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Santa Ana, CA 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
$2,763
Monthly Cash Flow
-$2,176
Principal + Equity
$5,813
Annual Total Gain
$43,636
Cash on Cash
-12.46%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$250
Occupancy Rate
66.67%
Monthly Revenue
$3,718
Monthly Cash Flow
-$1,779
Principal + Equity
$5,813
Annual Total Gain
$48,401
Cash on Cash %
-10.19%
Net ROI %
Market Health & Growth
Median Income
$88,354
Population
311,639
LTR Renter %
55.4%
Forecast (1 yr)
1.52%
Appreciation (1 yr)
-0.49%
Appreciation (5 yr)
43.45%
Appreciation (10 yr)
104.2%
Job Growth
0.81%
LTR Rentability
Low
STR Demand
94
STR Rentals
1,175
Top Public Schools
AOrange County School of the Arts
AArnold O. Beckman High School
A
A
A
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
C
Overall
Top-level market grade
Healthiest Cities in America
#59out of 229 markets
Healthiest Places to Live in America
#59out of 230 markets
Best Cities for Outdoor Activities in America
#28out of 229 markets
B-
Public School
D
Crime And Safety
F
Housing
A-
Nightlife
C
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 Santa Ana, CA.
Santa Ana, CA has regulations in place for Short Term Rentals (STR) that investors should be aware of before purchasing a property for this purpose.
1. Permit Requirement: In Santa Ana, property owners must obtain a Short Term Rental permit in order to legally operate a vacation rental. The permit application process includes submitting documentation such as proof of insurance, a floor plan of the property, and a signed affidavit stating compliance with all regulations.
2. Occupancy Limits: The city of Santa Ana has strict occupancy limits for Short Term Rentals. The maximum number of guests allowed in a vacation rental is typically limited to 10 individuals, regardless of the size of the property.
3. Noise Regulations: Santa Ana has noise regulations in place to ensure that Short Term Rentals do not disrupt the peace and quiet of residential neighborhoods. Property owners are responsible for ensuring that guests adhere to quiet hours and do not create excessive noise.
4. Transient Occupancy Tax: Property owners who operate Short Term Rentals in Santa Ana are required to collect and remit Transient Occupancy Tax (TOT) to the city. This tax is typically a percentage of the rental rate and must be paid on a regular basis.
5. Zoning Restrictions: Investors should be aware of any zoning restrictions that may apply to Short Term Rentals in Santa Ana. Some neighborhoods may have specific regulations regarding vacation rentals, including restrictions on the number of properties allowed in a certain area.
6. Code Compliance: Property owners must ensure that their Short Term Rental property complies with all building and safety codes in Santa Ana. This includes having working smoke detectors, proper exits, and other safety features.
Overall, investors looking to purchase a property for Short Term Rental in Santa Ana should be aware of the regulations and requirements in place to ensure compliance and avoid any potential legal issues. It is recommended to consult with a real estate attorney or local authorities to fully understand the regulations before making an investment.
Market Trends Over Time
Explore 25 years of market data for Santa Ana, CA, 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 Santa Ana, CA.
The LTR Genie Score of Santa Ana, CA is 58, indicating a moderate level of rentability for long-term rental properties in the area. This score is likely influenced by the low LTR Rentability and modest LTR Rent Growth Rate of 0.0565%. On the other hand, the STR Genie Score of 73 suggests a high level of rentability for short-term rental properties, supported by a strong STR Net ROI of 23.1% and a respectable STR Occupancy rate of 66.67.
In comparing the LTR and STR Genie Scores, it is evident that the short-term rental market in Santa Ana is currently more favorable for investors than the long-term rental market. With a higher STR Genie Score and stronger metrics such as Net ROI and Occupancy rate, investing in short-term rental properties in Santa Ana may yield better returns in the current market conditions.
Santa Ana, CA is a diverse city located in Orange County, known for its rich cultural heritage and vibrant arts scene. The city offers a mix of residential neighborhoods, commercial areas, and entertainment options, making it an attractive location for real estate investors looking to capitalize on the growing demand for short-term accommodations in the area.
Overall, based on the metrics provided, Santa Ana, CA appears to be more attractive for short-term rental investment rather than long-term rental investment. Investors may want to consider exploring opportunities in the short-term rental market to potentially maximize their returns in this market.
