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Miami Gardens, 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
$2,919
Monthly Cash Flow
$44
Principal + Equity
$5,020
Annual Total Gain
$60,778
Cash on Cash
0.45%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$207
Occupancy Rate
51.61%
Monthly Revenue
$1,997
Monthly Cash Flow
-$1,177
Principal + Equity
$5,020
Annual Total Gain
$46,122
Cash on Cash %
-11.98%
Net ROI %
Market Health & Growth
Median Income
$60,979
Population
111,264
LTR Renter %
34.19%
Forecast (1 yr)
2.05%
Appreciation (1 yr)
-3%
Appreciation (5 yr)
64.8%
Appreciation (10 yr)
206.58%
Job Growth
-0.17%
LTR Rentability
Moderate
STR Demand
38
STR Rentals
333
Top Public Schools
ASchool for Advanced Studies - Homestead
ASchool for Advanced Studies - North
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
#147out of 380 markets
Places with the Best Public Schools in Florida
#297out of 660 markets
Suburbs with the Best Public Schools in Florida
#182out of 380 markets
B
Public School
D
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 Miami Gardens, FL.
As of September 2021, Miami Gardens 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 developments in this area.
Investors should also consider the potential impact of STR regulations on their investment property, including potential restrictions on the number of days a property can be rented out, noise and occupancy limits, and licensing requirements. It is important to thoroughly research and understand the local laws and regulations governing STRs in Miami Gardens before making an investment in a property for short term rental purposes.
Additionally, investors should consider the potential impact of STR regulations on property values and rental income in the area. Changes in regulations could affect the demand for short term rentals in Miami Gardens and could impact the profitability of an investment property.
Overall, investors should carefully consider the potential risks and rewards of investing in a property for short term rental purposes in Miami Gardens, taking into account the current regulatory environment and any potential changes that may occur in the future.
Market Trends Over Time
Explore 25 years of market data for Miami Gardens, 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 Miami Gardens, FL.
The LTR Genie Score of Miami Gardens, FL is 75, indicating a moderate level of attractiveness for long-term rental investment. This score is influenced by factors such as a moderate LTR rentability, a positive LTR net ROI of 51.56%, and a modest 1-year price appreciation forecast of 2.05%. On the other hand, the STR Genie Score of 55 suggests a lower level of attractiveness for short-term rental investment, with factors such as a lower STR net ROI of 39.12% and a STR occupancy rate of 51.61 contributing to this score.
Miami Gardens, FL is a diverse and growing city located in Miami-Dade County, known for its strong sense of community and convenient access to major highways and amenities. Real estate investors should consider the city's demographics, job market, and local economy when evaluating investment opportunities in the area.
Based on the metrics provided, Miami Gardens, FL appears to be more attractive for long-term rental investment compared to short-term rental investment. With a moderate LTR Genie Score and positive indicators such as rent growth rate and net ROI, investors may find more stability and potential for long-term growth in the rental market. However, it is important to conduct further research and due diligence to fully assess the market dynamics and potential risks before making any investment decisions.
LTR Genie Score 93
$250,000
🛏 3 Beds🛁 2.0000 Baths🏙 1,705 sqft.🏠 SINGLE FAMILY
