This 3-bedroom, 1.5-bath farmhouse on 3 acres offers strong rental potential. With 1,880 sqft and recent updates, it could generate $1,400-$1,900 monthly. The rural setting and large lot are attractive features. At $185,000 list price, the potential gross annual income of $16,800-$22,800 suggests a favorable cap rate. The property's charm, acreage, and outbuildings add value for renters seeking a country lifestyle.
Consider minor cosmetic updates to maximize rental appeal. Market the property's rural charm, spacious acreage, and potential for hobby farming or animal keeping. Target renters looking for a quiet country setting with ample outdoor space. Highlight the updated kitchen, hardwood floors, and covered porch as key selling points. Evaluate the condition of outbuildings and consider improvements to increase overall property value and rental potential.