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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,249
$1,245
Appreciation
4.47%
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Job Growth
0.01%
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Population
71,669
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The LTR Genie Score of Harlingen, TX is 56 and STR Genie Score is 44, indicating a moderate level of attractiveness for long-term rental investment and a lower level for short-term rental investment. The LTR Rentability is moderate, with a LTR Net ROI of 13.81%, while the STR Net ROI is lower at 9.07%. The LTR Rent Growth Rate is stagnant at 0.0%, suggesting potential for stable long-term rental income. The 1-Year Price Appreciation Forecast is modest at 1.25%, indicating steady growth in property values. The STR Occupancy rate is 51.61%, with a revenue of $1245.
Harlingen, TX is a growing city located in the Rio Grande Valley, known for its affordable cost of living and proximity to the border. The real estate market in Harlingen offers opportunities for investors looking for stable long-term rental income with potential for property value appreciation.
Based on the metrics provided, Harlingen, TX appears to be more attractive for long-term rental investment due to its higher LTR Genie Score and Net ROI compared to short-term rental investment. Investors may find success in acquiring rental properties in Harlingen for consistent rental income and potential property value appreciation. However, it is important to conduct further market research and analysis to make an informed decision on investment strategies in this market.