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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$2,600
$3,375
Appreciation
4.75%
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Job Growth
0.01%
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Population
2,852
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Data-driven answers to common investor questions about this market.
The LTR Genie Score of South Padre Island, TX is 71 and STR Genie Score is 68, indicating a high rentability for both long-term and short-term rental properties in the area. The LTR Net ROI of 20.85% and STR Net ROI of 23.83% suggest that investors can expect a good return on investment in both rental strategies. The 1-Year Price Appreciation Forecast of 1.0% indicates a stable market with potential for growth.
South Padre Island, TX is a popular tourist destination known for its beautiful beaches and vibrant nightlife, making it an attractive location for short-term rental properties. However, the area also has a strong demand for long-term rentals due to its growing population and economy.
Overall, South Padre Island, TX appears to be a promising market for both long-term and short-term rental investments. Investors may consider diversifying their portfolio by investing in both rental strategies to maximize their returns in this market.