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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,701
$5,609
Appreciation
8.44%
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Job Growth
0.02%
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Population
117,460
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Data-driven answers to common investor questions about this market.
The LTR Genie Score of North Charleston, SC is 87 and STR Genie Score is 95, indicating very high rentability for both long-term and short-term rental investments. The high scores can be attributed to the strong LTR Net ROI of 34.81% and impressive STR Net ROI of 82.14%. The LTR Rent Growth Rate of 0.0639% suggests steady growth in rental prices, while the 1-Year Price Appreciation Forecast of 2.5% indicates a positive outlook for property values. The high STR Occupancy rate of 74.19% and STR Revenue of 5609 further support the attractiveness of the short-term rental market in North Charleston.
North Charleston, SC is a growing city with a diverse economy, including a strong presence of aerospace, automotive, and manufacturing industries. The area is also home to several universities and military installations, providing a stable tenant base for real estate investors.
Considering the high Genie Scores, strong ROI metrics, and positive market indicators, North Charleston, SC appears to be an attractive market for both long-term and short-term rental investments. Investors may benefit from diversifying their portfolio by exploring opportunities in both rental strategies to maximize returns in this promising market.