This newly built single-family home in Andover, KS, with 4 bedrooms and 3 bathrooms spanning 2,114 sqft, offers strong rental potential. Comparable homes in the Heritage Commons community, similar in size and amenities, list between $340K and $361K, supporting a rent range of $1,800 to $2,200 monthly. Andover's rental market shows average rents from about $1,200 to $1,950 for various property types and sizes, with recent rent growth over 19%. The community amenities, modern features, and proximity to quality schools enhance its appeal. At the estimated rent, payback could be around 13 to 16 years based on rental income alone. Challenges include a moderate HOA fee and a rental vacancy rate near 6.8%, but the property's new construction and neighborhood desirability strongly favor rental demand[1][2][4][5].

To maximize rental income, consider adding premium upgrades like smart home technology or energy-efficient appliances to attract higher-paying tenants. Marketing the home’s community amenities and top local schools can also boost appeal. If the owner is contemplating selling, highlighting the home’s rental income potential and new build status to investors could increase interest. Keeping the property well-maintained and competitively priced in this growing market is essential to minimize vacancy periods.