This single-family property in Johnston, RI, with 4 beds and 3 baths, has a rent potential of around $4,800 monthly. Given its size and amenities, the estimated payback period is favorable. The neighborhood's median listing price trend suggests a stable market. The property's vinyl exterior and forced hot water heating are appealing to renters. However, being single-family limits the number of units, which could be a challenge in maximizing rental revenue.
To increase rental value, consider modernizing interior finishes and enhancing curb appeal. For potential sellers, emphasizing the property's move-in readiness and proximity to amenities can be beneficial. Improvements like energy-efficient upgrades could attract quality tenants and increase the overall property value.