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Updated over 3 years ago on . Most recent reply
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I cant get my rental unit filled
Currently I am trying to rent out my house hack and it has been over a month and I have yet to have someone apply to rent my unit. Currently the rent is 2000k for a newly refinished 4 bed 1.5 bath. I am not sure what I am doing wrong because according to the rent estimator for my town Downingtown Pa 19335 2075 is the median for Downingtown for a 4 bed 1 bath. I am thinking that it is possible the price of the unit since it only has one bath but I posted a add on facebook market place since I was not getting much from zillow and have gotten about 25 responses in a week and a half but after I send them my qualification standards they just stop responding. So I am not sure what others have done in these kind of situations but I am looking to bigger pockets if anyone can maybe see something I am missing. I want to get the unit rented before winter since I am sure its a lot harder to find a tenant in the winter. Thanks everyone for your help. This is the link to my rental add https://www.zillow.com/homedet...
Most Popular Reply
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You used Zillow rent estimator? I plugged into rentometer, and got different results. Rentometer uses actual listings that got filled in the area.
These were the results I got:
Results based on 24, 4-bedroom, single bath rentals seen within 48 months in a 10.00 mile radius.
AVERAGE$1,715 ±8%
MEDIAN$1,438
nearest rental, 5miles away:
Rentometer Property Report
2240 Miller Ave, Coatesville, PA 19320Listing Information | |
---|---|
Listing Rent (last seen) | $1,400 (Mar 2017) |
Bedrooms | 4 |
Bathrooms | 1.0 |
Listing SQFT | 1100 ft² |
Property Type | house |