2012 Erin LoopColorado SpringsCO80918
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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 2012 Erin Loop, Colorado Springs, CO, 80918 generates $2,280/mo in rent and, after a $1,199/mo payment, leaves $852/mo in cash flow. Total monthly income is $2,280/mo, and annual cash flow is $10,228/yr on $81,218 invested. Return on cash invested sits at 32.5% in year one, and rental yield is 11.17% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 169.93% and total cumulative return in cash sums $138,012. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,280/mo property income rather than buyer’s personal income.
Townhouse
Built in 1981
723.10 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80918, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,773 (100%) |
| Owner Occupied HU | 11,383 (57.6%) |
| Renter Occupied HU | 7,597 (38.4%) |
| Vacant Housing Units | 793 ( 4.0%) |
| Median Home Value | $481,275 |
| Average Home Value | $562,245 |
Housing Distribution
Address Breakdown
Residential
19,829
Single Family
15,917
Multi-Family
3,912
Businesses
1,649
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Listed by: Jennifer Messick ABR AHWD GREEN GRI MRP SRES • Galvan and Gardner Real Estate Group, Inc.
Mls Name: Pikes Peak MLS
Mls ID: #8034398