.02%
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Population
14,018
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The LTR Genie Score of Destin, FL is 46, indicating a low rentability for long-term rental properties in the area. This is likely due to the low LTR Rent Growth Rate of 0.063% and the 1-Year Price Appreciation Forecast of only 0.4%. On the other hand, the STR Genie Score is 83, showing a high rentability for short-term rental properties. This is supported by the high STR Net ROI of 42.63% and the STR Occupancy rate of 72.73%.
Destin, FL is a popular tourist destination known for its stunning beaches and outdoor activities, making it a prime location for short-term rental investments. With a strong demand for vacation rentals and high occupancy rates, investors can expect a favorable return on investment in the short-term rental market in Destin.
Based on the metrics provided, it is recommended for real estate investors to focus on short-term rental investments in Destin, FL. The high STR Genie Score and strong indicators for short-term rentals make it a more attractive option compared to long-term rentals in this market. Investors can capitalize on the tourism industry and capitalize on the high demand for vacation rentals in the area.