1224 Firefly CirColorado SpringsCO80916
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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 1224 Firefly Cir, Colorado Springs, CO, 80916 offers a 10.01% rental yield on a $168,500 purchase with $1,405/mo rent. Total monthly income registers $1,405/mo, and a $825/mo payment leaves $28/mo available for distribution. Annual cash flow reaches $333/yr on $55,858 to close, and return on cash invested stands at 20.5% in year one. Equity gained on principal adds $1,087/yr while 5% annual appreciation supports $46,553 over five years. Portfolio math shows five-year ROI at 108.65% and total cumulative return in cash at $60,690. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,405/mo property income against a $825/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
370.26 sqft lot
$N/A/sqft
$395 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80916, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,222 (100%) |
| Owner Occupied HU | 8,003 (52.6%) |
| Renter Occupied HU | 6,622 (43.5%) |
| Vacant Housing Units | 597 ( 3.9%) |
| Median Home Value | $318,022 |
| Average Home Value | $344,349 |
Housing Distribution
Address Breakdown
Residential
15,603
Single Family
12,869
Multi-Family
2,734
Businesses
609
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Listed by: John Varga • Hillside Realty
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #3564018
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