This 3-bed, 2-bath single-family ranch in Rossville offers 1,952 sqft and is well-suited for families or roommates seeking space and comfort. Based on current Rossville comps, average rent ranges from $1,695 to $2,099 per month for similar homes, notably above the citywide median of $1,437 for houses. At the midpoint ($1,900/mo), annual gross revenue is $22.8K. Estimated payback period on the last sale price ($110K) is under 5 years on gross rents alone, which is quite strong for the area. The property’s covered porch, deck, hardwoods, and garage add appeal, but its age (1947) and as-is condition might require updates to maximize value.
To increase rental income, consider fresh paint, modern fixtures, and updating kitchens and baths. Curb appeal upgrades like landscaping or a new fence can attract higher-paying tenants. If selling, highlight the oversized lot, upgrades, and potential for high cash flow in your marketing. Investors will appreciate the low price per square foot and value-add upside in a growing rental market.