1420 Courtyard HtsColorado 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 1420 Courtyard Hts, Colorado Springs, CO, 80906 generates $2,100/mo in rent and, after a $1,610/mo payment, leaves $183/mo in cash flow. Total monthly income is $2,100/mo, and annual cash flow is $2,195/yr on $109,064 invested. Return on cash invested sits at 21.92% in year one, and rental yield is 7.66% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 113.16% and total cumulative return in cash sums $123,417. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,100/mo property income rather than buyer’s personal income.
Townhouse
Built in 1998
958.32 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: Ramona Williams • Exp Realty LLC
Mls Name: Pikes Peak MLS
Mls ID: #8499730