The property, located in the Saint Vitus neighborhood of El Paso, has a rent potential range of $1,650 to $1,900 per month, based on comp data and current market conditions. With an average annual rental income between $19,800 and $22,800, the estimated payback period would depend on acquisition costs, but the stable market and high demand suggest strong occupancy rates. The property's 4-bedroom layout, brick exterior, and proximity to amenities enhance its appeal, though cooling features (evaporative) might need an upgrade to meet tenant expectations.
To increase rental income, the owner could install energy-efficient upgrades like HVAC systems and modernize interiors. Adding smart home features could also attract higher-paying tenants. If considering selling, marketing the property’s family-friendly layout, durable construction, and location within a growing market is key. Highlighting proximity to schools and employment centers would make it more appealing to investors and families alike.