This single-family property in Colorado Springs offers a rental potential ranging from $1,550 to $1,725 based on comparable data. With two bedrooms and a two-car garage, its estimated payback period is relatively short, given the neighborhood's positive trends in growth. The Powers area is witnessing increased demand, and the property's features like central air and a gas fireplace add to its appeal. Challenges might include its single-family status, limiting the number of tenants.
To enhance rental value, consider aesthetic upgrades like modernizing the kitchen or adding smart home features. These could boost attractiveness and rental income. If the owner is considering selling, emphasize the property's potential for rental income and highlight its prime location in a growing neighborhood. Such improvements can also increase the property's market value, appealing to both investors and potential homeowners.