Rent report generated Dec 13, 2024
The Rent Potential of
18218 Rolling Meadow Way Unit 45 Olney, MD
is $1,850 – $2,401/mo.
Rent Advice
The property at 18218 Rolling Meadow Way, Olney, MD, has a potential monthly rent ranging from $1,850 to $2,401. Assuming full occupancy, annual rental revenue could range from approximately $22.2K to $28.8K. Given the median home value in Olney and current market trends, the payback period might extend over a decade, factoring in operating expenses. The condo's updated features, such as brand-new appliances and a modernized interior, enhance its appeal, though competition from nearby properties remains a challenge.
To increase rental value, consider enhancing the condo's curb appeal and adding smart home features. If selling is on the agenda, highlighting modern renovations and energy efficiency could attract buyers and potentially elevate the selling price. Analyzing nearby rental comps will further refine competitive pricing strategies.
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