Skip Navigation
Trulia Logo

Trulia Blog

10 Homes For Sale With Earning Potential

how to buy a house to rent out homes with earning potential
A great home plus income potential? Win, win.

Colonial catch: $2.35 million, Address Not Disclosed, Stamford, CT 06903

A hard sell? Hardly. The two-bedroom, light-filled guesthouse of this picturesque property in Stamford, CT, is sure to attract tenants with its built-in shelving, claw-foot tub, private deck, and serene location on 4 secluded acres, which are shared with a 3,685-square-foot, six-bedroom Colonial.

The Colonial dates back to 1900 and turns heads with its gourmet limestone kitchen, brand-new master bath, restored hardwood floors, and rough-hewn exposed beams. Outside, stone walkways are bordered by mature perennial gardens and connect paver-lined patios to the outdoor pool and tennis court. This unique fusion of old and new will set you back $2.35 million, but the guest cottage has potential to pull in $2,300 a month, according to Trulia market trends for a two-bedroom rental in Stamford, CT.

Prime investment opportunity: $999,000, 17490 Poplar St., Atascadero, CA 93422

A roughly two-hour drive north from Santa Barbara, CA, will lead you to the San Luis Obispo County town of Atascadero, CA, home to this unique investment opportunity. Sitting on nearly an acre, the multistructure property is headlined by a century-old farmhouse offering three bedrooms and two bathrooms.

Meanwhile, a detached guesthouse features an open floor plan that’d be ideal for a single person or a couple. According to Trulia market trends for Atascadero, CA, the guesthouse could pad your bank account by $1,287 every month.

Southern charmer: $1.9 million, 36 Society St., Charleston, SC 29401

Nestled in the heart of Charleston’s Ansonborough neighborhood, just blocks from the restaurants and boutiques of King Street, this tall drink of sweet tea probably predates the palmetto that shades its double piazzas. In fact, the five-bedroom Greek Revival mansion, dubbed the “Henry Street House,” was built around 1840 and is protected by a conservation easement. The 5,916-square-foot mansion has since been divided into two apartments, but its past lives on, with original plaster walls, ornate moldings and millwork, and marble fireplaces.

The mansion’s future owner could convert it back to its former grandeur as a single-family dwelling or keep the home as a rental and possibly bring in upward of $3,500 a month, according to Trulia market trends for two- and three-bedroom rentals in Charleston, SC. Lease out the two-bedroom, 948-square-foot carriage house and potentially bring in an additional $1,800 a month.

Well-priced Muncie rental: $229,900, 6807 E. Jackson St., Muncie, IN 47303

Attractively priced at $229,900, this four-bedroom, two-bathroom home in Muncie, IN, a city about 50 miles northeast of Indianapolis, offers more than 4,000 square feet of living space. That’s just $57 per square foot, which is a small price to pay for peace and quiet: The well-maintained home is on a 2-acre lot featuring koi ponds and plenty of mature trees (you can take it all in from the home’s insulated sunroom).

Further sweetening the deal is a fully loaded, two-bedroom apartment out back. It’s located over the detached garage and can draw in more than $550 a month, according to Trulia market trends for Muncie, IN.

Cabin life in Colorado: $4.895 million, 403 County Road 200, Pagosa Springs, CO 81147

Private residence or mini mountain resort? This property in Pagosa Springs, CO, is a little bit of both. Nestled at the foot of the San Juan Mountains, the 84-acre property, named Hartland Ranch, comes with five luxury wood cabins in tow. For the property’s future owner, that translates to a potential $2,200 per month — per cabin! — in rental income, based on Trulia’s market trends for rental homes in Pagosa Springs, CO. To prospective lessees, however, the cabins mean full immersion in all that the great outdoors offers, plus access to the property’s equestrian facilities.

Inside the 3,954-square-foot, Alpine-style main house, wilderness enthusiasts can reconnect with nature without sacrificing the comfort and convenience of luxury amenities (because “roughing it” shouldn’t mean surrendering your gourmet granite kitchen).

Scenic Cali living: $649,000, 8242 N. Heights Drive, Kelseyville, CA 95451

Can you really put a price on panoramic views of a freshwater lake that’s framed by mountains and vineyards? Perhaps not, but this property, perched on a hill overlooking 68-square-mile Clear Lake in Kelseyville, CA, places them at $649,000.

The listing price also takes into consideration the property’s two structures: a 2,745-square-foot primary residence and a 1,632-square-foot guesthouse. Fully equipped with a gourmet kitchen, sauna, tumbled marble floors, vaulted ceilings, laundry facility, and a private courtyard, the one-bedroom, two-bathroom guesthouse packs earning potential of $900 a month, per Trulia’s market trends for one-bedroom rentals in Kelseyville, CA. Both structures enjoy access to a multilevel Mediterranean garden that offers views of the water as it crisscrosses the steep slope of the property’s front yard.

One-bedroom wonder: $898,000, 5340 Beechnut Tree Lane, Anacortes, WA 98221

Views of Puget Sound come standard with this property in Anacortes, WA, a town on the northern tip of Fidalgo Island, about 60 miles north of Seattle. Built in 1941 and renovated in 2005, the 2,432-square-foot home features three bedrooms, a modern kitchen with granite countertops, and, in the living room, a wall of windows for unobstructed overlooks of the sound’s tranquil blue waters.

Just beyond the home’s flat front lawn lie more than 100 feet of private beach, but the real deal clincher here is the prospect of an extra $795 in pocket money per month — that’s the going rate of the property’s one-bedroom, one-bathroom apartment in the detached four-car garage.

Double bonus in Oklahoma: $419,000, 707 NE 21st St., Oklahoma City, OK 73105

Crown molding, leaded glass windows, built-in bookcases, and a wood-burning fireplace lend even more character to this already-charming Tudor in Oklahoma City, OK. The 2,710-square-foot, four-bedroom home was built in 1929 and is just a stone’s throw (quite literally) from the Oklahoma State Capitol.

There’s also a bonus to owning this property: The $419,000 purchase price includes the adjacent lot. Double bonus: The detached garage hosts a 600-square-foot, one-bedroom apartment on its second level, which has rented historically for $800 per month.