This property in Doral, Florida, projects a rental revenue range between $7.7K and $13.5K monthly, based on comps in the area. With 5 beds and 5 baths in a spacious 4628 sqft home, its revenue potential is high. The neighborhood trend in Doral is favorable, with increasing demand for larger homes. However, the single-family nature means a longer payback period compared to multi-family investments. Modern features and a pool enhance its rental appeal, despite potential challenges from market fluctuations.
To boost rental income, consider adding high-end finishes or smart home technology, which are attractive to tenants in luxury markets. If contemplating a sale, timing is key: the current upward trend in Doral could maximize your return. Additionally, ensure the property is well-maintained to stand out in competitive listings. Upgrading the pool area or landscaping could also enhance curb appeal.