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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$2,295
$2,448
Appreciation
5%
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Job Growth
0.03%
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Population
26,467
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The LTR Genie Score of Venice, FL is 71 and STR Genie Score is 63, indicating a high and moderate level of attractiveness for long-term rental and short-term rental investments, respectively. The high LTR Rentability and LTR Net ROI suggest that the market is favorable for long-term rental investments, with a steady rent growth rate and a strong return on investment. On the other hand, the moderate STR Genie Score and STR Net ROI indicate that short-term rental investments may not be as lucrative in this market compared to long-term rentals.
Venice, FL is a popular coastal city known for its beautiful beaches, cultural attractions, and vibrant community. The city offers a mix of residential neighborhoods, waterfront properties, and commercial areas, making it a diverse and dynamic real estate market for investors to consider. With a 1-Year Price Appreciation Forecast of -0.53%, investors should be cautious about potential fluctuations in property values in the short term.
In conclusion, Venice, FL appears to be an attractive market for long-term rental investments due to its high LTR Rentability and Net ROI. While short-term rental opportunities exist, they may not offer as strong of a return compared to long-term rentals. Investors looking for stable and consistent income streams may find success in the long-term rental market in Venice, FL.