This updated 3-bed, 2-bath single-family home (1,399 sqft) in Chandler, AZ is currently listed for rent at $2,350/month. Based on comps for similar 3-bed homes nearby, rent potential realistically ranges from $2,190 to $2,800 per month, with the median near $2,350. Annual gross revenue estimates fall between $26K and $34K. Given these figures, a typical investor could expect a payback period of roughly 13–16 years (excluding expenses and appreciation), which is competitive for the area. Chandler’s rental market remains healthy but has cooled slightly; rents are still growing, albeit at a slower 2–3% YoY pace, and vacancy times are rising. Upgrades like new flooring, granite counters, and stainless appliances set this property apart and help maximize rent. Still, longer market times and more selective tenants are a new reality.

To boost rental value, consider landscaping the backyard for low-maintenance appeal and adding smart home features or energy-efficient upgrades—these are increasingly attractive to Chandler's tech-oriented renters. If you’re considering selling, highlight the turnkey updates, proximity to strong schools, and easy access to major employers and highways. Pricing aggressively within the local comp range can help minimize vacancy given the current slightly longer leasing cycles.