11055 Milne RdColorado SpringsCO80928
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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
Rental property for sale in Colorado Springs at 11055 Milne Rd, Colorado Springs, CO, 80928 generates $1,854/mo in rent, after a $3,670/mo payment. Total monthly income is $1,854/mo. Return on cash invested sits at 7.82% in year one, and rental yield is 2.97% on a $749,900 entry. Equity gained on principal adds $4,839/yr, while 5% annual appreciation builds toward $207,184 over five years. Five-year ROI reaches 37.54% and total cumulative return in cash sums $92,614. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,854/mo property income rather than buyer’s personal income.
Manufactured
Built in 2018
35.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80928, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 448 (100%) |
| Owner Occupied HU | 315 (70.3%) |
| Renter Occupied HU | 102 (22.8%) |
| Vacant Housing Units | 31 ( 6.9%) |
| Median Home Value | $375,000 |
| Average Home Value | $390,206 |
Housing Distribution
Address Breakdown
Residential
456
Single Family
456
Multi-Family
0
Businesses
3
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Listed by: Jose Medina • Vantegic Real Estate
Mls Name: Pikes Peak MLS
Mls ID: #4051955