Odd br/ba ratios

[Kyle M.]

Hello all,

Does anyone have experience with renting suboptimal bedroom to bathroom ratios? I know in general they are bad ideas, but I feel as they are looked over by a majority of investors. There could be some value in scooping up these properties.

To start off I am from the northeast where most of the properties are 3/1,2/1,3/1.5 etc.

I found a property with the following characteristics and want to see what you guys think of it. This property is in a appreciating neighborhood with new properties valued $300,000+ and new construction is being built with the bedrooms and bathrooms being equal.

The following is a recently renovated home which needs no major improvements.

4br/1ba
$110,000

Median market rents (according to rentometer)

2br - $1000
3br - $1350
4br - $1600

Good deal? What are your thoughts on this property?