1415 N Wahsatch AveColorado SpringsCO80907
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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
Total monthly income runs $2,871/mo, and a $2,888/mo payment. Purchase price stands at $590,000, and rental yield measures 5.84% with $2,871/mo rent. Return on cash invested shows 16.55% in year one, and 5% annual appreciation builds toward $163,006 over five years. Five-year ROI reaches 84.33% and total cumulative return in cash records $163,696. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,871/mo property income covering a $2,888/mo payment rather than investor’s personal income.
Single Family
Built in 1900
8,681 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80907, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,636 (100%) |
| Owner Occupied HU | 7,351 (50.2%) |
| Renter Occupied HU | 6,489 (44.3%) |
| Vacant Housing Units | 796 ( 5.4%) |
| Median Home Value | $479,361 |
| Average Home Value | $580,629 |
Housing Distribution
Address Breakdown
Residential
13,459
Single Family
11,403
Multi-Family
2,056
Businesses
1,790
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Listed by: Jeff Ryder • Keller Williams Premier Realty
Mls Name: Pikes Peak MLS
Mls ID: #5967464