The property at 2121 Allensville Rd in Roxboro, NC, has rent potential estimated at $2,200 per month. With no HOA fees and a large 11.22-acre lot, this single-family home offers significant outdoor appeal and privacy. The estimated payback period based on rental income would take approximately 11-12 years, assuming stable rental demand. Roxboro’s rental market is cool, with average rents trending lower than the national average. Its 1935 construction and fixer-upper condition present renovation challenges, but its location near downtown amenities adds appeal.
Investing in updates such as modernizing interiors and enhancing curb appeal could significantly increase rental value. Adding energy-efficient upgrades or subdividing the property for additional rental units may also enhance returns. If selling, emphasizing the property’s acreage, proximity to downtown Roxboro, and potential for customization will attract buyers, particularly investors and renovators. Highlight its potential for future appreciation in a growing market.