home renovation 55

Rental Investment Property Projects

Optimizing Properties for Long-Term Income

Our rental property projects demonstrate our ability to transform properties into cash-flowing assets optimized for tenant satisfaction and investor returns. We understand what renters want and build/renovate accordingly to minimize vacancy and maximize rental income.

Multi-Family Conversion - Glen Burnie, Anne Arundel County

Project Type: Single-family to duplex conversion

Property: 2,400 sq ft house converted to two 1,200 sq ft units

Investment: $245,000 purchase + $65,000 renovation

Renovation Scope: Interior reconfiguration, dual kitchens and bathrooms, separate utilities

Work Completed: Created two complete 2-bed/1-bath units with separate entrances, full kitchens in each unit, updated bathrooms, separate HVAC systems, individual utility meters, durable flooring, fresh paint, landscaping

Timeline: 12 weeks

Rental Income: Unit 1: $1,500/month, Unit 2: $1,500/month = $3,000/month total

Annual Gross Income: $36,000

Cash-on-Cash Return: 11.6%

Tenant Profile: Working professionals, BWI corridor employees

Result: Both units leased before completion, waiting list of prospective tenants

Odenton Rental Optimization - Odenton, Anne Arundel County

Project Type: Single-family rental optimization

Property: 3-bed/2.5-bath townhome near Fort Meade

Investment: $295,000 purchase + $28,000 updates

Renovation Scope: Tenant-friendly updates, durable finishes

Work Completed: Kitchen appliance upgrade, bathroom fixture updates, luxury vinyl plank flooring throughout, fresh neutral paint, fenced backyard, updated lighting, security system installation, low-maintenance landscaping

Timeline: 5 weeks

Rental Income: $2,400/month

Annual Gross Income: $28,800

Cash-on-Cash Return: 8.9%

Tenant Profile: Military family (Fort Meade), 3-year lease

Result: Attracted quality military tenant, BAH rate supports rent, long-term stability

Waterfront Rental Property - Deale, Anne Arundel County

Project Type: Chesapeake Bay waterfront rental

Property: 3-bed/2-bath waterfront home with pier

Investment: $385,000 purchase + $45,000 renovation

Renovation Scope: Interior updates, waterfront improvements

Work Completed: Kitchen and bathroom updates, new flooring, paint throughout, pier repair, bulkhead stabilization, outdoor shower installation, boat lift installation, storm shutters

Timeline: 10 weeks

Rental Income: $3,200/month long-term rental

Annual Gross Income: $38,400

Cash-on-Cash Return: 8.9%

Tenant Profile: Professional couple, boating enthusiasts

Result: Premium waterfront rent achieved, tenant maintains property exceptionally, long-term lease signed

Columbia Village Rental - Columbia, Howard County

Project Type: Townhome rental investment

Property: 3-bed/2.5-bath townhome in Wilde Lake village

Investment: $315,000 purchase + $22,000 updates

Renovation Scope: Cosmetic updates, system maintenance

Work Completed: Kitchen appliance upgrade, bathroom vanity updates, carpet replacement upper level, luxury vinyl plank main level, fresh paint throughout, HVAC servicing, deck repairs, landscaping

Timeline: 4 weeks

Rental Income: $2,500/month

Annual Gross Income: $30,000

Cash-on-Cash Return: 8.9%

Tenant Profile: Professional family with children in Howard County schools

Result: Multiple applications received, selected long-term tenants, no vacancy periods

Sonia Trail – Ellicott City, Howard County

Project Type: Rental Investment

Property:
3-bed / 4-bath fully remodeled home

Investment:
$400,000 purchase + $40,000 renovation

Renovation Scope:
Complete interior renovation and modernization

Work Completed:
Fully remodeled home with updated finishes, ready for long-term rental occupancy.

Rental Income:
$3,500/month

Annual Gross Income:
$42,000

Tenant Profile:
Ideal for families seeking a spacious, fully renovated home in Ellicott City.

Result:
Renovated rental property positioned for stable long-term rental income and strong market value.

Ivy League Dr

Project Type: Rental Investment

Property:
Single-family rental investment home

Investment:
$370,000 purchase + $60,000 renovation

Renovation Scope:
Complete interior and exterior renovation, modern upgrades, and turnkey rental preparation.

Work Completed:
The property underwent a comprehensive renovation with updated flooring, kitchen, bathrooms, fresh paint, lighting, fixtures, landscaping, and other improvements to maximize long-term rental value.

Rental Income:
$3,800/month

Annual Gross Income:
$45,600

Tenant Profile:
Ideal for long-term family tenants seeking a fully renovated home in a desirable residential neighborhood.

Result:
Successfully transformed into a high-quality rental investment with an estimated market value of $530,000, generating $3,800 per month in rental income and providing strong long-term appreciation potential.