20 N 32nd StColorado SpringsCO80904
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 20 N 32nd St, Colorado Springs, CO, 80904 uses $157,429 cash to close to unlock $7,113/yr annual cash flow and $593/mo monthly cash flow. Total monthly income runs $3,360/mo, and a $2,324/mo payment keeps the spread at $593/mo. Purchase price stands at $474,900, and rental yield measures 8.49% with $3,360/mo rent. Return on cash invested shows 24.43% in year one, and 5% annual appreciation builds toward $131,206 over five years. Five-year ROI reaches 126.59% and total cumulative return in cash records $199,295. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,360/mo property income covering a $2,324/mo payment rather than investor’s personal income.
Single Family
Built in 1978
5,009 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80904, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,295 (100%) |
| Owner Occupied HU | 5,756 (51.0%) |
| Renter Occupied HU | 4,554 (40.3%) |
| Vacant Housing Units | 985 ( 8.7%) |
| Median Home Value | $570,715 |
| Average Home Value | $629,491 |
Housing Distribution
Address Breakdown
Residential
10,765
Single Family
9,323
Multi-Family
1,442
Businesses
839
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Latisha Adams • Equity Edge Realty, Inc.
Mls Name: PAR
Mls Provider:
Mls ID: #234254
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.