1095 Western Drive LOT 14Colorado SpringsCO80915
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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
Investment property for sale in Colorado Springs at 1095 Western Drive LOT 14, Colorado Springs, CO, 80915 uses $44,719 cash to close to unlock $2,941/yr annual cash flow and $245/mo monthly cash flow. Total monthly income runs $1,031/mo, and a $660/mo payment keeps the spread at $245/mo. Purchase price stands at $134,900, and rental yield measures 9.17% with $1,031/mo rent. Return on cash invested shows 26.49% in year one, and 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 137.72% and total cumulative return in cash records $61,589. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,031/mo property income covering a $660/mo payment rather than investor’s personal income.
Manufactured
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80915, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,702 (100%) |
| Owner Occupied HU | 5,806 (59.8%) |
| Renter Occupied HU | 3,280 (33.8%) |
| Vacant Housing Units | 616 ( 6.3%) |
| Median Home Value | $423,486 |
| Average Home Value | $490,589 |
Housing Distribution
Address Breakdown
Residential
9,699
Single Family
8,166
Multi-Family
1,533
Businesses
967
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Listed by: Mark Munoz • M & M Realty
Mls Name: REcolorado
Mls ID: #5179737