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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
$1,218
$1,909
Appreciation
Data-driven answers to common investor questions about this market.
7.8%
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Job Growth
-0%
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Population
70,650
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The LTR Genie Score of Lafayette, IN is 66 and STR Genie Score is 68, indicating a moderate to high potential for both long-term and short-term rental investments in the area. The LTR Rentability being very low may be attributed to factors such as high vacancy rates or low demand for long-term rentals in Lafayette. On the other hand, the STR Genie Score being slightly higher could be due to a better occupancy rate and revenue potential for short-term rentals in the market.
Lafayette, IN is a city located in Tippecanoe County, known for its strong economy driven by industries such as manufacturing, education, and healthcare. The presence of Purdue University also contributes to a steady demand for rental properties in the area.
Considering the metrics provided, real estate investors may find more success in short-term rental investments in Lafayette, IN due to the higher STR Genie Score, net ROI, and occupancy rate. However, it is important to conduct further research and analysis to determine the best investment strategy based on individual goals and risk tolerance.