The townhome in Aventura, with its spacious 3-bed, 2.5-bath layout and modern features, can potentially bring in a monthly rental income between $3,100 and $3,900. Given the vibrant Aventura neighborhood and proximity to amenities like Aventura Mall, this property stands out in the rental market. The payback period will hinge on achieving higher rent within this range, especially considering the $1,285 monthly HOA fees. Its golf course views and renovated interiors are appealing, but competition from newer developments might pose a challenge.
To boost rental income, consider enhancing the property's curb appeal and upgrading any dated appliances or fixtures. Should the owner decide to sell, highlighting the property's recent renovations, proximity to shopping, and the growing demand in Aventura will be key. Investing in more energy-efficient features could also attract eco-conscious tenants, potentially raising both rental and resale value.