17180 Hanover RdColorado SpringsCO80928
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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 17180 Hanover Rd, Colorado Springs, CO, 80928 offers a 5.36% rental yield on a $415,000 purchase with $1,854/mo rent. 99% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Portfolio math shows five-year ROI at 75.98% and total cumulative return in cash at $104,529. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,854/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2018
35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80928, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 448 (100%) |
| Owner Occupied HU | 315 (70.3%) |
| Renter Occupied HU | 102 (22.8%) |
| Vacant Housing Units | 31 ( 6.9%) |
| Median Home Value | $375,000 |
| Average Home Value | $390,206 |
Housing Distribution
Address Breakdown
Residential
456
Single Family
456
Multi-Family
0
Businesses
3
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Listed by: David Ramirez • RE/MAX Associates
Mls Name: PAR
Mls ID: #234153