1907 Independence DrColorado SpringsCO80920
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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 1907 Independence Dr, Colorado Springs, CO, 80920 earns from $2,646/mo rent with a $2,423/mo payment. Total monthly income totals $2,646/mo. ROI tracks 18.16% on current figures, and rental yield reads 6.41% at a $495,000 purchase. Equity gained on principal adds $3,194/yr, and 5% annual appreciation supports $136,759 over five years. Five-year ROI reaches 92.98% and total cumulative return in cash sums $152,578. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,646/mo property income instead of your personal income.
Single Family
Built in 1980
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80920, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,640 (100%) |
| Owner Occupied HU | 9,892 (63.2%) |
| Renter Occupied HU | 5,196 (33.2%) |
| Vacant Housing Units | 552 ( 3.5%) |
| Median Home Value | $533,256 |
| Average Home Value | $576,502 |
Housing Distribution
Address Breakdown
Residential
15,525
Single Family
13,075
Multi-Family
2,450
Businesses
1,302
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Listed by: LeAnn Charles MRP • Excellence2
Mls Name: Pikes Peak MLS
Mls ID: #5888312