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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,828
$2,990
Appreciation
6.3%
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Job Growth
0.01%
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Population
156,309
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The LTR Genie Score of Lakewood, CO is 48 and STR Genie Score is 63, indicating a moderate score for long-term rental and a high score for short-term rental. The low LTR Rentability and 1-Year Price Appreciation Forecast contribute to the lower LTR Genie Score, while the higher STR Genie Score is likely due to the strong STR Net ROI and occupancy rate.
Lakewood, CO is a suburb of Denver known for its proximity to outdoor recreational activities and a growing economy. With a diverse housing market and a mix of urban and suburban neighborhoods, investors may find opportunities in both long-term and short-term rental properties.
Based on the metrics provided, Lakewood, CO may be more attractive for short-term rental investment due to the higher STR Genie Score and potential for higher ROI. However, investors should carefully consider their investment goals and risk tolerance before deciding on a strategy. It may be beneficial to explore a combination of both long-term and short-term rental options in this market.