This Seymour, MO property offers a 4-bed, 2-bath home on 10 acres with recent updates and rural amenities. With an estimated monthly rent of $1,685, annual revenue lands at about $20.2K. Given the $159K list price, the gross rent multiplier (GRM) is an attractive 7.9, translating to a payback period of roughly 8 years. The spacious lot, garage, and updated features boost rental appeal, especially for families or those seeking privacy. However, rural location may limit tenant pool and turnover could be slower compared to urban markets.
To maximize rental income, consider adding or enhancing amenities such as high-speed internet, updated appliances, and outdoor entertainment areas. Keeping the property well-maintained and marketing its acreage for hobby farming or horses can attract premium tenants. If selling, highlight the updated systems, privacy, and land as unique selling points, but be ready to educate buyers about rural rental demand and realistic rent ranges.