Rent report generated Dec 31, 2024
The Rent Potential of
8310 Austin Peay Hwy Millington, TN
is $1,720 – $2,625/mo.
Rent Advice
This single-family home in Millington offers a promising rental income potential, with estimated rents ranging from $1,720 to $2,625. Given its 4 bedrooms and 2.5 bathrooms, this property can attract families seeking spacious living. The attractive features like a new roof, updated kitchen, and a large lot enhance its rental appeal. Market trends in Millington show stable demand, with potential for appreciation. Challenges might include the rural setting, which may limit tenant pool size compared to urban areas.
To boost rental income, consider modernizing the interior with fresh paint and updated fixtures. Enhancing curb appeal with landscaping could also attract tenants. If contemplating a sale, highlight the property's large lot and recent updates in marketing materials to appeal to buyers seeking move-in-ready homes. These improvements can potentially increase both rental and resale value.
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