This 3-bed, 2.5-bath townhome in Sayreville shows promising rent potential. With comps ranging from $3,200 to $3,300 monthly, we're looking at annual revenue between $38K and $40K. The property's end-unit status, recent updates, and wooded lot are definite perks. Sayreville's market is heating up, with home values climbing 2.5% last year. The finished basement and community amenities like tennis courts could be major draws for renters. However, the HOA fee of $236/month might impact overall returns.
To boost rental appeal, consider upgrading appliances or adding smart home features. The deck could be enhanced for better outdoor living. If selling, highlight the property's investment potential and recent market appreciation. The current owner might want to explore refinancing options to capitalize on increased equity. Given the strong rental market in Sayreville, holding onto this property could yield solid long-term returns. It's worth getting a professional property management assessment to maximize rental income.