Rent report generated Nov 23, 2024
The Rent Potential of
2652 Starr Meadows Loop Reno, NV
is $2,695 – $2,800/mo.
Current Specs
4 Bed / 2.5 Bath
2,159 sqft
Single-Family
Built in 1990
Rent Comps
$2,595
$2,795
$4,500
LOW
MEDIAN
HIGH
Most similar comps
These are the comps most similar in size, bed-bath count, and location.
17 Listings
4 Bed / 2.5 Bath
1,837 - 2,086 sqft
Within 5.6 mi
Avg. Monthly Rent$2,783
High-end comps
These are the highest-priced comps in the market. They demonstrate the price range for renovated homes with new finishes and modern appliances.
1 Listing
4 Bed / 2.5 Bath
2,475 sqft
Within 7.4 mi
Avg. Monthly Rent$4,500
Rent Advice
The property at 2652 Starr Meadows Loop in Reno offers a promising rental potential. With 4 bedrooms and 2.5 baths, the estimated monthly rent ranges from $2,695 to $2,800. This is based on comparable properties in the area. Given the property's recent renovations, including a luxury kitchen and high-end bathrooms, and its location in the desirable Lakeridge Springs neighborhood, it is well-positioned for strong rental demand. Market conditions in Reno are favorable, with steady growth in rental prices, ensuring a competitive edge. The estimated payback period is relatively short, given the rental potential and market trends.
To maximize rental income, consider enhancing the property's energy efficiency with modern appliances or smart home features. These updates can attract higher-end tenants willing to pay a premium. If considering selling, highlighting recent renovations, the property's views, and its location within a family-friendly neighborhood with community amenities can make it more attractive to potential buyers.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.