1115 Rainier DrColorado SpringsCO80910
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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 1115 Rainier Dr, Colorado Springs, CO, 80910 earns $293/mo cash flow from $2,420/mo rent with a $1,786/mo payment. Total monthly income totals $2,420/mo, and annual cash flow totals $3,520/yr on $120,998 capital. ROI tracks 22.82% on current figures, and rental yield reads 7.96% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 117.99% and total cumulative return in cash sums $142,759. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,420/mo property income instead of your personal income.
Single Family
Built in 1967
10,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80910, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,937 (100%) |
| Owner Occupied HU | 5,679 (40.7%) |
| Renter Occupied HU | 7,488 (53.7%) |
| Vacant Housing Units | 770 ( 5.5%) |
| Median Home Value | $353,343 |
| Average Home Value | $395,016 |
Housing Distribution
Address Breakdown
Residential
13,427
Single Family
10,496
Multi-Family
2,931
Businesses
634
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Listed by: Adrienne Seabloom • RE/MAX Advantage Realty, Inc.
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #7640778
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