This single-family home in Mesa's Sunland Village neighborhood has a promising rental potential. With the rental range estimated between $2,495 and $3,600 per month, annual revenue could be approximately $30K to $43K. Given the current list price of $330K, the payback period is roughly 7.6 to 11 years, depending on rental income. The area's senior community status, proximity to amenities, and recent updates, like new carpet, enhance its appeal. Yet, the property's age and need for updates could pose challenges.
To boost rental income, consider modernizing the kitchen and bathrooms and enhancing curb appeal. If contemplating a sale, highlight the community features like the fitness center and swimming pool to attract buyers seeking an active lifestyle. These improvements can significantly increase the property's marketability and rental value.