1709 Russell CirColorado SpringsCO80915
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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 1709 Russell Cir, Colorado Springs, CO, 80915 generates $1,991/mo in rent, after a $2,203/mo payment. Total monthly income is $1,991/mo. Return on cash invested sits at 14.83% in year one, and rental yield is 5.31% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 75.1% and total cumulative return in cash sums $112,026. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,991/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
8,524 sqft lot
$N/A/sqft
No 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
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Listed by: Richard Gingras REOS • Keller Williams Partners
Mls Name: Pikes Peak MLS
Mls ID: #5729811