2049 Sussex LnColorado 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 2049 Sussex Ln, Colorado Springs, CO, 80909 uses $99,450 cash to close to unlock $3,360/yr annual cash flow and $280/mo monthly cash flow. Total monthly income runs $2,548/mo, and a $1,468/mo payment keeps the spread at $280/mo. Purchase price stands at $300,000, and rental yield measures 10.19% with $2,548/mo rent. Return on cash invested shows 23.29% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 122.74% and total cumulative return in cash records $122,064. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,548/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Townhouse
Built in 1978
1,406 sqft lot
$N/A/sqft
$520 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: Jed Johnson • Exp Realty LLC
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #1335680
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.