Explore available listings and evaluate market performance.
Lauderhill, 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
$2,053
Monthly Cash Flow
$505
Principal + Equity
$1,830
Annual Total Gain
$28,019
Cash on Cash
11.36%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$232
Occupancy Rate
64.29%
Monthly Revenue
$3,063
Monthly Cash Flow
$1,056
Principal + Equity
$1,830
Annual Total Gain
$34,631
Cash on Cash %
23.77%
Net ROI %
Market Health & Growth
Median Income
$49,685
Population
73,961
LTR Renter %
46.52%
Forecast (1 yr)
1.6%
Appreciation (1 yr)
-9.61%
Appreciation (5 yr)
42.65%
Appreciation (10 yr)
145.12%
Job Growth
-0.73%
LTR Rentability
Low
STR Demand
64
STR Rentals
7,907
Top Public Schools
AThe College Academy at Broward College
AMcFatter Technical High School
A
A
A
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
C
Overall
Top-level market grade
Most Diverse Suburbs in Florida
#222out of 380 markets
Best Suburbs for Young Professionals in Florida
#274out of 380 markets
Suburbs with the Best Public Schools in Florida
#248out of 380 markets
B-
Public School
D
Crime And Safety
D
Housing
B-
Nightlife
C
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 Lauderhill, FL.
In Lauderhill, FL, Short Term Rentals (STRs) are regulated by the city's Code of Ordinances. Investors looking to purchase a property for STR purposes should be aware of the following regulations:
1. Registration and Licensing: All STRs in Lauderhill must be registered with the city and obtain a license to operate. This includes providing proof of ownership or authorization to operate the property as a rental.
2. Zoning Regulations: STRs are only allowed in certain zoning districts in Lauderhill. Investors should check the city's zoning map to ensure that the property they are interested in purchasing is located in a zone where STRs are permitted.
3. Occupancy Limits: The city of Lauderhill has specific occupancy limits for STRs, which vary depending on the size of the property. Investors should ensure that the property they are considering purchasing complies with these limits.
4. Noise and Nuisance Regulations: STRs in Lauderhill must comply with noise and nuisance regulations to ensure that they do not disturb the peace and quiet of the neighborhood. Investors should be aware of these regulations and take steps to mitigate any potential issues.
5. Taxation: STRs in Lauderhill are subject to local taxes, including a Tourist Development Tax and a Local Business Tax. Investors should be aware of these tax obligations and factor them into their financial planning.
6. Safety and Building Code Compliance: STRs in Lauderhill must comply with all applicable safety and building codes. Investors should ensure that the property they are considering purchasing meets these requirements to avoid any potential fines or penalties.
Overall, investors looking to purchase a property for Short Term Rental purposes in Lauderhill, FL should familiarize themselves with the city's regulations and ensure that the property they are considering meets all requirements to operate legally as an STR.
Market Trends Over Time
Explore 25 years of market data for Lauderhill, 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 Lauderhill, FL.
The LTR Genie Score of Lauderhill, FL is 70 and STR Genie Score is 81, indicating that the short-term rental market in Lauderhill is performing better than the long-term rental market. The LTR Rentability is low, which may be contributing to the lower LTR Genie Score. However, the LTR Net ROI is relatively high at 52.57%, suggesting that while rentability may be low, the return on investment is still favorable for long-term rental properties. On the other hand, the STR Net ROI is even higher at 64.97%, indicating that short-term rental properties may offer a better return on investment in Lauderhill. The 1-Year Price Appreciation Forecast of 1.6% suggests a stable market with potential for growth. With a high STR Genie Score and strong STR Net ROI, Lauderhill, FL may be more attractive for short-term rental investments rather than long-term rental investments.
Lauderhill, FL is a diverse city located in Broward County, known for its cultural events, parks, and recreational activities. The city has a growing population and a strong sense of community, making it an attractive location for real estate investors looking to capitalize on both long-term and short-term rental opportunities.
LTR Genie Score 93
$55,000
🛏 1 Beds🛁 2.0000 Baths🏙 783 sqft.🏠 CONDO
4174 Inverrary Dr APT 805, Fort Lauderdale, FL 33319
