The Rent Potential of 295 Scenic Ave Piedmont, CA 94611 is $5,250 – $7,000/mo.
Rent Advice
This property in Piedmont, California, offers a potential monthly rental revenue ranging from $5.25K to $7K, based on the area's average rent for comparable properties. Given Piedmont's desirable location and high demand in the rental market, a payback period could be relatively short, assuming full occupancy and minimal vacancy. The property features, such as a mid-century style, updated kitchen, and stunning views, enhance its rental potential, albeit with the challenge of being a single-family unit rather than multi-family.
To increase the property's rental value, consider modernizing the interior further or adding eco-friendly amenities, which are highly attractive to today's renters. If the current owner is contemplating selling, they might capitalize on the active market by highlighting the property's unique views and proximity to highly-rated schools and amenities, appealing to both investors and families.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.
Current Specs
4 Bed / 3 Bath
1,855 sqft
Single-Family
Built in 1952
Rent Comps
$4,499
$5,423
$7,000
LOW
MEDIAN
HIGH
Most similar comps
These are the comps most similar in size, bed-bath count, and location.
2 Listings
4 Bed / 3 Bath
1,503 - 2,200 sqft
Within 2.8 mi
Avg. Monthly Rent$4,875
High-end comps
These are the highest-priced comps in the market. They demonstrate the price range for renovated homes with new finishes and modern appliances.