1095 Western Drive LOT 402GColorado 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 402G, Colorado Springs, CO, 80915 offers a 9.53% rental yield on a $168,000 purchase with $1,334/mo rent. Total monthly income registers $1,334/mo, and a $822/mo payment leaves $355/mo available for distribution. Annual cash flow reaches $4,262/yr on $55,692 to close, and return on cash invested stands at 27.56% in year one. Equity gained on principal adds $1,084/yr while 5% annual appreciation supports $46,415 over five years. Portfolio math shows five-year ROI at 143.49% and total cumulative return in cash at $79,913. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,334/mo property income against a $822/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
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: Kara Grossling • The Polaris Group LLP
Mls Name: REcolorado
Mls ID: #7181644