1095 Western Drive LOT 557JColorado 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 557J, Colorado Springs, CO, 80915 uses $38,123 cash to close to unlock $2,564/yr annual cash flow and $214/mo monthly cash flow. Total monthly income runs $884/mo, and a $563/mo payment keeps the spread at $214/mo. Purchase price stands at $115,000, and rental yield measures 9.22% with $884/mo rent. Return on cash invested shows 26.63% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 138.46% and total cumulative return in cash records $52,785. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $884/mo property income covering a $563/mo payment rather than investor’s personal income.
Manufactured
Built in 1996
0.10 sqft 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: Brittany Hamrick • Realty One Group Platinum Elite Colorado
Mls Name: REcolorado
Mls ID: #9564006