The property at 2215 Cooley Ave, East Palo Alto, offers a promising rental potential. With a range of $7,000 to $7,750 in monthly rent, the annual revenue could reach up to $93K. Given the rising demand in East Palo Alto, partly due to its proximity to tech hubs, the payback period could be quite attractive, particularly if market conditions remain favorable. The property's spacious layout and four bedrooms make it appealing to families, but its older construction may pose a maintenance challenge.
To enhance rental income, consider modernizing key areas like the kitchen or bathrooms, as these updates often yield a high return on investment. If selling is on the table, positioning the property as a prime rental opportunity with potential for steady cash flow will attract investors. Highlight its proximity to Silicon Valley, which is a significant selling point in the current market.