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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,785
$2,349
Appreciation
8.99%
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Job Growth
0.01%
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Population
220,482
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The LTR Genie Score of Tacoma, WA is 56 and STR Genie Score is 68, indicating a moderate score for long-term rental and a high score for short-term rental. The low LTR Rentability and slow LTR Rent Growth Rate contribute to the lower LTR Genie Score, while the high STR Net ROI and strong STR Occupancy rate boost the STR Genie Score. The 1-Year Price Appreciation Forecast of 0.5% suggests a stable market with potential for growth.
Tacoma, WA is a city located in the Pacific Northwest known for its strong economy, diverse population, and beautiful natural surroundings. The real estate market in Tacoma has been steadily growing, making it an attractive option for investors looking for long-term stability and potential appreciation.
Based on the metrics provided, Tacoma, WA seems to be a more attractive market for short-term rental investment due to the higher STR Genie Score and STR Net ROI. However, with a positive 1-Year Price Appreciation Forecast, long-term rental investment could also be a viable option for investors looking for steady returns. Ultimately, a diversified investment strategy that includes both long-term and short-term rental properties could be beneficial in maximizing returns in the Tacoma, WA market.