This 3-bed, 2.5-bath townhome in Topaz at Indian Creek is well-positioned for strong rental income. Based on recent Denver comp data, the rent potential falls between $2,625 and $3,120 per month, with similar properties averaging around $3,000 for spacious, updated units. Annual gross rental revenue is estimated at $31.5K–$37.4K. At a sale price of $359,999, the payback period via gross rent is roughly 11–13 years, not accounting for expenses. Denver’s low 4.2% vacancy rate, ongoing population growth, and high average rents all support robust landlord performance, while the property’s size, private garage, end-unit status, and community amenities further boost appeal. The main challenge is slight rent softness citywide, but demand for larger, well-kept homes in this area remains steady.[2][4][5]
To maximize value, consider modest cosmetic upgrades—updated flooring, modern lighting, or refreshed kitchens and baths can command premium rents. Highlight the end-unit privacy, attached garage, pool, and pet-friendly policies in marketing. For sellers, listing during Denver’s peak rental demand season and staging for executive tenants or families will yield best results. If holding, keep pace with local rent trends and consider flexible lease terms to attract top-tier tenants.[2][4][5]