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Sandy Springs, GA 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
$1,699
Monthly Cash Flow
-$2,214
Principal + Equity
$3,621
Annual Total Gain
$16,888
Cash on Cash
-15.86%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$182
Occupancy Rate
53.33%
Monthly Revenue
$2,278
Monthly Cash Flow
-$1,976
Principal + Equity
$3,621
Annual Total Gain
$19,741
Cash on Cash %
-14.16%
Net ROI %
Market Health & Growth
Median Income
$101,593
Population
107,198
LTR Renter %
49.34%
Forecast (1 yr)
1.33%
Appreciation (1 yr)
1.55%
Appreciation (5 yr)
38.13%
Appreciation (10 yr)
71.88%
Job Growth
2.29%
LTR Rentability
High
STR Demand
31
STR Rentals
10,982
Top Public Schools
ADenmark High School
APaul Duke STEM High School
A
A
A-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A
Overall
Top-level market grade
Healthiest Cities in America
#10out of 229 markets
Best Cities to Retire in America
#9out of 229 markets
Healthiest Places to Live in America
#10out of 230 markets
A-
Public School
C
Crime And Safety
C
Housing
A-
Nightlife
A-
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 Sandy Springs, GA.
As of September 2021, Sandy Springs, GA has regulations in place for Short Term Rentals (STRs) that investors should be aware of before purchasing a property for this purpose.
1. Permit Requirement: Sandy Springs requires all STR hosts to obtain a permit in order to operate legally. The permit application process includes submitting documentation such as proof of insurance, a site plan of the property, and a signed affidavit agreeing to comply with all regulations.
2. Occupancy Limits: The city has set occupancy limits for STRs, which vary depending on the size of the property. It is important for investors to ensure that their property meets these occupancy requirements to avoid fines or penalties.
3. Noise and Nuisance Regulations: Sandy Springs has strict regulations in place regarding noise and nuisance complaints related to STRs. Investors should be aware of these regulations and take steps to ensure that their guests are respectful of neighbors and local ordinances.
4. Parking Restrictions: The city has specific parking requirements for STRs, including the number of parking spaces required per property. Investors should ensure that their property meets these requirements to avoid any issues with parking violations.
5. Taxation: STR hosts in Sandy Springs are required to collect and remit occupancy taxes on a regular basis. Investors should be aware of these tax obligations and ensure that they are in compliance with all local tax laws.
6. Zoning Regulations: Sandy Springs has specific zoning regulations that govern where STRs are allowed to operate within the city. Investors should carefully review these regulations and ensure that their property is located in a zone that permits short term rentals.
Overall, investors looking to purchase a property for Short Term Rental in Sandy Springs, GA should be aware of the city's regulations and requirements in order to operate legally and avoid any potential fines or penalties. It is recommended to consult with a local real estate attorney or property management company familiar with the area's regulations to ensure compliance.
Market Trends Over Time
Explore 25 years of market data for Sandy Springs, GA, 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 Sandy Springs, GA.
The LTR Genie Score of Sandy Springs, GA is 57 and STR Genie Score is 43, indicating a moderate to high potential for long-term rental investment and a moderate potential for short-term rental investment. The high LTR Rentability and LTR Net ROI suggest that the market is favorable for long-term rental investments, while the lower STR Genie Score and STR Net ROI may indicate slightly less potential for short-term rental opportunities.
Sandy Springs, GA is a suburb of Atlanta known for its upscale neighborhoods, excellent schools, and proximity to major highways and shopping centers. The area has a strong rental market with a steady rent growth rate and a positive 1-year price appreciation forecast, making it an attractive option for real estate investors looking for long-term rental properties.
Overall, Sandy Springs, GA appears to be a promising market for long-term rental investments due to its high LTR Rentability and Net ROI. However, investors may also consider exploring short-term rental opportunities in the area, as the market shows potential for growth in this sector as well. It is recommended for real estate investors to conduct further research and analysis to determine the best investment strategy based on their individual goals and preferences.