Rent report generated Dec 15, 2024
The Rent Potential of
7913 Eland Dr Fredericksburg, VA
is $3,050 – $3,495/mo.
Rent Advice
The property at 7913 Eland Dr in Fredericksburg, VA, with its 2-acre lot and 4,020 sqft of total space, offers a substantial rental opportunity. Based on comparable data, potential rent ranges from $3,050 to $3,495 monthly. Given the property's size and amenities, coupled with Fredericksburg's growing rental market, the payback period could be relatively short. The colonial charm, spacious layout, and proximity to good schools enhance its appeal, though it lacks some modern amenities like a pool.
To maximize rental income, consider cosmetic upgrades, such as fresh paint or updated fixtures, which can enhance the property's appeal without a large investment. If the current owner is contemplating selling, emphasizing the property's large lot and potential for rental income could attract investors. Additionally, highlighting the property's proximity to schools and the serene neighborhood might appeal to families looking to rent.
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