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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$2,065
$1,567
Appreciation
9.06%
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Job Growth
0.03%
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Population
6,803
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The LTR Genie Score of Lake Alfred, FL is 81, indicating a very high level of rentability for long-term rental properties in the area. This is likely due to the high LTR Net ROI of 41.14%, suggesting strong potential for long-term rental income. On the other hand, the STR Genie Score is 50, which falls in the moderate range. This is likely influenced by the relatively low STR Net ROI of 29.77% and the STR Occupancy rate of 51.79%.
Lake Alfred, FL is forecasted to have a 1-year price appreciation of 1.3%, which may be a factor to consider for real estate investors looking for long-term growth potential. Based on the metrics provided, Lake Alfred, FL appears to be more attractive for long-term rental investment due to the high LTR Genie Score and Net ROI. However, investors may also consider diversifying their portfolio with some short-term rental properties to capitalize on the potential for higher revenue in the area. Ultimately, the decision on whether to invest in long-term or short-term rentals in Lake Alfred, FL will depend on individual investment goals and risk tolerance.