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Saginaw, TX 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
$2,003
Monthly Cash Flow
-$119
Principal + Equity
$2,056
Annual Total Gain
$23,250
Cash on Cash
-1.9%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$176
Occupancy Rate
57.14%
Monthly Revenue
$2,429
Monthly Cash Flow
-$57
Principal + Equity
$2,056
Annual Total Gain
$23,990
Cash on Cash %
-0.91%
Net ROI %
Market Health & Growth
Median Income
$98,003
Population
24,467
LTR Renter %
28.87%
Forecast (1 yr)
0.2%
Appreciation (1 yr)
-4.44%
Appreciation (5 yr)
33.97%
Appreciation (10 yr)
102.59%
Job Growth
0.15%
LTR Rentability
Moderate
STR Demand
55
STR Rentals
2,141
Top Public Schools
A-Im Terrell Academy for STEM & Vpa
A-Young Women's Leadership Academy
A-
A-
A-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Most Diverse Suburbs in Texas
#110out of 417 markets
Best Suburbs to Raise a Family in Texas
#182out of 417 markets
Suburbs with the Best Public Schools in Texas
#148out of 417 markets
B
Public School
C
Crime And Safety
B-
Housing
C
Nightlife
B
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 Saginaw, TX.
In Saginaw, TX, Short Term Rental (STR) regulations are governed by the city's Code of Ordinances. Investors looking to purchase a property for STR purposes should be aware of the following regulations:
1. Registration and Licensing: Property owners must register their STR with the city and obtain a license before operating as a short term rental. This process typically involves submitting an application, paying a fee, and meeting certain requirements set by the city.
2. Occupancy Limits: Saginaw has specific occupancy limits for STRs, which may vary depending on the size of the property. Investors should ensure that their property complies with these limits to avoid any penalties or fines.
3. Noise and Nuisance Regulations: Property owners are responsible for ensuring that their guests adhere to noise regulations and do not create a nuisance for neighbors. Failure to comply with these regulations can result in citations or the revocation of the STR license.
4. Safety and Building Code Compliance: STR properties must meet all safety and building code requirements set by the city. Investors should ensure that their property is up to code and undergo any necessary inspections before renting it out.
5. Taxation: Property owners are required to collect and remit occupancy taxes on short term rentals in Saginaw. Investors should familiarize themselves with the city's tax regulations and ensure compliance to avoid any legal issues.
6. Homeowner Association (HOA) Regulations: If the property is located within a homeowners association, investors should also be aware of any additional regulations or restrictions that may apply to STRs within the community.
Overall, investors should thoroughly research and understand Saginaw's STR regulations before purchasing a property for short term rental purposes to ensure compliance with all applicable laws and regulations. Failure to do so can result in fines, penalties, or the inability to operate as a short term rental.
Market Trends Over Time
Explore 25 years of market data for Saginaw, TX, 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 Saginaw, TX.
The LTR Genie Score of Saginaw, TX is 64 and STR Genie Score is 59, indicating a moderate level of attractiveness for both long-term and short-term rental investments. The LTR Rentability is moderate, with a Rent Growth Rate of 0.0% and a Net ROI of 31.04%. On the other hand, the STR Net ROI is slightly higher at 32.03%, with an Occupancy rate of 57.14% and Revenue of 2429.
The LTR Genie Score is slightly higher than the STR Genie Score, suggesting that the market may be more favorable for long-term rental investments. However, the difference between the two scores is not significant, indicating that both long-term and short-term rental strategies could potentially be profitable in Saginaw, TX.
Saginaw, TX is a growing suburb located in the Dallas-Fort Worth metroplex, offering a mix of urban amenities and suburban charm. With a 1-Year Price Appreciation Forecast of 0.2%, investors can expect stable property values in the near future.
Overall, Saginaw, TX presents a balanced opportunity for real estate investors interested in both long-term and short-term rental properties. Investors may consider diversifying their portfolio by investing in both rental strategies to maximize their returns in this market.
LTR Genie Score 78
$250,000
🛏 3 Beds🛁 2.0000 Baths🏙 1,697 sqft.🏠 SINGLE FAMILY
