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Lake St Louis, MO 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
$1,695
Monthly Cash Flow
-$361
Principal + Equity
$2,279
Annual Total Gain
$23,022
Cash on Cash
-3.95%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$134
Occupancy Rate
68.97%
Monthly Revenue
$2,133
Monthly Cash Flow
-$243
Principal + Equity
$2,279
Annual Total Gain
$24,437
Cash on Cash %
-2.66%
Net ROI %
Market Health & Growth
Median Income
$123,427
Population
17,538
LTR Renter %
24.77%
Forecast (1 yr)
1.1%
Appreciation (1 yr)
0.67%
Appreciation (5 yr)
33.45%
Appreciation (10 yr)
67.91%
Job Growth
0%
LTR Rentability
Low
STR Demand
83
STR Rentals
0
Top Public Schools
A-Liberty High School
A-Lakeview Elementary School
A-
A-
B
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 Missouri
#42out of 147 markets
Best Places to Raise a Family in Missouri
#39out of 351 markets
Best Suburbs to Raise a Family in Missouri
#38out of 147 markets
A-
Public School
B-
Crime And Safety
B
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 St Louis, MO.
In Lake St. Louis, Missouri, Short Term Rentals (STRs) are regulated by the city's zoning ordinances. As of now, the city does not have specific regulations in place for STRs, but they are subject to the same regulations as traditional long-term rentals.
Investors looking to purchase a property for STR purposes in Lake St. Louis should be aware of the following regulations:
1. Zoning restrictions: Investors should check the zoning regulations in the specific area where they are looking to purchase a property. Some areas may have restrictions on STRs or require a special permit for short-term rental operations.
2. Licensing and permits: Investors may need to obtain a business license or permit to operate a short-term rental in Lake St. Louis. It is important to check with the city's planning department to understand the requirements and process for obtaining the necessary permits.
3. Occupancy limits: Lake St. Louis may have occupancy limits for short-term rentals, which investors should be aware of before purchasing a property. Violating occupancy limits can result in fines or other penalties.
4. Tax implications: Investors should be aware of the tax implications of operating a short-term rental in Lake St. Louis. This may include occupancy taxes, sales taxes, and other local taxes that need to be collected and remitted to the city.
5. Homeowner association rules: If the property is located in a neighborhood with a homeowner association (HOA), investors should review the HOA rules and regulations regarding short-term rentals. Some HOAs may have restrictions or prohibitions on STRs.
Overall, investors should thoroughly research and understand the regulations and requirements for operating a short-term rental in Lake St. Louis before purchasing a property for this purpose. It is recommended to consult with a local real estate attorney or property management company familiar with the area's regulations to ensure compliance and avoid any potential legal issues.
Market Trends Over Time
Market trend data is not yet available for Lake St Louis, MO.
Nearest Markets
Explore nearby investment markets close to Lake St Louis, MO.
The LTR Genie Score of Lake St Louis, MO is 59, indicating a moderate level of rentability for long-term rental properties. On the other hand, the STR Genie Score is slightly higher at 60, 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 higher STR Net ROI of 22.3% could have boosted the STR Genie Score.
Lake St Louis, MO is forecasted to have a 1.1% price appreciation in the next year, which may be a factor to consider for real estate investors. With a STR occupancy rate of 68.97% and revenue of 2133, the short-term rental market in Lake St Louis appears to be relatively strong.
Based on the metrics provided, Lake St Louis, MO may be more attractive for short-term rental investments due to the higher STR Genie Score and Net ROI. However, investors should also consider the forecasted price appreciation and other factors before making a decision. It may be beneficial to explore both long-term and short-term rental opportunities in this market to diversify the investment portfolio.
LTR Genie Score 93
$94,900
🛏 2 Beds🛁 1.0000 Baths🏙 915 sqft.🏠 CONDO
2012 Gascony Parc Dr #2012, Lake Saint Louis, MO 63367