This single-family property in North Phoenix, Arizona, offers promising rent potential, with estimated monthly rents ranging from $2,060 to $2,560. Given the local market trends, the property could generate between $24,720 and $30,720 annually. The neighborhood's increasing desirability and amenities, such as a private pool and a two-car garage, enhance its appeal. Challenges may include the competitive rental market, but the property's features like dual-pane windows and spacious layout contribute positively to its rental potential.
To increase rental income, consider modernizing the interior with updated fixtures and appliances. This could justify higher rents within the given range. If considering selling, highlight the proximity to amenities and the property's rental yield potential. Enhancing curb appeal with landscaping could also attract more prospective tenants or buyers, thereby maximizing the property's market value.