Based on the rent potential provided, this single-family home in Missouri City could generate a monthly rental income between $1,355 and $1,945. Considering the neighborhood's median listing price of $280K and the property's estimated value around $234K, the payback period could be reasonable if rents align with the higher end of the range. The house's 1976 build and brick veneer exterior add appeal, though updates may enhance rentability. Proximity to Houston is a plus, but competition in a rising market could be a challenge.
To increase rental appeal and value, consider modernizing key features like the kitchen and bathrooms. These improvements often yield higher rents and attract quality tenants. If selling, highlight the property's potential for rental income and its location advantage near Houston. Pricing competitively and marketing to investors could expedite a sale in today's dynamic market.