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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,116
$1,984
Appreciation
Data-driven answers to common investor questions about this market.
1.76%
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Job Growth
-0.02%
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Population
183,483
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The LTR Genie Score of Shreveport, LA is 47 and STR Genie Score is 63, indicating a moderate and high rating respectively. The LTR Rentability is moderate, with a Rent Growth Rate of 0.0299% and Net ROI of 17.14%. On the other hand, the STR Net ROI is higher at 37.6% with an Occupancy rate of 63.64% and Revenue of 1984. The 1-Year Price Appreciation Forecast is -3.82%.
The LTR Genie Score is lower compared to the STR Genie Score, which suggests that short-term rental investment may be more lucrative in Shreveport, LA. The higher Net ROI and Occupancy rate for short-term rentals indicate a potentially higher return on investment in this market. However, the 1-Year Price Appreciation Forecast being negative may be a concern for long-term investors.
Shreveport, LA is a city known for its diverse economy, with industries ranging from healthcare and education to gaming and manufacturing. The city offers a mix of urban amenities and outdoor recreational opportunities, making it an attractive location for real estate investment.
In conclusion, Shreveport, LA may be more attractive for short-term rental investment due to the higher STR Genie Score and potential for higher ROI. However, investors should consider the negative price appreciation forecast for long-term investment. It may be beneficial to explore a combination of both short-term and long-term rental strategies to maximize returns in this market.