1131 Old North Gate RdColorado SpringsCO80921
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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 1131 Old North Gate Rd, Colorado Springs, CO, 80921 generates $3,539/mo in rent, after a $5,506/mo payment. Total monthly income is $3,539/mo. Return on cash invested sits at 10.44% in year one, and rental yield is 3.77% on a $1,125,000 entry. Equity gained on principal adds $7,259/yr, while 5% annual appreciation builds toward $310,817 over five years. Five-year ROI reaches 51.46% and total cumulative return in cash sums $187,580. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,539/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
0.27 Acres lot
$N/A/sqft
No HOA
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Listed by: Thomas Elmer GRI • Coldwell Banker Realty
Mls Name: Pikes Peak MLS
Mls ID: #9095246