Explore available listings and evaluate market performance.
Menifee, 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
$2,951
Monthly Cash Flow
-$1,042
Principal + Equity
$3,768
Annual Total Gain
$32,712
Cash on Cash
-8.56%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$241
Occupancy Rate
45.94%
Monthly Revenue
$2,210
Monthly Cash Flow
-$2,114
Principal + Equity
$3,768
Annual Total Gain
$19,842
Cash on Cash %
-17.37%
Net ROI %
Market Health & Growth
Median Income
$89,183
Population
107,020
LTR Renter %
19.68%
Forecast (1 yr)
1.55%
Appreciation (1 yr)
-2.06%
Appreciation (5 yr)
43.62%
Appreciation (10 yr)
93.36%
Job Growth
4.85%
LTR Rentability
High
STR Demand
34
STR Rentals
92
Top Public Schools
A-Santa Rosa Academy
BTemecula International Academy
B
B
B
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 California
#44out of 526 markets
Most Diverse Places to Live in California
#182out of 1762 markets
Best Suburbs for Young Professionals in California
#368out of 526 markets
C
Public School
C
Crime And Safety
D
Housing
C
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 Menifee, CA.
As of September 2021, Menifee, CA does not have specific regulations in place for short term rentals (STRs). However, it is important for investors to be aware of potential changes in regulations and to stay informed about any updates from the city government.
Investors should also consider the potential impact of STR regulations on their investment property, such as occupancy limits, noise restrictions, and zoning requirements. It is important to research the local market and understand the demand for short term rentals in Menifee before making a purchase.
Additionally, investors should be aware of any homeowner association (HOA) rules or restrictions that may prohibit or limit short term rentals in certain neighborhoods. It is important to review the HOA bylaws and regulations before purchasing a property for STR purposes.
Overall, investors should conduct thorough research and due diligence before investing in a property for short term rental purposes in Menifee, CA to ensure compliance with any existing regulations and to mitigate any potential risks.
Market Trends Over Time
Explore 25 years of market data for Menifee, 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 Menifee, CA.
The LTR Genie Score of Menifee, CA is 67, indicating a high level of rentability for long-term rental properties. This is supported by the LTR Net ROI of 22.39% and the positive 1-Year Price Appreciation Forecast of 1.55%. On the other hand, the STR Genie Score is 36, suggesting a lower level of profitability for short-term rental properties. This is reflected in the lower STR Net ROI of 13.58% and the STR Occupancy rate of 45.94%.
Menifee, CA is a growing city located in Riverside County, known for its affordable housing options and family-friendly community. With a steady rent growth rate and positive price appreciation forecast, the market shows potential for long-term rental investments. However, the lower STR Genie Score and occupancy rate may indicate that short-term rental properties may not be as lucrative in this area. Overall, Menifee, CA appears to be more attractive for long-term rental investment rather than short-term rental investment. Investors should consider the stability and growth potential of the market when making their investment decisions.
