The property, located in the Coral Creek neighborhood of Coral Springs, FL, boasts a strong rent potential ranging from $3,200 to $4,100 per month. With its 2,356 sqft and 3-bed, 2-bath configuration, it fits the market demand well. Given the neighborhood's steady growth and current market conditions, the estimated payback period based on rental income is favorable. Unique selling points include its spacious layout and the appeal of Coral Creek, though the lack of recent renovations might pose a challenge.
To maximize rental income, consider modernizing the interiors and adding energy-efficient features. This could attract higher-end tenants and potentially increase rent. If contemplating a sale, the owner should emphasize the property's location in a desirable neighborhood and its ample living space. Highlighting these aspects can attract investors looking for long-term rental income.