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Wenatchee Investor Questions: Part 3 of 10

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Our investor properties are new, newer, or fully remodeled
Question:
  What are average rents for the bread-and-butter 3/2 new or newer SFH?


Answer: "Bread and butter" SFH's (single family homes) are mostly renting for $1150 - $1300. For our investor clients, we prefer not to sell and manage "bread and butter" SFH  ramblers, but those that offer special amenities to attract renters... and offer excellent appreciation,  and resale potential.  I currently have a 3 bed, 2 bath home rented for $1450, which is considerably more than the "bread and butter" variety.
 

We also like to find 4 bedroom homes, homes with a shop, large yard, desireable school district, popular location, etc. There are lots of B&B SFHs and we try to avoid those. Our investor houses (same price range) mostly rent for $1400 - $1450.  We get a little more for pets, or offer a discount for renters without pets.   


In summary, we search for and recommend properties that are in high demand by renters, do not have maintenance issues and will appreciate equal to or greater than the market average.



Carol Williams

TopTeamCarol@gmail.com

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