This Phoenix property boasts solid rent potential, with estimated monthly revenue between $1,679 and $1,953. Given the $491K valuation, we're looking at a 20-24 year payback period - not too shabby for a long-term investment. The Lakewood neighborhood's $575K median listing price suggests an upward trend. With 2 beds, 2 baths, and that sweet covered patio, it's got the makings of a desirable rental. The community amenities? Now that's the cherry on top for attracting quality tenants.
To boost rental appeal, consider modernizing the kitchen and bathrooms - those always pack a punch. Maybe add some smart home features? Tenants love those. If selling's on the horizon, highlight the property's location near award-winning schools and that fishable lake - unique selling points that'll make it stand out. And don't forget to play up the low-maintenance artificial turf backyard. That's music to any landlord's ears!