1426 Jet Wing CirColorado SpringsCO80916
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1426 Jet Wing Cir, Colorado Springs, CO, 80916 offers $2,334/mo rent that, after a $1,750/mo payment, leaves $250/mo cash flow. Total monthly income is $2,334/mo, and annual cash flow is $3,004/yr on $118,511 cash. Return on cash invested measures 22.44% in year one, and rental yield stands at 7.83% at a $357,500 entry. Equity gained on principal adds $2,307/yr while 5% annual appreciation compounds into $98,771 by year five. Five-year ROI records 115.98% and total cumulative return in cash reaches $137,453. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,334/mo property income versus a $1,750/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
6,800 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nina Hwu • Equity Colorado Real Estate
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #7414994
Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR Services Corp.