1090 Fontmore Rd APT CColorado SpringsCO80904
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Colorado Springs at 1090 Fontmore Rd APT C, Colorado Springs, CO, 80904 uses $92,820 cash to close to unlock $68/yr annual cash flow and $6/mo monthly cash flow. Total monthly income runs $2,094/mo, and a $1,370/mo payment keeps the spread at $6/mo. Purchase price stands at $280,000, and rental yield measures 8.97% with $2,094/mo rent. Return on cash invested shows 19.98% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 104.91% and total cumulative return in cash records $97,377. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,094/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$457 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80904, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,295 (100%) |
| Owner Occupied HU | 5,756 (51.0%) |
| Renter Occupied HU | 4,554 (40.3%) |
| Vacant Housing Units | 985 ( 8.7%) |
| Median Home Value | $570,715 |
| Average Home Value | $629,491 |
Housing Distribution
Address Breakdown
Residential
10,765
Single Family
9,323
Multi-Family
1,442
Businesses
839
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Courtney Gilmore GRI • Your Home Sold Guaranteed Realty - Barb Has The Buyers Team
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #7837098
Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR Services Corp.