1695 Little Bear Creek Point #4Colorado SpringsCO80905
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
Investment property for sale in Colorado Springs at 1695 Little Bear Creek Point #4, Colorado Springs, CO, 80905 offers a 8.77% rental yield on a $348,000 purchase with $2,542/mo rent. Total monthly income registers $2,542/mo, and a $1,703/mo payment leaves $514/mo available for distribution. Annual cash flow reaches $6,170/yr on $115,362 to close, and return on cash invested stands at 25.26% in year one. Equity gained on principal adds $2,246/yr while 5% annual appreciation supports $96,146 over five years. Portfolio math shows five-year ROI at 131.07% and total cumulative return in cash at $151,210. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,542/mo property income against a $1,703/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2008
566.28 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80905, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,182 (100%) |
| Owner Occupied HU | 4,060 (44.2%) |
| Renter Occupied HU | 4,483 (48.8%) |
| Vacant Housing Units | 639 ( 7.0%) |
| Median Home Value | $466,107 |
| Average Home Value | $497,446 |
Housing Distribution
Address Breakdown
Residential
8,501
Single Family
6,308
Multi-Family
2,193
Businesses
647
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robin Krueger C2EX GREEN MRP • REMAX PROPERTIES
Mls Name: Pikes Peak MLS
Mls ID: #8882627