LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,466
Monthly Cash Flow
-$244
Principal + Equity
$3,758
Annual Total Gain
$42,166
Cash on Cash
-2.63%
Net ROI %
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
C
Overall
Top-level market grade
Places with the Best Public Schools in Florida
#210out of 660 markets
Best Suburbs for Young Professionals in Florida
#297out of 380 markets
Suburbs with the Best Public Schools in Florida
#131out of 380 markets
B
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Hialeah, FL.
As of September 2021, Hialeah, FL does not have specific regulations in place for short-term rentals (STRs) such as those found on platforms like Airbnb or Vrbo. However, it is important for investors to be aware of potential future regulations that may be implemented, as the city council has discussed the possibility of introducing STR regulations in the future.
Investors should also be aware of any homeowner association (HOA) rules or restrictions that may prohibit or limit short-term rentals in certain neighborhoods or communities within Hialeah. It is important to thoroughly review HOA documents and bylaws before purchasing a property for the purpose of short-term rentals.
Additionally, investors should consider the potential impact of taxes on short-term rental income in Hialeah. Florida has a state sales tax of 6% on short-term rentals, as well as additional local taxes that may apply. It is important to understand and comply with all tax regulations related to short-term rentals in Hialeah.
Overall, investors should conduct thorough research and due diligence before purchasing a property for short-term rental purposes in Hialeah, FL. It is important to stay informed about any potential regulations, restrictions, or taxes that may affect the profitability and legality of operating a short-term rental in this market.
Market Trends Over Time
Explore 25 years of market data for Hialeah, FL, 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 Hialeah, FL.
The LTR Genie Score of Hialeah, FL is 73, indicating a moderate level of attractiveness for long-term rental investment. The STR Genie Score is 59, which is also in the moderate range. The LTR Rentability is moderate, with a rent growth rate of 0.0598% and a net ROI of 37.91%. On the other hand, the STR Net ROI is slightly lower at 29.65%, with an occupancy rate of 64.29% and revenue of $2000.
The LTR Genie Score is higher than the STR Genie Score, suggesting that Hialeah, FL may be more suitable for long-term rental investment compared to short-term rental or Airbnb. The 1-year price appreciation forecast of 1.77% indicates a stable market with potential for growth.
Hialeah, FL is a diverse city known for its strong Hispanic culture and vibrant community. With a growing population and a mix of residential and commercial properties, it offers a range of investment opportunities for real estate investors.
In conclusion, Hialeah, FL appears to be a promising market for long-term rental investment, given its moderate LTR Genie Score and positive rent growth rate. While the STR Genie Score is also moderate, the higher LTR Genie Score suggests that long-term rental properties may offer better returns in this market. Investors looking for stable rental income and potential for appreciation may find Hialeah, FL to be an attractive option for long-term rental investment.
