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Union City, 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
$2,689
Monthly Cash Flow
-$4,670
Principal + Equity
$7,459
Annual Total Gain
$33,468
Cash on Cash
-18.34%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$272
Occupancy Rate
60%
Monthly Revenue
$3,034
Monthly Cash Flow
-$4,780
Principal + Equity
$7,459
Annual Total Gain
$32,148
Cash on Cash %
-18.77%
Net ROI %
Market Health & Growth
Median Income
$137,194
Population
68,141
LTR Renter %
32.95%
Forecast (1 yr)
-2.3%
Appreciation (1 yr)
-6.26%
Appreciation (5 yr)
39.31%
Appreciation (10 yr)
86%
Job Growth
-2.05%
LTR Rentability
Low
STR Demand
65
STR Rentals
82
Top Public Schools
AConnecting Waters Charter - East Bay
A-Tide Academy
A-
A-
A-
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
#178out of 526 markets
Best Suburbs for Young Professionals in California
#146out of 526 markets
Suburbs with the Best Public Schools in California
#184out of 526 markets
A-
Public School
C
Crime And Safety
D
Housing
B-
Nightlife
B
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 Union City, CA.
In Union City, CA, short term rentals (STRs) are regulated by the city's zoning code and business license requirements. Here are some key regulations that an investor should be aware of before investing in purchasing a property for short term rental in Union City:
1. Zoning regulations: Union City has specific zoning regulations that dictate where short term rentals are allowed to operate. It is important for investors to check the zoning of the property they are interested in purchasing to ensure that it is zoned for short term rental use.
2. Business license requirements: In Union City, property owners who wish to operate a short term rental are required to obtain a business license from the city. This license must be renewed annually and there may be fees associated with obtaining the license.
3. Transient occupancy tax: Union City imposes a transient occupancy tax on short term rentals, which is a tax paid by guests who stay in the rental property for less than 30 days. Property owners are responsible for collecting and remitting this tax to the city.
4. Health and safety regulations: Short term rental properties in Union City must comply with health and safety regulations, including building codes, fire safety regulations, and other requirements to ensure the safety of guests.
5. Noise and nuisance regulations: Union City has regulations in place to address noise and nuisance issues related to short term rentals. Property owners are responsible for ensuring that their guests comply with these regulations to avoid potential fines or penalties.
6. Homeowners' association rules: If the property is located in a homeowners' association (HOA), investors should also be aware of any rules or restrictions that the HOA may have regarding short term rentals. Some HOAs may prohibit or place restrictions on short term rentals.
Overall, investors should thoroughly research and understand the regulations and requirements for short term rentals in Union City before purchasing a property for this purpose. Failure to comply with these regulations could result in fines, penalties, or other consequences that could impact the profitability of the investment.
Market Trends Over Time
Explore 25 years of market data for Union City, 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 Union City, CA.
The LTR Genie Score of Union City, CA is 38 and the STR Genie Score is 44, indicating a moderate to low overall investment potential in both long-term and short-term rental markets. The low LTR Rentability and 1-Year Price Appreciation Forecast of -2.3% contribute to the lower LTR Genie Score, while the slightly higher STR Genie Score can be attributed to the STR Net ROI of 10.52% and STR Occupancy rate of 60.0.
Union City, CA is a suburban city located in the San Francisco Bay Area, known for its diverse population and proximity to major tech hubs like Silicon Valley. The city offers a mix of residential neighborhoods and commercial areas, making it an attractive location for real estate investment.
Based on the metrics provided, Union City may be more attractive for short-term rental investment due to the higher STR Genie Score and potential for higher returns. However, investors should carefully consider the market conditions and their investment goals before making a decision. It may be beneficial to explore a combination of both long-term and short-term rental strategies to maximize returns in this market.