1304 Pando AveColorado SpringsCO80905
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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 1304 Pando Ave, Colorado Springs, CO, 80905 offers a 9.26% rental yield on a $329,719 purchase with $2,545/mo rent. Total monthly income registers $2,545/mo, and a $1,614/mo payment leaves $623/mo available for distribution. Annual cash flow reaches $7,479/yr on $109,302 to close, and return on cash invested stands at 26.75% in year one. Equity gained on principal adds $2,128/yr while 5% annual appreciation supports $91,095 over five years. Portfolio math shows five-year ROI at 139.08% and total cumulative return in cash at $152,022. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,545/mo property income against a $1,614/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
7,196 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80905, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,182 (100%) |
| Owner Occupied HU | 4,060 (44.2%) |
| Renter Occupied HU | 4,483 (48.8%) |
| Vacant Housing Units | 639 ( 7.0%) |
| Median Home Value | $466,107 |
| Average Home Value | $497,446 |
Housing Distribution
Address Breakdown
Residential
8,501
Single Family
6,308
Multi-Family
2,193
Businesses
647
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Listed by: Shane Bruckner ABR • Nest Egg Realty, LLC
Mls Name: Pikes Peak MLS
Mls ID: #9245574