This 3-bed, 3-bath, 1,940 sqft single-family home in South Miami shows a rent potential of $6,300–$9,500/month, based on recent rental listing data and comparable properties. At a $7,300/month asking rent, the annual revenue could hit $75K–$114K. This range suggests a payback period of roughly 16–29 years against the $1.85M list price. Market demand for single-family rentals in Miami remains robust due to affordability pressures and migration trends, keeping vacancy low and rents trending upward. The property’s updated kitchen, new roof, private pool, and top-rated schools boost desirability and justify premium rents. Only challenge: high price point may limit the pool of renters.

To maximize rental value, consider light upgrades to bathrooms, energy-efficient appliances, and landscaping to further enhance curb appeal. If selling, highlight the move-in-ready condition, pool, and proximity to elite schools and UM. Staging the home to showcase flexible living and work-from-home options could widen appeal. For investors, market to families and professionals seeking high-end, turnkey rentals in South Miami’s sought-after neighborhood.