This single-family home in Colorado Springs offers a solid rental potential with a monthly rent range of $2,295 to $2,495, based on local comps. With a spacious 2,608 sqft, 4 bedrooms, and 3.5 baths, it appeals to families or multi-generational tenants. The market is stable, and the neighborhood trends show a median listing price of $399K. Features like a modern kitchen, new roof, and ample living space enhance its rental appeal. However, it's a single-family home, so converting it for multi-family use isn't feasible.
To boost rental income, consider updating interiors with modern finishes and energy-efficient appliances. Enhancing curb appeal with landscaping can also make a difference. If selling is on the horizon, these improvements can increase property value. Highlight its proximity to amenities and the absence of neighbors at the back to attract buyers looking for privacy.