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Updated almost 2 years ago,
27 N Bosart Ave Indianapolis
I'm In the process of brrrrring 27 N bosart. As a rental on rentometer saids I can get 1200-1400 a month for a 2 bed 2 bath. But when I ask my property management team they say in that area go for about 800 to 900. Just double checking those numers and wondering why it is so off from rentometer. The house is 1300 square feet.
My other options make it an airbnb or a midterm rental. airbnb numbers was about 25k a year at 50 percent occupancy. Which is not too steller but makes more than 800 a month.
3rd option would be to sell the house and find something with better numbers.
Please let me know your thoughts highly appreciated! thank you.