This property, located in Little Rock's Boyle Park neighborhood, has a rental potential ranging from $1,500 to $1,695 per month. With three bedrooms and a spacious 1,744 sqft, the home offers features like an updated kitchen and baths, hardwood floors, and a carport. The area's current market trends indicate stable rental demand, and the property's proximity to local amenities enhances its appeal. However, being a single-family home, the payback period might be longer compared to multi-family investments.
Enhancing curb appeal with landscaping and maintaining the updated kitchen and baths could increase rental value. Consider adding energy-efficient features to attract tenants and potentially raise monthly rent. If contemplating a sale, the owner should highlight the recent updates and neighborhood appeal, possibly seeking a price slightly above the median for similar properties in Little Rock to maximize returns.