1625 N Murray Blvd APT 208Colorado SpringsCO80915
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 1625 N Murray Blvd APT 208, Colorado Springs, CO, 80915 generates $1,343/mo in rent and, after a $827/mo payment, leaves $105/mo in cash flow. Total monthly income is $1,343/mo, and annual cash flow is $1,263/yr on $56,024 invested. Return on cash invested sits at 22.16% in year one, and rental yield is 9.54% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 116.49% and total cumulative return in cash sums $65,263. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,343/mo property income rather than buyer’s personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
$253 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80915, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,702 (100%) |
| Owner Occupied HU | 5,806 (59.8%) |
| Renter Occupied HU | 3,280 (33.8%) |
| Vacant Housing Units | 616 ( 6.3%) |
| Median Home Value | $423,486 |
| Average Home Value | $490,589 |
Housing Distribution
Address Breakdown
Residential
9,699
Single Family
8,166
Multi-Family
1,533
Businesses
967
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dan Donivan CRS GRI • RE/MAX Real Estate Group LLC
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #9037010
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.