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Gastonia, NC 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
$1,567
Monthly Cash Flow
-$326
Principal + Equity
$2,451
Annual Total Gain
$25,501
Cash on Cash
-5.69%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$156
Occupancy Rate
63.96%
Monthly Revenue
$2,141
Monthly Cash Flow
-$73
Principal + Equity
$2,451
Annual Total Gain
$28,537
Cash on Cash %
-1.28%
Net ROI %
Market Health & Growth
Median Income
$60,554
Population
81,632
LTR Renter %
45.83%
Forecast (1 yr)
2.07%
Appreciation (1 yr)
0.69%
Appreciation (5 yr)
56.2%
Appreciation (10 yr)
153.95%
Job Growth
1.85%
LTR Rentability
High
STR Demand
53
STR Rentals
137
Top Public Schools
AHighland School of Technology
A-Oakridge Elementary School
A-
B
B
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B-
Overall
Top-level market grade
Most Diverse Suburbs in North Carolina
#15out of 185 markets
Most Diverse Places to Live in North Carolina
#50out of 509 markets
Best Suburbs for Young Professionals in North Carolina
#98out of 185 markets
C
Public School
D
Crime And Safety
C
Housing
B-
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 Gastonia, NC.
As of September 2021, Gastonia, NC does not have specific regulations in place for short-term rentals (STRs). However, it is important for investors to be aware of potential changes in regulations and to stay informed about any updates from the city government.
Investors should also consider the potential impact of STRs on the local community, including issues such as noise complaints, parking concerns, and changes in neighborhood character. It is important to be a responsible host and to communicate with neighbors to address any concerns that may arise.
Additionally, investors should be aware of any potential taxes or fees that may apply to STRs in Gastonia, such as occupancy taxes or business license fees. It is important to understand the financial implications of operating a short-term rental property in this market.
Overall, investors should thoroughly research the market and consider all potential risks and regulations before investing in a property for short-term rental in Gastonia, NC.
Market Trends Over Time
Explore 25 years of market data for Gastonia, NC, 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 Gastonia, NC.
The LTR Genie Score of Gastonia, NC is 81 and the STR Genie Score is 74, indicating that both long-term rental and short-term rental investment opportunities are favorable in this market. The high LTR Genie Score can be attributed to the high LTR Rentability, LTR Net ROI of 37.07%, and positive 1-Year Price Appreciation Forecast of 2.07%. On the other hand, the STR Genie Score is slightly lower due to the lower STR Net ROI of 41.48% and STR Occupancy rate of 63.96%.
Gastonia, NC is a growing city located in the Charlotte metropolitan area, offering a mix of urban amenities and suburban charm. With a strong job market and affordable housing options, the real estate market in Gastonia is poised for growth, making it an attractive destination for real estate investors.
Based on the metrics provided, Gastonia, NC appears to be a promising market for both long-term rental and short-term rental investments. Investors may consider diversifying their portfolio by exploring opportunities in both rental strategies to maximize their returns in this growing market.
LTR Genie Score 84
$175,000
🛏 4 Beds🛁 2.0000 Baths🏙 1,357 sqft.🏠 SINGLE FAMILY
