The property located at 210 Lake St in King, NC, offers a promising rental potential. With an estimated rent range between $1,295 and $1,450 per month, the total annual revenue could reach between $15,540 and $17,400. Given the competitive rental market in King, this property's central location and updated features like central cooling and a heat pump are appealing. However, the single-family home type presents a challenge in maximizing rental income compared to multi-unit properties.
To boost rental income, consider modernizing interior finishes and enhancing curb appeal. Adding energy-efficient appliances could attract higher-paying tenants. If selling, highlight the large lot size and recent renovations to appeal to buyers seeking investment properties with low initial maintenance. These steps could enhance the property's value by up to 15%, making it more competitive in the market.
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Current Specs
3 Bed / 1 Bath
1,075 sqft
Single-Family
Built in 1959
Asphalt/Composition Shingle
Rent Comps
$800
$1,345
$1,710
LOW
MEDIAN
HIGH
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