1951 Giltshire DrColorado SpringsCO80905
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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 1951 Giltshire Dr, Colorado Springs, CO, 80905 generates $1,568/mo in rent, after a $1,366/mo payment. Total monthly income is $1,568/mo. Return on cash invested sits at 19.15% in year one, and rental yield is 6.74% on a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 98.32% and total cumulative return in cash sums $90,931. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,568/mo property income rather than buyer’s personal income.
Condo
Built in 1984
514.01 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
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Listed by: Ramona Williams • Exp Realty LLC
Mls Name: Pikes Peak MLS
Mls ID: #4084296