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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$2,454
$2,484
Appreciation
Data-driven answers to common investor questions about this market.
3.97%
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Job Growth
-0.01%
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Population
41,224
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The LTR Genie Score of Hallandale Beach, FL is 74, indicating a moderate level of attractiveness for long-term rental investment. This score is influenced by factors such as a moderate LTR Rentability, a positive LTR Rent Growth Rate, and a high LTR Net ROI of 30.7%. On the other hand, the STR Genie Score is 68, also falling in the moderate range. This score is impacted by a decent STR Net ROI of 24.86%, a positive 1-Year Price Appreciation Forecast, and a moderate STR Occupancy rate of 58.62%.
Hallandale Beach, FL is a coastal city known for its beautiful beaches, vibrant nightlife, and proximity to major attractions like Gulfstream Park Racing and Casino. The real estate market in this area is diverse, offering a mix of residential properties and vacation rentals.
Based on the metrics provided, Hallandale Beach, FL seems to be a favorable market for both long-term and short-term rental investments. The positive LTR Net ROI and STR Net ROI suggest that investors can potentially earn a good return on their investment in both rental strategies. Additionally, the 1-Year Price Appreciation Forecast indicates potential growth in property values. Overall, investors may find success in diversifying their portfolio with both long-term and short-term rental properties in Hallandale Beach, FL.