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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$2,063
$2,527
Appreciation
Data-driven answers to common investor questions about this market.
8.51%
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Job Growth
0.01%
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Population
53,423
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The LTR Genie Score of Pinellas Park, FL is 69, indicating a moderate level of rentability for long-term rental properties in the area. The STR Genie Score is higher at 79, suggesting a more favorable environment for short-term rental or Airbnb investments. The higher STR Genie Score can be attributed to the strong STR Net ROI of 37.56% and a relatively high occupancy rate of 71.43%. On the other hand, the LTR Rent Growth Rate of 0.0% may have contributed to the slightly lower LTR Genie Score.
Pinellas Park, FL is a growing city located in the Tampa Bay area, known for its affordable housing options and proximity to beaches and recreational activities. With a 1-year price appreciation forecast of 0.25%, investors should consider the potential for long-term growth in property values.
Given the higher STR Genie Score and strong metrics for short-term rental investments, Pinellas Park, FL may be more attractive for investors looking to capitalize on the vacation rental market. However, with a moderate LTR Genie Score and a stable LTR Net ROI of 36.2%, long-term rental investments could also be viable in this market. Ultimately, investors should consider their investment goals and risk tolerance when deciding between long-term and short-term rental opportunities in Pinellas Park, FL.