This condo at 3664 Iguana Dr is situated in a desirable neighborhood of Colorado Springs, with a competitive listing price of $227.5K. The nearby comps indicate a robust market, with properties averaging around $284K to $296K in value. However, the current unit is relatively smaller at 858 sqft compared to comps averaging over 1,100 sqft. This might limit its appeal to buyers looking for more space, affecting its flip potential.

To enhance marketability, consider minor renovations that can significantly boost the property's appeal, such as modernizing the kitchen and bathroom. Additionally, staging the condo to highlight its cozy living space could attract more buyers. Given the strong neighborhood demand, a thoughtful approach can yield a profitable flip. Overall, stay aware of market trends and adjust the strategy based on buyer preferences.