2021 N Academy BlvdColorado SpringsCO80909
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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 2021 N Academy Blvd, Colorado Springs, CO, 80909 offers a 10.93% rental yield on a $262,000 purchase with $2,386/mo rent. Total monthly income registers $2,386/mo, and a $1,282/mo payment leaves $451/mo available for distribution. Annual cash flow reaches $5,418/yr on $86,853 to close, and return on cash invested stands at 26.15% in year one. Equity gained on principal adds $1,691/yr while 5% annual appreciation supports $72,386 over five years. Portfolio math shows five-year ROI at 137.89% and total cumulative return in cash at $119,757. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,386/mo property income against a $1,282/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1969
879.91 sqft lot
$N/A/sqft
$408 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80909, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,664 (100%) |
| Owner Occupied HU | 7,798 (46.8%) |
| Renter Occupied HU | 7,953 (47.7%) |
| Vacant Housing Units | 913 ( 5.5%) |
| Median Home Value | $420,379 |
| Average Home Value | $475,993 |
Housing Distribution
Address Breakdown
Residential
16,185
Single Family
13,788
Multi-Family
2,397
Businesses
1,840
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Listed by: Erik Galloway • Real Broker, LLC DBA Real
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #9947784
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