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Lake City, FL 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
$1,471
Monthly Cash Flow
-$209
Principal + Equity
$1,989
Annual Total Gain
$21,364
Cash on Cash
-3.83%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$146
Occupancy Rate
48%
Monthly Revenue
$1,348
Monthly Cash Flow
-$533
Principal + Equity
$1,989
Annual Total Gain
$17,464
Cash on Cash %
-9.8%
Net ROI %
Market Health & Growth
Median Income
$51,175
Population
12,404
LTR Renter %
60.18%
Forecast (1 yr)
2.3%
Appreciation (1 yr)
-0.52%
Appreciation (5 yr)
52.15%
Appreciation (10 yr)
120.23%
Job Growth
2.12%
LTR Rentability
High
STR Demand
28
STR Rentals
96
Top Public Schools
A-Belmont Academy
BWestside Elementary School
B-
B-
B-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Most Diverse Places to Live in Florida
#286out of 1195 markets
Places with the Best Public Schools in Florida
#308out of 660 markets
Places with the Lowest Cost of Living in Florida
#96out of 1193 markets
B
Public School
D
Crime And Safety
B-
Housing
B-
Nightlife
B-
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 Lake City, FL.
As of September 2021, Lake City, FL does not have specific regulations in place for short term rentals (STRs). However, it is important for investors to be aware of potential changes in regulations and to stay informed about any updates from the local government.
Investors should also consider the potential impact of STRs on the community, including concerns about noise, parking, and property maintenance. It is important to be a responsible host and to communicate with neighbors to address any concerns that may arise.
Additionally, investors should be aware of any potential licensing or permitting requirements for STRs in Lake City, FL. It is recommended to consult with a local real estate attorney or property management company to ensure compliance with any applicable regulations.
Overall, while Lake City, FL currently does not have specific regulations in place for STRs, investors should stay informed about any changes and be proactive in addressing any potential concerns from the community.
Market Trends Over Time
Explore 25 years of market data for Lake City, FL, 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 Lake City, FL.
The LTR Genie Score of Lake City, FL is 82, indicating a very high potential for long-term rental investment. This high score is likely due to the high LTR Rentability and impressive LTR Net ROI of 32.71%. On the other hand, the STR Genie Score of 49 suggests a moderate potential for short-term rental investment, with a lower STR Net ROI of 26.74% and STR Occupancy rate of 48.0.
Lake City, FL is forecasted to have a 1-year price appreciation of 2.3%, which could be attractive for investors looking for long-term growth potential. Additionally, the LTR Rent Growth Rate of 0.0% may indicate stability in rental prices, providing a reliable income stream for long-term rental investors.
Considering the high LTR Genie Score, stable rental prices, and forecasted price appreciation, Lake City, FL appears to be an attractive market for long-term rental investment. However, investors should carefully evaluate the potential for short-term rental investment based on the moderate STR Genie Score and occupancy rate. Ultimately, a diversified investment strategy that includes both long-term and short-term rentals may offer the best opportunity for success in this market.
LTR Genie Score 93
$120,000
🛏 3 Beds🛁 2.0000 Baths🏙 1,253 sqft.🏠 SINGLE FAMILY
