1498 S Perry St in Denver stands out as a spacious, fully updated 4-bed, 3-bath single-family home with nearly 2,000 sqft of living space. Based on current comp data, the rent potential ranges from $3,295 to $3,795 per month, reflecting a total annual revenue of $39.5K–$45.5K. With a list price of $629K, the gross rent multiplier (GRM) hovers between 13.8 and 15.9, which is typical for Southwest Denver but not considered aggressively high-yield. The Mar Lee Manor area benefits from Denver’s resilient rental demand, but 2025’s increased inventory and slightly cooling renter demand mean savvy marketing and tenant flexibility are crucial. Unique features—like dual kitchens, a rentable basement with a private entrance, solar panels, and RV parking—bolster rental appeal, especially for house-hackers or short-term rental (Airbnb) scenarios. However, competition from new builds and a moderate rental market pace (average 44 days on market) present some challenges.[1][2][5]

To maximize rental income, consider leasing the basement separately as a long-term or short-term rental, capitalizing on its private entrance, kitchen, and egress bedrooms. Highlight the energy efficiency upgrades, zero-scaped yard, and RV parking to attract eco-conscious tenants or larger households. If selling, market the property’s turnkey condition and flexible multi-generational or house-hacker layout. In a cooling market, aggressive, creative marketing—such as furnished options or short-term rental flexibility—may help minimize vacancy.