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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$2,296
$3,158
Appreciation
Data-driven answers to common investor questions about this market.
8.1%
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Job Growth
0.04%
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Population
119,508
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The LTR Genie Score of West Palm Beach, FL is 76 and the STR Genie Score is 82, indicating a high level of rentability for both long-term and short-term rental properties in this market. The high scores can be attributed to the positive LTR and STR Net ROI percentages, as well as the strong 1-Year Price Appreciation Forecast. The STR Genie Score is slightly higher than the LTR Genie Score, suggesting that short-term rental investment may yield slightly better returns in West Palm Beach.
West Palm Beach, FL is a popular tourist destination known for its beautiful beaches, vibrant downtown area, and cultural attractions. The city's strong economy and growing population make it an attractive market for real estate investors looking to capitalize on both long-term and short-term rental opportunities.
Based on the metrics provided, West Palm Beach, FL appears to be a promising market for both long-term and short-term rental investments. With high LTR and STR Genie Scores, positive rent growth rates, and strong ROI percentages, investors may find success in either rental strategy in this market. It is recommended for real estate investors to consider diversifying their portfolio by investing in both long-term and short-term rental properties in West Palm Beach to maximize their returns.