LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,973
Monthly Cash Flow
-$1,506
Principal + Equity
$4,701
Annual Total Gain
$38,338
Cash on Cash
-9.5%
Net ROI %
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Best Cities to Raise a Family in America
#47out of 229 markets
Best Cities for Outdoor Activities in America
#64out of 229 markets
Cities with the Best Public Schools in America
#21out of 229 markets
A-
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Temecula, CA.
In Temecula, CA, Short Term Rental (STR) regulations are primarily governed by the city's Municipal Code. Here are some key regulations that an investor should be aware of before purchasing a property for STR purposes in Temecula:
1. Permit Requirement: In Temecula, property owners are required to obtain a Short Term Rental Permit before operating a STR. The permit must be renewed annually and failure to obtain a permit can result in fines and penalties.
2. Zoning Restrictions: The city of Temecula has specific zoning regulations that dictate where STRs are allowed to operate. It is important for investors to ensure that the property they are considering purchasing is located in a zone that permits STRs.
3. Occupancy Limits: Temecula has occupancy limits for STRs, which vary depending on the size of the property. Investors should be aware of these limits and ensure that they comply with them to avoid any potential violations.
4. Noise and Nuisance Regulations: The city of Temecula has strict regulations regarding noise and nuisance issues related to STRs. Investors should be aware of these regulations and take steps to ensure that their property does not cause disturbances to neighbors.
5. Transient Occupancy Tax (TOT): Property owners who operate STRs in Temecula are required to collect and remit Transient Occupancy Tax to the city. Investors should factor in this additional cost when considering the financial viability of purchasing a property for STR purposes.
6. Insurance Requirements: Property owners who operate STRs in Temecula are required to carry liability insurance coverage. Investors should ensure that they have the appropriate insurance coverage in place before renting out their property.
Overall, investors considering purchasing a property for Short Term Rental purposes in Temecula should familiarize themselves with the city's regulations and ensure that they are in compliance to avoid any potential legal issues or fines. It is also recommended to consult with a local real estate attorney or property management company for guidance on navigating the STR regulations in Temecula.
Market Trends Over Time
Explore 25 years of market data for Temecula, 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 Temecula, CA.
The LTR Genie Score of Temecula, CA is 58 and STR Genie Score is 66, indicating a moderate and high rating respectively. The LTR Rentability is moderate, with a Rent Growth Rate of 0.0542% and Net ROI of 20.15%. On the other hand, the STR Net ROI is higher at 31.44%, with an Occupancy rate of 43.33% and Revenue of $5604. The 1-Year Price Appreciation Forecast is 1.47%.
The LTR Genie Score is lower than the STR Genie Score, which suggests that short-term rental investment might be more lucrative in Temecula, CA compared to long-term rental investment. This could be due to the higher Net ROI and Occupancy rate for short-term rentals in the area.
Temecula, CA is known for its vineyards, wineries, and hot air balloon rides, making it a popular tourist destination. This could explain the higher STR Genie Score, as short-term rentals may be in higher demand for vacationers looking to experience the area's attractions.
Based on the metrics provided, it appears that Temecula, CA may be more attractive for short-term rental investment rather than long-term rental investment. Investors looking to capitalize on the tourism industry in the area may find success with short-term rental properties. However, it is important to conduct further research and analysis to make an informed decision.
LTR Genie Score 64
$649,999
🛏 4 Beds🛁 3.0000 Baths🏙 2,343 sqft.🏠 SINGLE FAMILY
