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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$2,152
$3,886
Appreciation
Data-driven answers to common investor questions about this market.
7.19%
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Job Growth
-0.01%
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Population
43,819
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The LTR Genie Score of Lompoc, CA is 60 and STR Genie Score is 77, indicating a moderate score for long-term rental and a high score for short-term rental. The LTR Rentability is moderate, with a Rent Growth Rate of 0.0% and a Net ROI of 22.01%. On the other hand, the STR Net ROI is higher at 31.69%, with an Occupancy rate of 52.09% and Revenue of $3,886. The 1-Year Price Appreciation Forecast is 2.0%.
The high STR Genie Score can be attributed to the strong Net ROI and occupancy rate for short-term rentals in Lompoc. The moderate LTR Genie Score may be due to the stagnant Rent Growth Rate, although the Net ROI is still attractive for long-term rental investors. Comparing the two scores, it seems that the short-term rental market in Lompoc may offer higher returns and occupancy rates compared to long-term rentals.
Based on the metrics provided, Lompoc, CA appears to be a more attractive market for short-term rental investment rather than long-term rental investment. With a high STR Genie Score and strong Net ROI for short-term rentals, investors may find better opportunities in this segment of the market. However, it is important to conduct further research and due diligence to fully assess the potential of investing in Lompoc's real estate market.