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17
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Anders Nordberg
  • Real Estate Agent
  • Downingtown PA
6
Votes |
17
Posts

I cant get my rental unit filled

Anders Nordberg
  • Real Estate Agent
  • Downingtown PA
Posted

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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308
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386
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Derrick Dill
  • Investor
  • Hawaiian Gardens, CA
386
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308
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Derrick Dill
  • Investor
  • Hawaiian Gardens, CA
Replied

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 19320Street View of 2240 Miller Ave, Coatesville, PA 19320
Listing Information
Listing Rent (last seen)$1,400 (Mar 2017)
Bedrooms4
Bathrooms1.0
Listing SQFT1100 ft²
Property Typehouse

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