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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,489
$1,655
Appreciation
6.28%
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Job Growth
0.05%
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Population
86,358
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The LTR Genie Score of Temple, TX is 73 and STR Genie Score is 56, indicating a high and moderate rating respectively. The high LTR Genie Score can be attributed to the very high LTR Rentability, LTR Net ROI of 24.41%, and positive LTR Rent Growth Rate of 0.0486%. On the other hand, the moderate STR Genie Score is influenced by the STR Net ROI of 22.83%, 1-Year Price Appreciation Forecast of 0.65%, and STR Occupancy rate of 58.33%.
Temple, TX is a growing market with a diverse economy driven by healthcare, education, and manufacturing industries. The city offers a mix of urban amenities and a suburban feel, making it attractive to both residents and investors.
Considering the metrics and Genie Scores, Temple, TX seems to be a more attractive market for long-term rental investment rather than short-term rental investment. With a high LTR Rentability and Net ROI, investors can benefit from stable rental income and potential appreciation in property value over time. However, investors should also keep an eye on the 1-Year Price Appreciation Forecast for potential growth opportunities in the market.