1216 Hartford StColorado SpringsCO80906
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 1216 Hartford St, Colorado Springs, CO, 80906 offers a 8.33% rental yield on a $200,000 purchase with $1,388/mo rent. Total monthly income registers $1,388/mo, and a $979/mo payment leaves $222/mo available for distribution. Annual cash flow reaches $2,668/yr on $66,300 to close, and return on cash invested stands at 23.93% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 124.01% and total cumulative return in cash at $82,220. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,388/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
6,046 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80906, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,829 (100%) |
| Owner Occupied HU | 9,253 (55.0%) |
| Renter Occupied HU | 6,380 (37.9%) |
| Vacant Housing Units | 1,196 ( 7.1%) |
| Median Home Value | $632,553 |
| Average Home Value | $699,557 |
Housing Distribution
Address Breakdown
Residential
16,320
Single Family
13,580
Multi-Family
2,740
Businesses
788
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Montoya • Coldwell Banker Realty
Mls Name: Pikes Peak MLS
Mls ID: #5784043