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Dunnellon, FL Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,793
Monthly Cash Flow
$39
Principal + Equity
$2,159
Annual Total Gain
$26,381
Cash on Cash
0.69%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$203
Occupancy Rate
50%
Monthly Revenue
$2,456
Monthly Cash Flow
$334
Principal + Equity
$2,159
Annual Total Gain
$29,914
Cash on Cash %
5.84%
Net ROI %
Market Health & Growth
Median Income
$40,707
Population
2,434
LTR Renter %
26.89%
Forecast (1 yr)
1.62%
Appreciation (1 yr)
-3.37%
Appreciation (5 yr)
52.01%
Appreciation (10 yr)
126.59%
Job Growth
9.75%
LTR Rentability
Very High
STR Demand
56
STR Rentals
395
Top Public Schools
BMadison Street Academy of Visual & Performing Arts
B-Marion Charter School
C
C
C-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
C
Overall
Top-level market grade
Best Places to Retire in Florida
#292out of 660 markets
Most Diverse Places to Live in Florida
#959out of 1195 markets
Places with the Lowest Cost of Living in Florida
#142out of 1193 markets
C
Public School
C
Crime And Safety
C
Housing
C
Nightlife
C
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Dunnellon, FL.
In Dunnellon, FL, Short Term Rental (STR) regulations are governed by the City of Dunnellon Code of Ordinances. Investors looking to purchase a property for short term rental purposes should be aware of the following regulations:
1. Registration and Licensing: All short term rental properties in Dunnellon must be registered with the city and obtain a short term rental license. This license must be renewed annually.
2. Zoning Restrictions: Dunnellon has specific zoning regulations that dictate where short term rentals are allowed to operate. Investors should ensure that the property they are considering purchasing is located in a zoning district that permits short term rentals.
3. Occupancy Limits: The city of Dunnellon has occupancy limits for short term rental properties, which vary depending on the size of the property. Investors should be aware of these limits and ensure that they comply with them.
4. Noise and Nuisance Regulations: Dunnellon has noise and nuisance regulations that apply to short term rental properties. Investors should ensure that their property is in compliance with these regulations to avoid potential fines or penalties.
5. Safety and Health Regulations: Short term rental properties in Dunnellon must meet certain safety and health standards. Investors should ensure that their property meets these standards and is equipped with necessary safety features such as smoke detectors and fire extinguishers.
6. Taxation: Investors should be aware of the tax implications of operating a short term rental property in Dunnellon. This may include occupancy taxes, sales taxes, and other local taxes that must be collected and remitted to the appropriate authorities.
Overall, investors should thoroughly research and understand the Short Term Rental regulations in Dunnellon, FL before purchasing a property for this purpose. Failure to comply with these regulations can result in fines, penalties, and potentially the loss of the short term rental license.
Market Trends Over Time
Explore 25 years of market data for Dunnellon, FL, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Dunnellon, FL.
The LTR Genie Score of Dunnellon, FL is 83 and STR Genie Score is 68, indicating a very high and high rating respectively. The high LTR Genie Score can be attributed to the high LTR Rentability and LTR Net ROI of 38.46%, showcasing the potential for long-term rental investment in Dunnellon. On the other hand, the STR Genie Score is slightly lower due to the moderate STR Revenue and STR Occupancy rate of 50.0.
Dunnellon, FL is a small town located in Marion County known for its natural beauty and outdoor recreational activities, making it an attractive destination for tourists and potential renters. With a 1-Year Price Appreciation Forecast of 1.62%, the market shows steady growth potential for real estate investors.
Based on the metrics provided, Dunnellon, FL seems to be a more attractive market for long-term rental investment due to the high LTR Genie Score and favorable LTR Net ROI. However, investors may also consider exploring short-term rental opportunities to capitalize on the town's appeal to tourists and outdoor enthusiasts. Ultimately, a diversified investment strategy that includes both long-term and short-term rentals could be beneficial in maximizing returns in Dunnellon, FL.
LTR Genie Score 93
$655,000
🛏 2 Beds🛁 6.0000 Baths🏙 5,693 sqft.🏠 SINGLE FAMILY
