The property at 5638 Edgartown St in Colfax offers a solid rent potential, estimated between $2,500 and $3,200 monthly, driven by its spacious 4-bedroom layout. Being relatively new, built in 2020, it features modern amenities like central air, a gas fireplace, and a community pool which are attractive to potential tenants. The neighborhood in Colfax is witnessing growth, adding value to rental prospects. The estimated payback period, considering the upper rent range, could be promising within the next 15-20 years.

To increase rental income, consider enhancing curb appeal and upgrading kitchen appliances. For sellers, focus on marketing the community amenities like the pool and clubhouse, which are attractive to families. Highlighting the energy-efficient features and low HOA fees could also make a strong selling point. Staying competitive in the market will require keeping the property in top condition and potentially repositioning the rent slightly above the current average.