This 3-bed, 1-bath, 960 sq ft single-family home in Del Monte Village, Phoenix, is poised to generate monthly rents between $1,375 and $1,649 based on local comp data. That puts annual potential revenue in the $16.5K–$19.8K range. With a list price of $249,900, the gross rent multiplier estimates a payback period of roughly 12.5–15 years, aligning with area norms. The West Phoenix market has seen rent growth taper off, but demand remains solid due to steady job growth and a surge in build-to-rent inventory. This property’s classic block construction, covered patio, carport, and alley access are attractive, but a dated interior and only one bathroom could limit appeal without upgrades.

Boosting rental value here would start with modernizing finishes, updating the kitchen and bath, and adding in-unit laundry. Basic cosmetic upgrades—fresh paint, new flooring, and curb appeal landscaping—could easily push rents to the upper end of the range. If considering a sale, minor improvements may deliver a strong ROI in a market with healthy but competitive rental demand. For long-term hold, position as an affordable, move-in ready option for families seeking 3 bedrooms on a budget.