For this renovated 2,394 sqft, 3-bed, 2-bath Clemente Ranch single-family in Chandler, the rent potential aligns with recent market comps, ranging from $2,495 to $2,900/month. Annual gross revenue would be $29.9K–$34.8K. With the area’s stable rental demand, the estimated payback period (gross rent divided by property value, roughly $700K) lands around 20–23 years. The home’s pool, updated kitchen, and prime location near top schools and parks add high appeal for families and professionals. However, Chandler’s rent growth has cooled to 2–3% YoY, and vacancy times are creeping up, so careful tenant selection and competitive pricing are crucial[1][2].
To maximize returns, consider cosmetic touch-ups, energy efficiency upgrades, and enhancing smart home features—these attract premium tenants and reduce turnover. If selling, highlight the remodeled chef’s kitchen, pool, and proximity to quality schools and freeways. In this shifting market, positioning the property as move-in ready and leveraging neighborhood amenities are key to standing out while still protecting your pricing power.