2022 Palm DrColorado 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
Investment property for sale in Colorado Springs at 2022 Palm Dr, Colorado Springs, CO, 80918 earns $421/mo cash flow from $2,280/mo rent with a $1,561/mo payment. Total monthly income totals $2,280/mo, and annual cash flow totals $5,055/yr on $105,749 capital. ROI tracks 24.69% on current figures, and rental yield reads 8.58% at a $319,000 purchase. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,134 over five years. Five-year ROI reaches 128.03% and total cumulative return in cash sums $135,385. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,280/mo property income instead of your personal income.
Townhouse
Built in 1984
897.34 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: Lisa Robinson ABR RENE • REMAX PROPERTIES
Mls Name: Pikes Peak MLS
Mls ID: #4601123