For 16304 W 125th Ter, a 3-bed, 3-bath single-family home with 1,679 sqft in Olathe Trails, the rent potential ranges from $1,799 to $2,200/month, aligning with recent rent listings and comparable homes in this neighborhood. Annual gross revenue would be $21.6K–$26.4K. With a list price of $320K, the payback period (gross rent multiplier) is roughly 12–15 years, which is competitive for Olathe. The area is stable, with modest home value growth and a slight dip in rental prices recently, but quality schools and subdivision amenities help drive demand. Features like a finished basement, updated kitchen, and direct access to trails/parks are attractive for tenants. The main challenge is competition from similar homes, but the greenspace and park access provide a clear edge.
To maximize rental income, consider modernizing flooring (replace some carpeting with luxury vinyl), boosting curb appeal, and adding smart home features. If considering sale, market the finished lower level, proximity to trails, and updated kitchen/baths to stand out in Olathe's family-friendly market. Keeping the property well-maintained and pet-friendly could also broaden the tenant pool without major capital outlay.