Santa Maria, 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
$2,298
Monthly Cash Flow
-$1,429
Principal + Equity
$3,970
Annual Total Gain
$30,489
Cash on Cash
-10.86%
Net ROI %
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
D
Overall
Top-level market grade
Most Diverse Cities in America
#217out of 229 markets
Most Diverse Places to Live in America
#8743out of 18101 markets
Best Cities for Outdoor Activities in America
#120out of 229 markets
C
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Santa Maria, CA.
As of September 2021, Santa Maria, CA does not have specific regulations in place for short term rentals (STRs). However, it is important for investors to be aware of potential changes in regulations and to stay informed about any developments in this area.
Investors should also consider the potential impact of STR regulations on their investment property, including any restrictions on the number of days a property can be rented out, zoning restrictions, and any required permits or licenses.
Additionally, investors should be aware of any homeowner association (HOA) rules or covenants that may restrict or prohibit short term rentals in a particular community.
Overall, investors should thoroughly research and understand the current regulations and potential future changes related to short term rentals in Santa Maria, CA before investing in a property for this purpose.
Market Trends Over Time
Explore 25 years of market data for Santa Maria, 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 Maria, CA.
The LTR Genie Score of Santa Maria, CA is 50 and STR Genie Score is 46, indicating a moderate level of attractiveness for both long-term and short-term rental investments. The LTR Rentability being very low suggests that the market may not be ideal for long-term rentals, while the STR Genie Score being slightly lower than the LTR Genie Score could indicate that short-term rentals may also face challenges in this market. The 1-Year Price Appreciation Forecast of 1.93% and the STR Occupancy rate of 55.17% are relatively low, which may impact the potential returns for investors.
Santa Maria, CA is a city located in the Central Coast region of California known for its agriculture and wine production. The city offers a mix of suburban and rural living, making it an attractive location for those looking for a quieter lifestyle. However, investors should be aware of the market dynamics and potential challenges in the real estate sector in this area.
In conclusion, based on the metrics provided, Santa Maria, CA may not be the most attractive market for real estate investors looking to invest in either long-term or short-term rentals. It is recommended that investors conduct further research and analysis before making any investment decisions in this market.
