Rent report generated Dec 17, 2024
The Rent Potential of
121 Woodruff St Woodruff, SC
is $2,200 – $2,200/mo.
Rent Advice
With the property's average rent potential estimated at $2,200 per month, the total annual revenue could be around $26,400. Given its current valuation and list price, the estimated payback period could be relatively short, assuming consistent occupancy. Elkin presents a stable market with moderate growth potential, and the property's features such as hardwood floors and additional storage add to its rental appeal. However, being a single-family home, it lacks multi-unit income potential.
To enhance the property's rental value, consider updating the interior with modern amenities and fresh paint. Improving energy efficiency could also attract higher-paying tenants. If selling, highlight the spacious layout and potential for customization to prospective buyers. These improvements can increase the property's market value, making it more appealing to both renters and investors.
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