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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$2,361
$3,288
Appreciation
Data-driven answers to common investor questions about this market.
7.58%
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Job Growth
-0.01%
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Population
152,935
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The LTR Genie Score of Hollywood, FL is 66 and the STR Genie Score is 71, indicating a moderate to high level of attractiveness for both long-term and short-term rental investments. The LTR Rentability is low, which may be attributed to the relatively low LTR Rent Growth Rate of 0.0588%. However, the LTR Net ROI of 26.65% and the STR Net ROI of 31.36% suggest that investors can still achieve favorable returns in both rental markets. The 1-Year Price Appreciation Forecast of 1.73% indicates potential growth in property values. The STR Occupancy rate of 64.29% and STR Revenue of 3288 also point towards a strong demand for short-term rentals in Hollywood, FL.
Hollywood, FL is a vibrant city known for its beautiful beaches, diverse cultural scene, and thriving tourism industry. With its proximity to major attractions and amenities, the real estate market in Hollywood offers a mix of investment opportunities for both long-term and short-term rental properties.
In conclusion, Hollywood, FL presents an attractive market for real estate investors looking to capitalize on both long-term and short-term rental opportunities. With favorable ROI metrics and a strong demand for short-term rentals, investors may consider diversifying their portfolio by investing in both rental markets in Hollywood, FL.