The property at 8250 SW 27th Ln in Miami offers a strong rental potential with an estimated rent range between $3K to $3.9K based on comps in the area. The estimated payback period, considering these rental figures, is reasonable given the neighborhood's demand and growth trends. The Westchester area is desirable, with proximity to amenities and schools enhancing its appeal. Renovations, including a modern kitchen and impact windows, further boost its rental allure. However, being a single-family home may limit the tenant pool compared to multi-family units.
To enhance rental income, consider adding energy-efficient upgrades or smart home features, which can attract higher-paying tenants. If selling is on the table, accentuating the recent renovations and the property's location near schools and amenities can increase its marketability. Staging the home to highlight its spacious layout and outdoor entertainment area could also appeal to potential buyers.