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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$2,495
$3,142
Appreciation
1.73%
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Job Growth
0.01%
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Population
672,079
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The LTR Genie Score of Washington, DC is 48, indicating a moderate level of rentability for long-term rental properties. On the other hand, the STR Genie Score is 65, suggesting a higher level of rentability for short-term rental or Airbnb properties. The higher STR Genie Score could be attributed to the higher net ROI and occupancy rate for short-term rentals compared to long-term rentals in this market.
Washington, DC is a unique real estate market with a mix of government, tourism, and business sectors driving demand for rental properties. The city offers a stable long-term rental market but also presents opportunities for higher returns through short-term rentals, especially in popular tourist areas.
Based on the metrics provided, Washington, DC seems to be more attractive for short-term rental investments due to the higher STR Genie Score, net ROI, and occupancy rate. However, long-term rentals can still be a viable option for investors looking for a more stable income stream. It may be beneficial for investors to consider a combination of both short-term and long-term rental properties to diversify their portfolio in this market.