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Oladosu Segun
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Experts/ Landlords, Please what is your candid advice

Oladosu Segun
Posted

Experts/ Landlords, Please what is your candid advice

Second investment property for rental to regular tenant ( or Section 8)

Brand new single family home built in 2024 in Princeton TX 4bd 3 bathroom with new refrigerator, washer and dryer , i closed on the house last year September, I listed on Zillow before but the response was low , so i took it down . My realtor who closed the house for me as listed it on MLS as at February 21, 2025 , the house has been listed 44days on MLS at $2300/m . Up until this moment no tenant yet . What do you advice or recommendation

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David Krulac
  • Mechanicsburg, PA
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David Krulac
  • Mechanicsburg, PA
Replied

On Zillow there are 120 four bedroom rentals listed in Princeton, Texas. Most are in the same price range as yours, $2,100 to $2,400.  Since there are so many, you need to distinguish your place from the other 120 listed. If you can't distinguish your rental from others on features/amenities, then you can always distinguish your place on price.

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