In the long run, if you can deal with the frustrutions that sometimes come with renting, you will probably make more money on your property by renting. You will need to refurbish it every time a renter leaves. If you are getting enough money to offset dealing with that, you are good. I always keep my income from my rental properties separate so that I can see exactly how much is going in and how much is going out. That way I don't have to calculate each year to know what I have made. It also makes it easier for tax time.
Our company handles rentals if you would rather not deal with tenants.
Best of luck! You have great options!