LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$3,928
Monthly Cash Flow
-$4,448
Principal + Equity
$11,855
Annual Total Gain
$88,883
Cash on Cash
-12.92%
Net ROI %
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A-
Overall
Top-level market grade
Best Places to Live in Colorado
#68out of 278 markets
Best Places to Retire in Colorado
#13out of 148 markets
Places with the Best Public Schools in Colorado
#67out of 149 markets
B-
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Vail, CO.
In Vail, CO, short term rentals (STRs) are subject to regulations that investors should be aware of before purchasing a property for this purpose. Some key regulations include:
1. Licensing and Permitting: In Vail, property owners must obtain a short term rental license from the town in order to legally operate a STR. This license must be renewed annually and there are specific requirements that must be met in order to obtain and maintain the license.
2. Zoning Restrictions: The town of Vail has specific zoning regulations that dictate where STRs are allowed to operate. Investors should ensure that the property they are considering purchasing is located in a zone that permits short term rentals.
3. Occupancy Limits: Vail 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 are in compliance with them.
4. Taxation: STRs in Vail are subject to lodging taxes, which must be collected and remitted to the town. Investors should be aware of their tax obligations and ensure that they are in compliance with all tax regulations.
5. Noise and Behavior Regulations: Vail has regulations in place to address noise and behavior issues related to STRs. Investors should be aware of these regulations and take steps to ensure that their guests are respectful of the community.
6. Homeowners' Association Rules: If the property is located within a homeowners' association (HOA), investors should review the HOA rules and regulations to ensure that STRs are allowed and to understand any additional restrictions that may apply.
Overall, investors considering purchasing a property for short term rental in Vail should thoroughly research and understand the regulations and requirements that apply to operating a STR in the area. Failure to comply with these regulations can result in fines and other penalties, so it is important to be informed and proactive in ensuring compliance.
Market Trends Over Time
Explore 25 years of market data for Vail, CO, 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 Vail, CO.
The LTR Genie Score of Vail, CO is 61 and STR Genie Score is 56, indicating a moderate level of rentability for both long-term and short-term rental investments in this market. The LTR Net ROI of 21.51% and STR Net ROI of 23.27% suggest that both rental strategies can yield profitable returns for investors. The 1-Year Price Appreciation Forecast of 4.8% indicates potential for property value growth in the near future.
The STR Genie Score is slightly lower than the LTR Genie Score, which could be attributed to the lower STR Occupancy rate of 47.06% compared to the stability of long-term rentals. However, the higher STR Net ROI suggests that short-term rentals in Vail may offer higher returns despite lower occupancy rates.
Vail, CO is a popular destination for outdoor enthusiasts, known for its world-class skiing and picturesque mountain views. The town attracts tourists year-round, making it an attractive market for both long-term and short-term rental investments.
Overall, Vail, CO presents opportunities for both long-term and short-term rental investments. Investors looking for stable, consistent income may prefer long-term rentals, while those seeking higher returns and are willing to manage occupancy fluctuations may find success with short-term rentals. It is recommended for real estate investors to carefully analyze their investment goals and risk tolerance before deciding on the best rental strategy for Vail, CO.
