11016 Rockcastle DrColorado SpringsCO80925
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 11016 Rockcastle Dr, Colorado Springs, CO, 80925 offers a 10.55% rental yield on a $340,000 purchase with $2,990/mo rent. Total monthly income registers $2,990/mo, and a $1,664/mo payment leaves $1,009/mo available for distribution. Annual cash flow reaches $12,104/yr on $112,710 to close, and return on cash invested stands at 30.65% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 159.96% and total cumulative return in cash at $180,294. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,990/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
5,497 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ben Deis • Benjamin Lamar Deis
Mls Name: Pikes Peak MLS
Mls ID: #3301496