This single-family property in Colorado Springs, located in the Fountain Valley neighborhood, offers a strong rent potential. With an estimated monthly rent ranging from $2,095 to $2,445, the annual revenue could be approximately $25K to $29K. Given the list price of $420K, the payback period could span 14 to 17 years, assuming stable occupancy and no major expenses. The neighborhood shows positive trends with a median listing price of $399K, indicating a competitive market. Key features like the remodeled kitchen, dual master bedrooms, and a large garage enhance its rental appeal.

To boost rental value, consider enhancing curb appeal with landscaping or updating the exterior. Internally, additional modern upgrades such as smart home features could attract higher rent. If considering selling, timing the market in this hot neighborhood could ensure a profitable sale. Engaging with a real estate professional can help navigate market conditions effectively.