rent this condo out or sell it?

[David Cole]

I've moved in with my partner & am considering whether to rent my condo out, which is just a few miles away.  Because the condo is so close I think it would be fairly easy to deal with.  Here are some numbers:

$119,450 balance on a 2.5% fixed rate mortgage with 179 payments remaining (I have no other debt). The condo is valued at $230,000 (close to what I originally paid for it).
The monthly payment is $1,375... approx. $750 of that payment goes towards condo HOA dues, property taxes, mortgage interest, & hazard insurance... the rest goes towards principal.
The condo would rent for $1,500/month (I've realistically compared it to similar condos).

I don't anticipate any major repairs/upgrades anytime soon... the HVAC, appliances, & windows were recently replaced, there's new paint throughout, & refinished hardwood floors.

Does it make sense to rent the condo out or sell it?

Any feedback would be much appreciated.