Rent report generated Nov 29, 2024
The Rent Potential of
1919 S Sprague Ave Tacoma, WA
is $2,400 – $3,300/mo.
Rent Advice
The property at 1919 S Sprague Ave in Tacoma, a single-family home, offers potential rental revenue ranging from $2,400 to $3,300 per month, based on comparable data. With a central location and proximity to amenities, this home benefits from Tacoma's upward rental trend. The home's features, such as a large yard, modern comforts, and enhanced security, increase its appeal. However, being a single unit limits total revenue potential. Given the current market conditions, the payback period is likely moderate.
To enhance rental income, consider updates to boost curb appeal or energy efficiency, such as landscaping or window upgrades. If selling is on the horizon, emphasizing the property's unique features, like its security system and proximity to amenities, could attract more buyers. Offering incentives like reduced upfront fees might also appeal to potential renters in a competitive market.
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