The potential revenue for this single-family property ranges from approximately $15.6K to $21K annually, based on a rent of $1,300 to $1,750 per month. The payback period hinges on local market conditions and the property's list price of $164.9K. The Hummelstown area is known for its charm and accessibility to local amenities, which increases its rental appeal. However, the property's need for updates may pose a challenge, but its classic Cape Cod style and private backyard are strong selling points.
To boost rental income, consider modernizing key areas like the kitchen and bathroom. Enhancing curb appeal could also attract higher-paying tenants. If selling is on the horizon, investing in minor renovations to refresh the property's appearance can elevate both market value and buyer interest, potentially leading to a quicker sale at a favorable price.