The property at 1968 Don Juan Ln, Decatur is a charming 2-bedroom, 1-bathroom single-family home with a square footage of 936. Based on the comps provided, the potential rent ranges from $1,100 to $1,800 per month. This suggests a potential annual revenue between $13.2K and $21.6K. Considering the list price of $169.9K, the estimated payback period could be between 8 to 13 years, depending on rental income. The area of Decatur is experiencing growth, with renovations being common, enhancing market conditions. The solid brick structure and its proximity to main roads and amenities add to its appeal. However, being sold as-is and requiring probate approval could be a challenge.
To maximize rental income, consider updating the interiors, such as modernizing the kitchen and bathroom, and enhancing curb appeal with landscaping. If the owner is considering selling, addressing any maintenance issues and ensuring property is cleared of personal items can improve marketability. Highlighting its solid construction and potential for expansion could attract more buyers or tenants.