The property at 2360 Phoenix Rd SW, Rochester, MN, boasts a solid rental potential. Based on the provided comps, with a monthly rent range between $3,573.50 and $4,000, the annual revenue could hit $42.9K to $48K. Given the property's modern features — like solar panels and an open floor plan — it stands out in the market. However, as a single-family home, it's less versatile than multi-unit properties, which might affect long-term rental demand.
To boost rental appeal, consider minor improvements like landscaping for curb appeal or upgrading interior fixtures. If selling, highlight the solar energy benefits and modern amenities to attract eco-conscious buyers. Such features can command premium pricing in a competitive market. Additionally, ensuring the property is in pristine condition will enhance its allure and potentially expedite the sale or rental process.