The property at 43 Terrace Park in Rochester, NY, is a single-family home featuring three bedrooms and one bath with a living area of 1,374 sqft. Based on the rental comps, the rent potential ranges between $1,300 to $1,650 monthly. This translates to an annual revenue of $15.6K to $19.8K. With current market conditions, the payback period for such a property is moderate, given the neighborhood's steady appreciation and median listing prices. The property's older architecture and efficient heating features could attract renters. However, its age might require some updates.

To enhance rental income, consider modernizing the interior and addressing any maintenance issues. These improvements could justify higher rent. For owners considering selling, enhancing curb appeal and ensuring the home is move-in ready could boost its attractiveness in the market. Given the neighborhood's rising median prices, holding onto the property could result in significant appreciation over time.