ROI for Renting vs. Selling Owner Finance

[Jordan D'Silva]

I have been buying single family units in Dallas in lower income areas for a while and I used to just sell them owner finance with high-interest rates, but recently, people have been paying off faster or refinancing, so now I am renting out a few to see how the returns will be, especially compared to owner financing. I want to develop a more scientific, numbers based approach to choosing between owner financing and renting. Does anyone have a spreadsheet formula they use or any suggestions. The rental management part of things does not matter as I have a good team and I will consider the management difficulty/area on a case-by-case basis.