Actual value is probably closer to $170-180kNeighborhood: Nice updated 1300 sf 4/1 home located right around the corner from one of the best elementary schools in the area; high-income neighborhood;  other middle school and high school is located very close; walking distance to some shopping, restaurants, coffee shops; very safeRental Rate: $1,300 + utilites tenants  on a 18 month lease which expires end of April 2017.

.$1,575/month or $2,175 when we move out and rent our apt.Expenses: Tenents pay all utilities except garbage.Insurance: $923.44 or $86.87/moGarbage: $40/moProperty Taxes: $236/moMortgage: $687.48Repairs & Maint: 12% since it's old, so $189/moVacancy: 5%, it's in a quiet neighborhood with great schools, so $79/moCapex: 5%, $79.$1,397.35Repairs:The roof looks good from the street, however it's about 15-20 years old so I expect to replace in 5 years or so. 

Actual value is probably closer to $170-180kNeighborhood: Nice updated 1300 sf 4/1 home located right around the corner from one of the best elementary schools in the area; high-income neighborhood; other middle school and high school is located very close; walking distance to some shopping, restaurants, coffee shops; very safeRental Rate: $1,300 + utilites tenants on a 18 month lease which expires end of April 2017.

Good schools I believe, so should be pretty rentable.

Median income,population levels, traffic counts,school ratings,etc.?

As a doctor you have made your way through tough years in undergrad, med school, residency, maybe a fellowship, etc. to finally start earning those high salaries.

School district is higher tier, not top but good.

The reason for that is that the price point on lower end homes gets pushed up higher due to high demand to be in good school districts.

Be there to pick them up from school and do homework.

Sorry about getting back to you so late, I'm a full time engineering student and sometimes school takes priority!