Rent report generated Nov 27, 2024
The Rent Potential of
9113 Thornton Rolling Rd Fredericksburg, VA
is $1,973 – $2,073/mo.
Rent Advice
This single-family property in Fredericksburg, VA, offers a promising rental potential. With an average rent range of $1,973 to $2,073 per month, the annual revenue could reach approximately $23.7K to $24.9K. Given the list price of $225K, the estimated payback period ranges between 9 to 10 years, which is quite competitive. The property features an open floor plan, a large lot, and a driveway, enhancing its appeal. However, being a fixer-upper presents a challenge for immediate rental income.
To boost rental income, consider updating interior finishes and modernizing appliances to attract higher-paying tenants. If selling is on the owner's mind, investing in basic renovations could significantly increase market value. Highlighting the expansive lot size and the potential for customization can also enhance its market appeal. These improvements not only elevate rental income but also enhance the property's resale value.
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