113 Miramar DrColorado SpringsCO80906
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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 113 Miramar Dr, Colorado Springs, CO, 80906 offers $3,724/mo rent that, after a $2,978/mo payment. Total monthly income is $3,724/mo. Return on cash invested measures 17.65% in year one, and rental yield stands at 7.34% at a $608,500 entry. Equity gained on principal adds $3,927/yr while 5% annual appreciation compounds into $168,117 by year five. Five-year ROI records 91.5% and total cumulative return in cash reaches $183,172. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,724/mo property income versus a $2,978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1981
3,158 sqft lot
$N/A/sqft
$580 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80906, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,829 (100%) |
| Owner Occupied HU | 9,253 (55.0%) |
| Renter Occupied HU | 6,380 (37.9%) |
| Vacant Housing Units | 1,196 ( 7.1%) |
| Median Home Value | $632,553 |
| Average Home Value | $699,557 |
Housing Distribution
Address Breakdown
Residential
16,320
Single Family
13,580
Multi-Family
2,740
Businesses
788
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Listed by: Mercie Curbow-Presley • Mercie Real Estate
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #4095176
Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR Services Corp.