117 Davie DrColorado SpringsCO80911
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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 117 Davie Dr, Colorado Springs, CO, 80911 offers $2,370/mo rent that, after a $1,664/mo payment, leaves $389/mo cash flow. Total monthly income is $2,370/mo, and annual cash flow is $4,665/yr on $112,677 cash. Return on cash invested measures 24.05% in year one, and rental yield stands at 8.37% at a $339,900 entry. Equity gained on principal adds $2,193/yr while 5% annual appreciation compounds into $93,908 by year five. Five-year ROI records 124.58% and total cumulative return in cash reaches $140,375. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,370/mo property income versus a $1,664/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80911, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,283 (100%) |
| Owner Occupied HU | 9,460 (77.0%) |
| Renter Occupied HU | 2,291 (18.7%) |
| Vacant Housing Units | 532 ( 4.3%) |
| Median Home Value | $433,182 |
| Average Home Value | $486,684 |
Housing Distribution
Address Breakdown
Residential
12,102
Single Family
11,873
Multi-Family
229
Businesses
219
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Listed by: Amanda Moss • Coldwell Banker Realty
Mls Name: Pikes Peak MLS
Mls ID: #9480457