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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,231
$1,701
Appreciation
5.12%
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Job Growth
0%
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Population
24,678
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The LTR Genie Score of Paris, TX is 63 and STR Genie Score is 53, indicating a moderate level of rentability for both long-term and short-term rental properties in this market. The LTR Net ROI of 24.42% and STR Net ROI of 30.51% suggest that both rental strategies can yield favorable returns for investors. However, the 1-Year Price Appreciation Forecast of 0.57% may not be as high as some other markets.
The LTR Genie Score is higher than the STR Genie Score, indicating that long-term rental properties may be slightly more favorable in Paris, TX compared to short-term rentals. This could be due to factors such as lower vacancy rates and more stable rental income for long-term rentals.
Overall, Paris, TX appears to be a promising market for real estate investors, particularly for those interested in long-term rental investments. The combination of moderate rentability, positive ROI, and a relatively stable price appreciation forecast make it an attractive option for investors looking for steady rental income. However, investors should carefully consider their investment goals and strategies before making a decision on whether to pursue long-term or short-term rental properties in this market.
Data-driven answers to common investor questions about this market.