The property, located in Charleston, WV, offers rental potential based on its size and features. With 3 bedrooms and 1,176 sqft, it could rent for around $1,100 per month, considering local market trends. The estimated payback period would depend on the purchase price and operating costs. Current market conditions show a warm rental market with increasing demand. The property's single-family nature and neighborhood trends suggest stable, though not exceptionally high, rental potential. Unique selling points include a large lot size and potential for renovation to increase value.
Potential improvements could include enhancing interior amenities and possibly adding a second bathroom to increase rental appeal. For current owners considering selling, focusing on cosmetic updates and marketing the property's potential for renovation could attract buyers looking for a rental income opportunity.