Based on comparable properties and current Kalamazoo rental data, this 4-bed, 1.5-bath, 1,234 sqft single-family home in Eastwood should command a monthly rent around $1,650. This is above the city’s average, reflecting its size, bed count, and amenities like hardwood floors, fenced yard, hot tub, pool, and updated interiors. At this rate, annual potential revenue is about $19.8K. Estimated payback (recouping the $214.9K list price) is roughly 11 years, not accounting for vacancy or expenses. The Eastwood area is stable with moderate demand, and larger homes like this remain in short supply. Unique perks (spa, pool, garage) push it to the top of the local rental market, but older construction may require ongoing maintenance. The challenge is staying competitive with newer rentals and minimizing turnover.
To further increase value, consider minor kitchen/bath updates, add central air, or enhance curb appeal—these can justify a premium rent and attract quality tenants. If selling, highlight the unique features (pool, spa, fenced yard) and potential for owner-occupiers or investors seeking above-average rental yields. If holding, keep maintenance up and target families or professionals seeking space and amenities. Smart home upgrades or energy efficiency improvements could also boost value.