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Wylie, TX 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
$1,929
Monthly Cash Flow
-$873
Principal + Equity
$2,620
Annual Total Gain
$20,957
Cash on Cash
-9.88%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$215
Occupancy Rate
50%
Monthly Revenue
$2,618
Monthly Cash Flow
-$577
Principal + Equity
$2,620
Annual Total Gain
$24,514
Cash on Cash %
-6.53%
Net ROI %
Market Health & Growth
Median Income
$113,661
Population
58,991
LTR Renter %
23.82%
Forecast (1 yr)
-0.1%
Appreciation (1 yr)
-4.58%
Appreciation (5 yr)
40.44%
Appreciation (10 yr)
87.56%
Job Growth
-2.38%
LTR Rentability
Moderate
STR Demand
66
STR Rentals
52
Top Public Schools
APlano East Senior High School
ALovejoy High School
A
A
A
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 Suburbs to Live in Texas
#73out of 417 markets
Most Diverse Suburbs in Texas
#61out of 417 markets
Best Suburbs to Raise a Family in Texas
#59out of 417 markets
A-
Public School
B-
Crime And Safety
B
Housing
C
Nightlife
A-
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 Wylie, TX.
As of October 2021, Wylie, TX does not have specific regulations in place for short term rentals. However, it is important for investors to be aware of potential changes in regulations and to stay informed about any developments in this area.
Investors should also consider the potential impact of short term rentals on the local community, including issues such as noise, parking, and property maintenance. It is important to be a responsible host and to ensure that guests are respectful of the neighborhood and local regulations.
Additionally, investors should be aware of any homeowners association rules or restrictions that may apply to short term rentals in Wylie. Some HOAs may have specific guidelines regarding short term rentals, so it is important to review these before purchasing a property.
Overall, while Wylie does not currently have specific regulations for short term rentals, investors should stay informed about any changes in regulations and consider the potential impact on the local community before investing in a property for short term rental purposes.
Market Trends Over Time
Explore 25 years of market data for Wylie, TX, 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 Wylie, TX.
The LTR Genie Score of Wylie, TX is 55 and STR Genie Score is 41, indicating a moderate level of attractiveness for both long-term and short-term rental investments. The LTR Rentability is moderate, suggesting that there is potential for steady rental income in the long term. However, the 1-Year Price Appreciation Forecast of -0.1% may deter investors looking for short-term gains. The STR Genie Score is lower than the LTR Genie Score, indicating that the short-term rental market may be less lucrative in Wylie compared to long-term rentals.
Wylie, TX is a growing suburb located just northeast of Dallas, known for its family-friendly community, good schools, and affordable housing options. With a mix of urban amenities and a suburban feel, Wylie offers a diverse range of housing options for investors to consider.
Overall, Wylie, TX may be more attractive for long-term rental investments due to its moderate LTR Genie Score and steady rent growth rate. Investors looking for stable rental income and potential for long-term appreciation may find Wylie to be a suitable market for real estate investment. However, those seeking higher short-term rental returns may need to carefully evaluate the market dynamics before diving into the short-term rental market in Wylie.
LTR Genie Score 93
$185,000
🛏 3 Beds🛁 1.0000 Baths🏙 1,316 sqft.🏠 SINGLE FAMILY
