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Joshua Tree, 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
$1,967
Monthly Cash Flow
-$241
Principal + Equity
$3,556
Annual Total Gain
$39,785
Cash on Cash
-3.33%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$277
Occupancy Rate
53.33%
Monthly Revenue
$3,844
Monthly Cash Flow
$1,060
Principal + Equity
$3,556
Annual Total Gain
$55,393
Cash on Cash %
14.66%
Net ROI %
Market Health & Growth
Median Income
$64,036
Population
6,767
LTR Renter %
32.29%
Forecast (1 yr)
2.8%
Appreciation (1 yr)
-11.09%
Appreciation (5 yr)
46.47%
Appreciation (10 yr)
193.6%
Job Growth
13.52%
LTR Rentability
High
STR Demand
52
STR Rentals
1,407
Top Public Schools
CFriendly Hills Elementary School
CYucca Mesa Elementary School
C
C-
C-
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
Best Places to Retire in California
#363out of 816 markets
Most Diverse Places to Live in California
#846out of 1762 markets
Best Places for Young Professionals in California
#1273out of 1762 markets
C
Public School
F
Crime And Safety
C
Housing
C
Nightlife
C
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 Joshua Tree, CA.
In Joshua Tree, CA, Short Term Rentals (STRs) are regulated by the San Bernardino County Land Use Services Department. Investors looking to purchase a property for STR purposes should be aware of the following regulations:
1. Permit Requirement: STRs in Joshua Tree require a permit from the county in order to operate legally. The permit application process typically involves submitting an application, paying a fee, and meeting certain requirements set by the county.
2. Zoning Restrictions: STRs must be located in areas zoned for short term rentals. Investors should check the zoning regulations in Joshua Tree to ensure that the property they are interested in purchasing is eligible for an STR permit.
3. Occupancy Limits: There may be occupancy limits imposed on STRs in Joshua Tree, which dictate the maximum number of guests allowed to stay in the property at any given time. Investors should be aware of these limits and ensure they comply with them.
4. Noise Regulations: Noise regulations are in place to ensure that STRs do not disturb the peace and quiet of the neighborhood. Investors should familiarize themselves with these regulations and take steps to minimize noise disturbances from their property.
5. Taxation: Investors should be aware of any transient occupancy taxes or other taxes that may apply to STRs in Joshua Tree. It is important to factor in these additional costs when considering the financial viability of an investment property.
6. Code Compliance: STR properties must comply with building and safety codes to ensure the safety of guests. Investors should ensure that the property they are interested in purchasing meets all necessary code requirements.
By being aware of and complying with these regulations, investors can ensure that their investment in a Short Term Rental property in Joshua Tree, CA is successful and legally compliant.
Market Trends Over Time
Explore 25 years of market data for Joshua Tree, 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 Joshua Tree, CA.
The LTR Genie Score of Joshua Tree, CA is 73 and STR Genie Score is 79, indicating a high level of rentability for both long-term and short-term rental investments in this market. The LTR Net ROI of 45.84% and STR Net ROI of 63.83% further support the attractiveness of investing in rental properties in Joshua Tree. The 1-Year Price Appreciation Forecast of 2.8% suggests potential for property value growth in the near future.
Joshua Tree, CA is a popular destination for tourists and outdoor enthusiasts due to its proximity to Joshua Tree National Park, which could explain the high STR Genie Score. The area's unique desert landscape and artistic community also make it an appealing location for long-term renters.
Based on the metrics provided, Joshua Tree, CA appears to be a promising market for both long-term and short-term rental investments. Investors may consider diversifying their portfolio by investing in both rental strategies to maximize returns in this growing market. Additionally, the forecasted price appreciation suggests potential for long-term capital gains for investors in Joshua Tree.
LTR Genie Score 93
$299,900
🛏 3 Beds🛁 2.0000 Baths🏙 1,120 sqft.🏠 SINGLE FAMILY