1146 Fontmore Rd APT AColorado SpringsCO80904
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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 1146 Fontmore Rd APT A, Colorado Springs, CO, 80904 earns $601/mo cash flow from $2,580/mo rent with a $1,662/mo payment. Total monthly income totals $2,580/mo, and annual cash flow totals $7,214/yr on $112,544 capital. ROI tracks 26.32% on current figures, and rental yield reads 9.12% at a $339,500 purchase. Equity gained on principal adds $2,191/yr, and 5% annual appreciation supports $93,798 over five years. Five-year ROI reaches 136.77% and total cumulative return in cash sums $153,929. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,580/mo property income instead of your personal income.
Condo
Built in 1979
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80904, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,295 (100%) |
| Owner Occupied HU | 5,756 (51.0%) |
| Renter Occupied HU | 4,554 (40.3%) |
| Vacant Housing Units | 985 ( 8.7%) |
| Median Home Value | $570,715 |
| Average Home Value | $629,491 |
Housing Distribution
Address Breakdown
Residential
10,765
Single Family
9,323
Multi-Family
1,442
Businesses
839
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Listed by: Jennifer Wood PPRES • LIV Sotheby's International Realty CO Springs
Mls Name: Pikes Peak MLS
Mls ID: #2781990