205 N Murray Blvd LOT 141Colorado SpringsCO80916
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
Investment Highlights
Investment property for sale in Colorado Springs at 205 N Murray Blvd LOT 141, Colorado Springs, CO, 80916 uses $46,775 cash to close to unlock $6,748/yr annual cash flow and $562/mo monthly cash flow. Total monthly income runs $1,385/mo, and a $691/mo payment keeps the spread at $562/mo. Purchase price stands at $141,100, and rental yield measures 11.78% with $1,385/mo rent. Return on cash invested shows 34.34% in year one, and 5% annual appreciation builds toward $38,983 over five years. Five-year ROI reaches 179.81% and total cumulative return in cash records $84,104. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,385/mo property income covering a $691/mo payment rather than investor’s personal income.
Manufactured
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80916, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,222 (100%) |
| Owner Occupied HU | 8,003 (52.6%) |
| Renter Occupied HU | 6,622 (43.5%) |
| Vacant Housing Units | 597 ( 3.9%) |
| Median Home Value | $318,022 |
| Average Home Value | $344,349 |
Housing Distribution
Address Breakdown
Residential
15,603
Single Family
12,869
Multi-Family
2,734
Businesses
609
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A