1510 Little Bear Creek Pt UNIT 202Colorado SpringsCO80904
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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 1510 Little Bear Creek Pt UNIT 202, Colorado Springs, CO, 80904 listed at $314,900 pairs $2,580/mo rent with a $1,541/mo payment to leave $745/mo cash flow. Total monthly income runs $2,580/mo, and annual cash flow reaches $8,941/yr on $104,389 cash to close. Return on cash invested measures 28.47% in year one, and rental yield registers 9.83% at a $314,900 basis. Equity gained on principal adds $2,032/yr, and annual property appreciation at 5% supports $87,001 by year five. Five-year ROI tracks 148.33% and total cumulative return in cash totals $154,846. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,580/mo property income relative to a $1,541/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2011
522.72 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80904, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,295 (100%) |
| Owner Occupied HU | 5,756 (51.0%) |
| Renter Occupied HU | 4,554 (40.3%) |
| Vacant Housing Units | 985 ( 8.7%) |
| Median Home Value | $570,715 |
| Average Home Value | $629,491 |
Housing Distribution
Address Breakdown
Residential
10,765
Single Family
9,323
Multi-Family
1,442
Businesses
839
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Listed by: Norma Alexander-Rhodes • Merit Company
Mls Name: PAR
Mls ID: #235496