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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$2,003
$2,968
Appreciation
8.37%
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Job Growth
0.04%
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Population
124,865
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The LTR Genie Score of Meridian, ID is 71 and STR Genie Score is 79, indicating that both long-term rental and short-term rental opportunities in this market are considered high. The high LTR Rentability and STR Occupancy rates contribute to the overall high Genie Scores. The LTR Net ROI of 27.73% and STR Net ROI of 32.44% suggest strong potential for returns in both rental strategies.
Meridian, ID is a rapidly growing city located in the Boise metropolitan area, known for its strong economy, quality of life, and outdoor recreational opportunities. The 1-Year Price Appreciation Forecast of 0.7% indicates a stable market with potential for growth.
Based on the metrics provided, Meridian, ID appears to be an attractive market for both long-term rental and short-term rental investments. Investors may consider diversifying their portfolio by exploring opportunities in both rental strategies to maximize returns in this promising market.