This single-family home in Oklahoma City's Mesta Park neighborhood offers a promising rental potential. With 2 beds and 2 baths, the property's estimated rent ranges from $1,525 to $2,000 monthly. Given the median listing price of $468,400 in the area, the payback period could be favorable. Mesta Park is known for its historic charm and steady demand, which enhances rental appeal. Key features like hardwood floors, a new 2-car garage, and updated systems boost its attractiveness, though competition from newer properties may be a challenge.
To enhance rental income, consider minor cosmetic upgrades and modern touches that align with the neighborhood's historic charm. For potential sellers, emphasize the property's updates and location benefits in marketing efforts. Highlighting the remodeled aspects and the new garage can attract both investors and renters alike. Keeping the property well-maintained ensures it stands out in a competitive market.