Rent report generated Feb 14, 2025
The Rent Potential of
634 SW 7th St Homestead, FL
is $4,800 – $5,400/mo.
Rent Advice
Based on the provided data, this duplex in Homestead offers a solid rental potential. With two units, each having 3 bedrooms and 2 bathrooms, the estimated monthly rent ranges from $4,800 to $5,400 based on local comps. This translates to an annual revenue potential of $57.6K to $64.8K. Given the list price of $679K, the estimated payback period is around 10-12 years, assuming stable rental rates. The property's new construction status, modern finishes, and high-impact windows are significant selling points. However, its location in Southwest Homestead, a neighborhood with a median listing price of $445K, presents both opportunities and challenges in positioning it competitively.
To maximize rental income, enhancing the property's curb appeal and incorporating smart home features could be beneficial. If the current owner is considering selling, showcasing the property's modern amenities and investment potential in marketing materials will attract potential investors. Additionally, highlighting the property's new construction status and energy-efficient features could make it more appealing in a competitive market.
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The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.