119 E Fontanero StColorado SpringsCO80907
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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 119 E Fontanero St, Colorado Springs, CO, 80907 offers a 3.29% rental yield on a $690,000 purchase with $1,890/mo rent. 8% in year one. Equity gained on principal adds $4,452/yr while 5% annual appreciation supports $190,634 over five years. Portfolio math shows five-year ROI at 42.73% and total cumulative return in cash at $96,992. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,890/mo property income against a $3,377/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
4,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80907, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,636 (100%) |
| Owner Occupied HU | 7,351 (50.2%) |
| Renter Occupied HU | 6,489 (44.3%) |
| Vacant Housing Units | 796 ( 5.4%) |
| Median Home Value | $479,361 |
| Average Home Value | $580,629 |
Housing Distribution
Address Breakdown
Residential
13,459
Single Family
11,403
Multi-Family
2,056
Businesses
1,790
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Listed by: Dan Zook • Zook Real Estate
Mls Name: Pikes Peak MLS
Mls ID: #4588361