Rent report generated Dec 31, 2024
The Rent Potential of
7131 Meadowbrook Rd Lynchburg, VA 24502
is $1,695 – $1,900/mo.
Rent Advice
The property at 7131 Meadowbrook Rd in Lynchburg boasts a solid rental potential. With a four-bedroom setup, the estimated rent ranges between $1,695 and $1,900 monthly. This aligns well with local market comps. The payback period, based on the list price of $285K, suggests a moderate investment recovery timeline. The Richland Hills neighborhood is desirable, enhancing rent appeal. Features like a modern kitchen and cozy living space boost attractiveness. Challenges? Limited bathrooms might be a minor setback.
To maximize rental income, consider upgrading the bathrooms and enhancing the curb appeal. These improvements can justify the upper end of the rental range. If considering selling, emphasize the property's strong neighborhood presence and potential for rental income growth. Highlighting recent upgrades or renovations can also attract potential investors. Engaging in light landscaping could further elevate the property's market positioning.
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