Based on comps, this 3-bed, 1-bath, 1,988 sqft single-family in Roaring Spring should rent for $1,025–$1,150/month. The local average for similar homes hovers around $1,000–$1,300, though larger homes or newly renovated spaces push higher. With a list price of $75K and solid rental demand in the area, the gross annual revenue could reach $12.3K–$13.8K. That translates to a payback period of 5.5–6 years before expenses—well above average for the region. Neighborhood trends show modest appreciation and steady rental demand, but renovation is needed to maximize potential. Major positives include lot size, new roof, and off-street parking, while the dated interior and lack of central cooling could slow lease-up or command lower rent.
Investors should prioritize interior updates—modern flooring, updated kitchen, and fresh paint will boost both rent and tenant quality. Consider adding air conditioning, as many renters in this market expect at least basic cooling. If selling, sprucing up curb appeal and marketing the large lot and recent roof/boiler updates will help. For rental, target families or professionals seeking space and yard, but price conservatively until renovations are complete.