This 2-bed, 1-bath, 720 sqft single-family bungalow in Houston’s 77020 is positioned in a market where 2-bedroom units average about $1.5K/month, but smaller, older homes like this typically rent for $995–$1,400/month. Annual rental income could range from $12K–$16.8K. With a valuation near $129K, the payback period falls between 7.5–10.5 years. The Fifth Ward area is seeing steady renter demand, though older properties may face competition from renovated or new builds. Property features are basic, so rental appeal leans on affordability and location rather than amenities.

To maximize rental income, consider moderate updates: fresh paint, energy-efficient window units, and basic kitchen/bath refresh. Adding washer/dryer hookups or minor curb appeal could nudge rents toward the upper end. If selling, highlight the strong rental demand, affordable taxes, and proximity to downtown. For owners not ready to sell, a light renovation could yield a strong return in this active rental market.