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Browse available listings with estimated rent, projected ROI, and cash flow analysis. Filter by price, type, and investment metrics.
Explore rental performance, cash flow, appreciation, and local economic trends to understand how these properties fit into the overall investment story.
Use Property Insight to calculate ROI, cash flow, and cap rate for any address in Elk Grove, CA.
Get a quick view of rental returns, appreciation trends, and local growth data to evaluate real estate market strength and investment potential.
Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$2,657
$3,252
Appreciation
Data-driven answers to common investor questions about this market.
6.23%
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Job Growth
0.01%
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Population
177,221
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The LTR Genie Score of Elk Grove, CA is 49 and STR Genie Score is 57, indicating a moderate level of rentability for both long-term and short-term rental investments. The LTR Rent Growth Rate of 0.0582% suggests a steady increase in rental prices over time, while the 1-Year Price Appreciation Forecast of -0.6% may indicate a slight decrease in property values in the near future. The LTR Net ROI of 20.14% and STR Net ROI of 20.95% show promising returns for both rental strategies.
The higher STR Genie Score compared to the LTR Genie Score could be attributed to the higher occupancy rate of 61.29% and revenue of 3252 for short-term rentals. This indicates that there may be more demand for short-term rental properties in Elk Grove, potentially leading to higher profits for investors.
Overall, Elk Grove, CA appears to be a favorable market for both long-term and short-term rental investments. With positive net ROI for both strategies and a higher STR Genie Score, investors may consider diversifying their portfolio by investing in both rental options. Additionally, the steady rent growth rate and relatively high occupancy rate for short-term rentals suggest a stable and potentially lucrative market for real estate investors in Elk Grove.