1245 Bayberry DrColorado 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 1245 Bayberry Dr, Colorado Springs, CO, 80916 listed at $413,000 pairs $2,334/mo rent with a $2,021/mo payment. Total monthly income runs $2,334/mo. Return on cash invested measures 19.27% in year one, and rental yield registers 6.78% at a $413,000 basis. Equity gained on principal adds $2,665/yr, and annual property appreciation at 5% supports $114,104 by year five. Five-year ROI tracks 98.97% and total cumulative return in cash totals $135,497. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,334/mo property income relative to a $2,021/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
7,845 sqft lot
$N/A/sqft
No 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: Brishen Combs ABR GRI MRP SFR SRS • RE/MAX Real Estate Group LLC
Mls Name: Pikes Peak MLS
Mls ID: #6644309