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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,638
$2,278
Appreciation
Data-driven answers to common investor questions about this market.
5.72%
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Job Growth
-0.06%
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Population
21,612
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The LTR Genie Score of Dickinson, TX is 58, indicating a moderate level of rentability for long-term rental properties in the area. The STR Genie Score is 46, suggesting a slightly lower potential for short-term rental or Airbnb investments. The LTR Rent Growth Rate of 0.0% may have contributed to the lower STR Genie Score, as it indicates stagnant rental growth in the market. However, both LTR and STR Net ROI are relatively high, with STR showing a slightly higher return at 27.48%. The 1-Year Price Appreciation Forecast of 0.2% suggests stable property value growth in the near future. STR Occupancy rate of 43.41% and STR Revenue of 2278 also indicate a decent demand for short-term rentals in the area.
Dickinson, TX is a growing city located near the Gulf Coast, offering proximity to beaches and outdoor recreational activities. The market may attract tourists and seasonal visitors, making it potentially suitable for short-term rental investments.
In conclusion, based on the metrics provided, Dickinson, TX seems to offer opportunities for both long-term and short-term rental investments. The higher LTR Net ROI and moderate LTR Genie Score suggest that long-term rentals could be a stable investment option. However, the slightly higher STR Net ROI and potential for tourism in the area make short-term rentals a viable choice as well. Real estate investors may consider diversifying their portfolio by investing in both long-term and short-term rental properties in Dickinson, TX.