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Browse available listings with estimated rent, projected ROI, and cash flow analysis. Filter by price, type, and investment metrics.
Explore rental performance, cash flow, appreciation, and local economic trends to understand how these properties fit into the overall investment story.
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Get a quick view of rental returns, appreciation trends, and local growth data to evaluate real estate market strength and investment potential.
Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$2,231
$2,949
Appreciation
5.2%
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Job Growth
-0%
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Population
31,792
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Data-driven answers to common investor questions about this market.
The LTR Genie Score of Ithaca, NY is 59 and STR Genie Score is 64, indicating a moderate to high level of investment potential in both long-term and short-term rental markets. The LTR Rentability is low, which may be due to factors such as high property prices or low demand for long-term rentals in the area. However, the LTR Net ROI of 15.09% suggests that long-term rental investments can still be profitable. On the other hand, the STR Net ROI of 18.33% and high STR Genie Score indicate that short-term rental investments may offer higher returns and better rentability in Ithaca.
Ithaca, NY is known for being a college town with a strong rental market driven by students and faculty members from Cornell University and Ithaca College. This can create opportunities for both long-term and short-term rental investments, as there is a consistent demand for housing in the area. Additionally, the 1-Year Price Appreciation Forecast of 1.7% suggests that property values in Ithaca are expected to increase slightly in the near future, making it a potentially lucrative market for real estate investors.
In conclusion, Ithaca, NY presents opportunities for both long-term and short-term rental investments, with the potential for solid returns in both markets. Investors may want to consider diversifying their portfolio by investing in both rental strategies to maximize their profits in this market.