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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,995
$2,356
Appreciation
8.03%
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Job Growth
0.01%
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Population
135,015
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The LTR Genie Score of Kent, WA is 51 and STR Genie Score is 55, indicating a moderate level of attractiveness for both long-term and short-term rental investments. The LTR Rentability is moderate, suggesting that there may be some competition in the long-term rental market. The STR Genie Score is slightly higher, indicating a slightly more favorable environment for short-term rental investments. The 1-Year Price Appreciation Forecast of 0.4% suggests that the market may see some growth in property values in the near future.
Kent, WA is a suburban city located in the Seattle metropolitan area, known for its diverse population and strong economy. The city offers a mix of urban amenities and outdoor recreational opportunities, making it an attractive location for both residents and visitors.
Overall, Kent, WA may be a suitable market for both long-term and short-term rental investments. Investors should consider factors such as rental demand, competition, and market trends before making a decision. It may be beneficial to diversify investments by considering both long-term and short-term rental properties in this market.