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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,828
$2,520
Appreciation
6.25%
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Job Growth
0.02%
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Population
25,125
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The LTR Genie Score of Simpsonville, SC is 75 and the STR Genie Score is 77, indicating a high level of rentability for both long-term and short-term rental properties in this market. The LTR Rent Growth Rate of 0.0456% suggests steady growth potential for long-term rental investments, while the STR Net ROI of 29.08% highlights the strong potential for short-term rental income.
The 1-Year Price Appreciation Forecast of 2.15% indicates a stable market with potential for property value growth. Additionally, the high STR Occupancy rate of 70.0% and STR Revenue of 2520 demonstrate the demand for short-term rental properties in Simpsonville.
Overall, Simpsonville, SC appears to be an attractive market for both long-term and short-term rental investments. With high LTR and STR Genie Scores, steady rent growth, strong ROI potential, and a stable market forecast, real estate investors may find success in this market by diversifying their portfolio with both long-term and short-term rental properties. Additionally, the high occupancy rate and revenue for short-term rentals suggest a strong demand for this type of investment in Simpsonville.