2019 S Corona AveColorado 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
Investment property for sale in Colorado Springs at 2019 S Corona Ave, Colorado Springs, CO, 80905 at $329,000 posts ROI 20.52% with $56/mo cash flow from $1,973/mo rent. Total monthly income equals $1,973/mo, and annual cash flow records $671/yr on $109,064 to close. Return on cash invested measures 20.52% and rental yield reads 7.2% at the current $329,000. Equity gained on principal adds $2,123/yr, and 5% annual appreciation supports $90,897 by year five. Five-year ROI prints 105.67% and total cumulative return in cash totals $115,245.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,973/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
6,098 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: Nick Clement ABR GREEN LFA LGA • RE/MAX Properties Inc.
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #3777336
Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR Services Corp.