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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$2,560
$3,244
Appreciation
5.08%
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Job Growth
0.04%
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Population
82,140
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The LTR Genie Score of Folsom, CA is 51 and STR Genie Score is 47, indicating a moderate level of attractiveness for long-term rental investment and a low level of attractiveness for short-term rental investment. The LTR Rentability is high, which suggests that there is a strong demand for long-term rentals in the area. The LTR Net ROI of 12.2% is also favorable, indicating a good return on investment for long-term rental properties. On the other hand, the 1-Year Price Appreciation Forecast is negative, which may impact the potential for short-term rental investment in the area.
Folsom, CA is a growing city located in Sacramento County, known for its high quality of life, excellent schools, and outdoor recreational opportunities. The city has a strong job market, with major employers in the technology, healthcare, and education sectors. Folsom is also home to a diverse population, making it an attractive location for real estate investment.
In conclusion, Folsom, CA may be a more attractive market for long-term rental investment due to its high LTR Rentability and favorable LTR Net ROI. However, investors should consider the negative 1-Year Price Appreciation Forecast when making investment decisions. Short-term rental investment may not be as lucrative in this market based on the lower STR Genie Score. Overall, Folsom, CA presents opportunities for real estate investors, particularly in the long-term rental sector.