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Lake Forest, 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
$3,110
Monthly Cash Flow
-$3,535
Principal + Equity
$8,086
Annual Total Gain
$54,606
Cash on Cash
-14.42%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$285
Occupancy Rate
59.26%
Monthly Revenue
$3,409
Monthly Cash Flow
-$3,747
Principal + Equity
$8,086
Annual Total Gain
$52,059
Cash on Cash %
-15.28%
Net ROI %
Market Health & Growth
Median Income
$131,378
Population
85,846
LTR Renter %
29.3%
Forecast (1 yr)
1.25%
Appreciation (1 yr)
-1.65%
Appreciation (5 yr)
58.77%
Appreciation (10 yr)
102.74%
Job Growth
-0.74%
LTR Rentability
Moderate
STR Demand
72
STR Rentals
138
Top Public Schools
APortola High School
AOxford Preparatory Academy - Saddleback Valley
A
A-
A-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A-
Overall
Top-level market grade
Best Suburbs to Live in California
#110out of 526 markets
Best Suburbs to Raise a Family in California
#120out of 526 markets
Best Suburbs for Young Professionals in California
#104out of 526 markets
A-
Public School
C
Crime And Safety
D
Housing
B
Nightlife
A-
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 Forest, CA.
As of August 2021, Lake Forest, CA does not have specific regulations in place for short term rentals (STRs). However, it is important for investors to be aware that the city may implement regulations in the future, as the popularity of short term rentals continues to grow.
Investors should also be aware of any homeowner association (HOA) rules and regulations that may restrict or prohibit short term rentals in certain neighborhoods or developments. It is important to thoroughly review the HOA documents and covenants before purchasing a property for use as a short term rental.
Additionally, investors should consider the potential impact of transient occupancy taxes (TOT) on their investment. Some cities require hosts to collect and remit TOT on short term rental income, which can affect the overall profitability of the investment.
Overall, investors should conduct thorough research and due diligence before purchasing a property in Lake Forest, CA for use as a short term rental. It is important to stay informed about any potential regulations or restrictions that may impact the investment, and to consider the financial implications of operating a short term rental in the area.
Market Trends Over Time
Explore 25 years of market data for Lake Forest, 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 Lake Forest, CA.
The LTR Genie Score of Lake Forest, CA is 55, indicating a moderate level of rentability for long-term rental properties in the area. The STR Genie Score is slightly higher at 58, suggesting a slightly more favorable environment for short-term rental or Airbnb properties. The LTR Rent Growth Rate of 0.0% may have contributed to the lower LTR Genie Score, while the STR Occupancy rate of 59.26% and STR Revenue of 3409 likely boosted the STR Genie Score.
Lake Forest, CA is a suburban city located in Orange County, known for its family-friendly neighborhoods, good schools, and proximity to outdoor recreational activities. The city offers a mix of housing options, from single-family homes to apartments, making it appealing to a diverse range of tenants.
Considering the metrics provided, Lake Forest, CA may be a suitable market for both long-term rental and short-term rental investments. The LTR Net ROI of 18.56% and STR Net ROI of 17.69% indicate favorable returns for both rental strategies. With a 1-year price appreciation forecast of 1.25%, investors may also benefit from potential property value appreciation in the future. Ultimately, investors should conduct further research and analysis to determine the best investment strategy based on their financial goals and risk tolerance.
