14 E Old Broadmoor RdColorado SpringsCO80906
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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
Rental property for sale in Colorado Springs at 14 E Old Broadmoor Rd, Colorado Springs, CO, 80906 priced at $279,900 converts $2,100/mo rent into $469/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,100/mo, and annual cash flow totals $5,625/yr on $92,787 invested. Return on cash invested prints 25.97% in year one, and rental yield reads 9% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 134.89% and total cumulative return in cash sums $125,161. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,100/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Townhouse
Built in 1980
531.43 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
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Listed by: Liza West • Redfin Corporation
Mls Name: Pikes Peak MLS
Mls ID: #7401084