Based on comps and market data, this 2,232 sqft 3-bed/2-bath single-family home in Elmwood Park has a rent potential ranging from $2,800 to $3,600/month. Most similar homes in this area lease at the upper end of local averages (3-beds typically $3,100–$3,600/month). With annual gross rent between $33.6K and $43.2K, the estimated payback period (ignoring expenses) is roughly 16–21 years on a $695K valuation. Demand remains steady in this established Bergen County neighborhood, with rents up 8% year-over-year and low vacancy. Features like central air, updated appliances, and large living spaces boost appeal, but school ratings and lack of a garage may limit some tenant demand. The split-level layout and large family room are attractive differentiators, while moderate wind and heat risks are generally manageable.

To maximize rental value, consider minor cosmetic upgrades such as new flooring, refreshed paint, and modern lighting. Adding in-unit laundry (if not present) and landscaping can further raise appeal. If considering a sale, market to both investors and owner-occupants—the flexible floor plan and size are a draw. Highlight recent rent growth and potential for high cash flow. Be mindful of local rental regulations and screening practices to attract stable long-term tenants.