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Truckee, CA Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$4,038
Monthly Cash Flow
-$1,991
Principal + Equity
$6,145
Annual Total Gain
$49,849
Cash on Cash
-9.52%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$464
Occupancy Rate
41.94%
Monthly Revenue
$4,632
Monthly Cash Flow
-$2,092
Principal + Equity
$6,145
Annual Total Gain
$48,646
Cash on Cash %
-10%
Net ROI %
Market Health & Growth
Median Income
$125,995
Population
16,942
LTR Renter %
22.2%
Forecast (1 yr)
-1.2%
Appreciation (1 yr)
-1.24%
Appreciation (5 yr)
45.3%
Appreciation (10 yr)
86.44%
Job Growth
3.28%
LTR Rentability
High
STR Demand
48
STR Rentals
1,477
Top Public Schools
A-Truckee High School
A-Glenshire Elementary School
A-
A-
B
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 Suburbs to Raise a Family in California
#113out of 526 markets
Best Suburbs for Young Professionals in California
#138out of 526 markets
Suburbs with the Best Public Schools in California
#132out of 526 markets
A-
Public School
C
Crime And Safety
C-
Housing
B
Nightlife
A-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Truckee, CA.
In Truckee, CA, Short Term Rental (STR) regulations are primarily governed by the Town of Truckee Municipal Code. Investors looking to purchase a property for short term rental purposes in Truckee should be aware of the following regulations:
1. Permit Requirement: All short term rentals in Truckee require a valid permit from the Town of Truckee. The permit application process includes submitting an application, paying a fee, and meeting certain requirements such as providing proof of insurance and adhering to occupancy limits.
2. Occupancy Limits: The Town of Truckee has specific occupancy limits for short term rentals based on the size of the property. Investors should ensure that their property complies with these limits to avoid fines or penalties.
3. Noise and Nuisance Regulations: Short term rental properties in Truckee must comply with noise regulations and other nuisance ordinances. Excessive noise or disruptive behavior can result in fines or the revocation of the rental permit.
4. Transient Occupancy Tax (TOT): Investors should be aware that Truckee imposes a Transient Occupancy Tax on short term rentals. This tax must be collected from guests and remitted to the Town of Truckee on a regular basis.
5. Homeowner's Association (HOA) Rules: If the property is located within a homeowners association, investors should review the HOA rules and regulations regarding short term rentals. Some HOAs may have restrictions or prohibitions on short term rentals.
6. Parking Regulations: Truckee has specific parking regulations for short term rental properties. Investors should ensure that their property has adequate parking spaces for guests and complies with all parking regulations.
7. Health and Safety Inspections: The Town of Truckee may conduct health and safety inspections of short term rental properties to ensure compliance with building codes and regulations. Investors should be prepared for these inspections and address any issues promptly.
Overall, investors looking to purchase a property for short term rental purposes in Truckee should thoroughly research and understand the local regulations and requirements to ensure compliance and avoid any potential legal issues or penalties. Consulting with a local real estate attorney or property management company familiar with STR regulations in Truckee can also be beneficial.
Market Trends Over Time
Explore 25 years of market data for Truckee, 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 Truckee, CA.
The LTR Genie Score of Truckee, CA is 54 and STR Genie Score is 47, indicating a moderate to high level of investment potential in both long-term and short-term rental markets. The LTR Rentability is high, suggesting that there is a strong demand for long-term rentals in the area. However, the LTR Rent Growth Rate is 0.0%, which may indicate limited potential for rental price increases in the near future. On the other hand, the STR Net ROI is slightly higher than the LTR Net ROI, indicating that short-term rentals may offer a slightly better return on investment.
Truckee, CA is a popular destination for outdoor enthusiasts, with easy access to skiing, hiking, and other recreational activities. The 1-Year Price Appreciation Forecast of -1.2% suggests that property values may decrease slightly in the coming year, which could impact overall investment potential.
Based on the metrics provided, Truckee, CA appears to be a suitable market for both long-term and short-term rental investments. Investors may want to consider diversifying their portfolio by investing in both rental strategies to maximize their returns. However, it is important to closely monitor market trends and property values to make informed investment decisions in this area.
LTR Genie Score 93
$499,000
🛏 3 Beds🛁 2.0000 Baths🏙 1,711 sqft.🏠 SINGLE FAMILY