The property at 12507 N Roxboro St, Rougemont, NC, offers rental income potential ranging from $1,925 to $3,150 per month, based on local market comps. This translates to an annual revenue of $23,100 to $37,800. With a purchase price of $485,000, the estimated gross rent multiplier (GRM) would range between 12.8 and 20.7, indicating a moderate payback period. Market conditions for single-family rentals in the area are favorable, driven by increased demand due to high homeownership costs. The property's large lot size, modern upgrades, and proximity to Durham enhance its rental appeal, though its rural location may slightly limit tenant pool size.
To maximize rental income, consider converting the unfinished building into a rentable guest house or additional unit. Highlight the property's modern updates, fruit trees, and spacious layout in marketing materials. If selling, emphasize its move-in readiness and potential as a multi-generational rental or income-generating property. Pricing competitively and targeting renters seeking rural tranquility with urban access will attract quality tenants or buyers.