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Newberry, 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
$2,085
Monthly Cash Flow
-$131
Principal + Equity
$1,919
Annual Total Gain
$21,457
Cash on Cash
-1.9%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$206
Occupancy Rate
31.82%
Monthly Revenue
$1,536
Monthly Cash Flow
-$911
Principal + Equity
$1,919
Annual Total Gain
$12,105
Cash on Cash %
-13.14%
Net ROI %
Market Health & Growth
Median Income
$100,513
Population
7,608
LTR Renter %
12.36%
Forecast (1 yr)
1%
Appreciation (1 yr)
-2.91%
Appreciation (5 yr)
32.94%
Appreciation (10 yr)
79.12%
Job Growth
6.26%
LTR Rentability
Very High
STR Demand
35
STR Rentals
56
Top Public Schools
A-Expressions Learning Arts Academy
A-Micanopy Academy
A-
A-
A-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A-
Overall
Top-level market grade
Explore neighborhood ratings across key factors like public schools, housing, safety, and cost of living.
B
Public School
F
Crime And Safety
B
Housing
C
Nightlife
A-
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 Newberry, FL.
In Newberry, FL, Short Term Rentals (STRs) are regulated by the city's zoning and land development regulations. Investors looking to purchase a property for STR purposes should be aware of the following regulations:
1. Zoning Restrictions: Newberry has specific zoning regulations that dictate where STRs are allowed to operate. Investors should ensure that the property they are considering purchasing is located in a zone that permits short term rentals.
2. Permitting Requirements: In order to operate a STR in Newberry, investors must obtain the necessary permits and licenses from the city. This may include a business license, occupancy permit, and/or STR registration.
3. Occupancy Limits: Newberry may have restrictions on the maximum number of guests allowed to stay in a STR at any given time. Investors should be aware of these limits and ensure they are in compliance with them.
4. Noise and Nuisance Regulations: STRs in Newberry are subject to noise and nuisance regulations, which may include quiet hours and restrictions on outdoor activities. Investors should be mindful of these regulations and ensure that their guests adhere to them.
5. Taxation: Investors should be aware of any local taxes or fees that may apply to STRs in Newberry. This may include occupancy taxes, sales taxes, or tourism development taxes.
6. Homeowner's Association (HOA) Restrictions: If the property is located in a community with a homeowner's association, investors should review the HOA's rules and regulations regarding STRs. Some HOAs may have restrictions or prohibitions on short term rentals.
By being aware of and complying with these regulations, investors can ensure a smooth and successful investment in the Newberry, FL Short Term Rental market.
Market Trends Over Time
Explore 25 years of market data for Newberry, 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 Newberry, FL.
The LTR Genie Score of Newberry, FL is 71 and STR Genie Score is 34, indicating a high score for long-term rental potential and a moderate score for short-term rental potential. The high LTR Genie Score can be attributed to the very high LTR Rentability and LTR Net ROI of 25.8%, while the moderate STR Genie Score may be due to the lower STR Net ROI of 14.55% and STR Occupancy rate of 31.82.
Newberry, FL is a growing market with a 1-year price appreciation forecast of 1.0%, making it an attractive option for real estate investors. Based on the metrics provided, it appears that Newberry, FL is more suitable for long-term rental investment due to the high LTR Genie Score and favorable LTR Rentability and Net ROI. However, investors may also consider exploring short-term rental opportunities to diversify their portfolio and maximize potential returns. Ultimately, Newberry, FL presents a promising market for real estate investment, particularly for long-term rental properties.
LTR Genie Score 93
$160,000
🛏 3 Beds🛁 2.0000 Baths🏙 1,523 sqft.🏠 SINGLE FAMILY