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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$2,078
$1,846
Appreciation
8.49%
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Job Growth
0%
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Population
29,559
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The LTR Genie Score of Johntown, RI is 71, indicating a moderate level of rentability for long-term rental properties in this market. On the other hand, the STR Genie Score is 56, suggesting a lower level of rentability for short-term rental properties. The LTR Net ROI of 37.51% is higher than the STR Net ROI of 31.98%, indicating that long-term rental investments may provide a better return on investment in Johntown, RI. Additionally, the 1-Year Price Appreciation Forecast of 3.0% suggests potential growth in property values in the near future.
Johntown, RI is a small town with a growing population and a strong sense of community. The local economy is stable, with a diverse range of industries providing employment opportunities. The town is known for its excellent schools, low crime rates, and beautiful natural surroundings, making it an attractive location for families and retirees.
Based on the metrics provided, Johntown, RI appears to be a more attractive market for long-term rental investment rather than short-term rental investment. With a higher LTR Genie Score and Net ROI, investors may find more success in the long-term rental market in this area. However, it is important to conduct further research and analysis to fully understand the market dynamics and make informed investment decisions.