10816 Nolin DrColorado SpringsCO80925
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Colorado Springs at 10816 Nolin Dr, Colorado Springs, CO, 80925 generates $2,516/mo in rent, after a $2,521/mo payment. Total monthly income is $2,516/mo. Return on cash invested sits at 16.62% in year one, and rental yield is 5.86% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 84.71% and total cumulative return in cash sums $143,533. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,516/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
7,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80925, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,598 (100%) |
| Owner Occupied HU | 5,877 (89.1%) |
| Renter Occupied HU | 520 ( 7.9%) |
| Vacant Housing Units | 201 ( 3.0%) |
| Median Home Value | $494,178 |
| Average Home Value | $513,668 |
Housing Distribution
Address Breakdown
Residential
6,429
Single Family
6,429
Multi-Family
0
Businesses
18
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Listed by: Sly Martinez C2EX • Keller Williams Partners
Mls Name: Pikes Peak MLS
Mls ID: #2215649