2035 Bristlecone DrColorado SpringsCO80919
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 2035 Bristlecone Dr, Colorado Springs, CO, 80919 in Colorado Springs is a conservative rental investment at $323,500. Rental yield 7.28%. A 1.35 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $89,377; $2,979/yr in principal paydown supplements. Total projected return: $110,261.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 6.2% |
| Monthly Cash Flow | $(204) | $285 |
City averages based on Colorado Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,962 |
| Total Monthly Debt Service | $2,038 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1987
2,992 sqft lot
$N/A/sqft
$281 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80919, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,171 (100%) |
| Owner Occupied HU | 8,472 (69.6%) |
| Renter Occupied HU | 3,233 (26.6%) |
| Vacant Housing Units | 466 ( 3.8%) |
| Median Home Value | $623,275 |
| Average Home Value | $653,723 |
Housing Distribution
Address Breakdown
Residential
12,051
Single Family
10,690
Multi-Family
1,361
Businesses
585
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
Townhouse
Built in 1987
2,992 sqft lot
$N/A/sqft
$281 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80919, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,171 (100%) |
| Owner Occupied HU | 8,472 (69.6%) |
| Renter Occupied HU | 3,233 (26.6%) |
| Vacant Housing Units | 466 ( 3.8%) |
| Median Home Value | $623,275 |
| Average Home Value | $653,723 |
Housing Distribution
Address Breakdown
Residential
12,051
Single Family
10,690
Multi-Family
1,361
Businesses
585
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laurie Derickson • Exp Realty LLC
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #4038233
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.