This 2-bedroom townhouse in Fresno's Hoover neighborhood could generate between $1.6K and $2.1K monthly, based on similar rentals. The payback period hinging on the lower range of rent would be around 8-9 years, assuming no significant expenses. Fresno's market shows stable growth, with neighborhood amenities like a pool and security gate enhancing appeal. However, being a fixer-upper might deter some tenants unless upgrades are made.

To boost rental income, consider minor renovations like updating floors or kitchen fixtures. Enhancing curb appeal with landscaping could also attract higher-paying tenants. If selling, highlight the potential return on investment post-renovation to appeal to investors seeking a property with growth potential in a stable market.