1204 Nez Perce DrColorado SpringsCO80915
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1204 Nez Perce Dr, Colorado Springs, CO, 80915 offers a 7.47% rental yield on a $365,000 purchase with $2,273/mo rent. Total monthly income registers $2,273/mo, and a $1,786/mo payment leaves $146/mo available for distribution. Annual cash flow reaches $1,756/yr on $120,998 to close, and return on cash invested stands at 21.36% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Portfolio math shows five-year ROI at 110.17% and total cumulative return in cash at $133,303. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,273/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
6,150 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80915, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,702 (100%) |
| Owner Occupied HU | 5,806 (59.8%) |
| Renter Occupied HU | 3,280 (33.8%) |
| Vacant Housing Units | 616 ( 6.3%) |
| Median Home Value | $423,486 |
| Average Home Value | $490,589 |
Housing Distribution
Address Breakdown
Residential
9,699
Single Family
8,166
Multi-Family
1,533
Businesses
967
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sulema Aguirre GRI MRP • Keller Williams Partners
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #1775554
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. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR Services Corp.