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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,857
$4,212
Appreciation
Data-driven answers to common investor questions about this market.
8.52%
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Job Growth
0.04%
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Population
270,773
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The LTR Genie Score of North Las Vegas, NV is 78 and STR Genie Score is 89, indicating a high level of rentability for both long-term and short-term rental properties in the area. The high STR Genie Score can be attributed to the strong occupancy rate of 63.33% and impressive revenue of $4212, while the LTR Genie Score is likely influenced by the solid rent growth rate of 0.0611% and attractive net ROI of 33.13%.
North Las Vegas, NV is a growing city with a diverse economy and a strong job market, making it an attractive location for real estate investors. The 1-year price appreciation forecast of 1.04% suggests that property values are expected to increase in the near future, adding to the appeal of investing in this market.
Based on the metrics provided, North Las Vegas, NV appears to be a promising market for both long-term and short-term rental investments. With high rentability scores for both rental strategies and positive indicators such as rent growth rate, net ROI, and occupancy rates, investors may find success in either rental option. It is recommended for real estate investors to further research the market dynamics and consider their investment goals before making a decision on whether to pursue long-term rental, short-term rental, or a combination of both in North Las Vegas, NV.