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Hemet, CA 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
$1,846
Monthly Cash Flow
-$832
Principal + Equity
$3,318
Annual Total Gain
$29,830
Cash on Cash
-9.07%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$200
Occupancy Rate
54.55%
Monthly Revenue
$2,215
Monthly Cash Flow
-$795
Principal + Equity
$3,318
Annual Total Gain
$30,269
Cash on Cash %
-8.67%
Net ROI %
Market Health & Growth
Median Income
$53,623
Population
90,646
LTR Renter %
36.85%
Forecast (1 yr)
1.67%
Appreciation (1 yr)
-2.36%
Appreciation (5 yr)
48.34%
Appreciation (10 yr)
118.3%
Job Growth
3.01%
LTR Rentability
Very High
STR Demand
40
STR Rentals
132
Top Public Schools
AWestern Center Academy
A-San Jacinto Leadership Academy - Magnet
B
B
B
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
D
Overall
Top-level market grade
Most Diverse Suburbs in California
#64out of 526 markets
Most Diverse Places to Live in California
#247out of 1762 markets
C
Public School
D
Crime And Safety
D-
Housing
C
Nightlife
D
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 Hemet, CA.
As of September 2021, Hemet, CA does not have specific regulations in place for short term rentals. However, it is important for investors to be aware of potential changes in regulations and to stay informed about any developments in the area.
Investors should also consider the potential impact of short term rentals on the community and the local housing market. Some cities have implemented regulations to address concerns such as noise, parking, and the availability of affordable housing.
Before investing in a property for short term rental in Hemet, CA, investors should research the current regulations and consider consulting with a local real estate agent or attorney to understand any potential risks or restrictions. It is also important to consider the potential for changes in regulations in the future and to factor this into their investment decision.
Market Trends Over Time
Explore 25 years of market data for Hemet, CA, 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 Hemet, CA.
The LTR Genie Score of Hemet, CA is 71, indicating a high level of rentability for long-term rental properties in the area. This is supported by the LTR Net ROI of 27.1% and a positive rent growth rate of 0.0739%. On the other hand, the STR Genie Score of 51 suggests that short-term rental properties may not be as lucrative in this market. The 1-Year Price Appreciation Forecast of 1.67% also indicates a stable market for long-term investments.
Hemet, CA is a city located in Riverside County, known for its affordable housing options and proximity to major cities like Los Angeles and San Diego. The area offers a suburban feel with a mix of residential neighborhoods and commercial developments, making it an attractive option for real estate investors looking for steady rental income.
Based on the metrics provided, Hemet, CA seems to be a more attractive market for long-term rental investments rather than short-term rentals. With a high LTR Genie Score and favorable ROI, investors can expect a stable and profitable return on their investment in the long run. However, it is always recommended to conduct thorough market research and due diligence before making any investment decisions.
LTR Genie Score 93
$90,000
🛏 2 Beds🛁 2.0000 Baths🏙 1,392 sqft.🏠 SINGLE FAMILY
