2066 Summerset DrColorado SpringsCO80920
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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 2066 Summerset Dr, Colorado Springs, CO, 80920 listed at $429,500 pairs $2,616/mo rent with a $2,102/mo payment to leave $113/mo cash flow. Total monthly income runs $2,616/mo, and annual cash flow reaches $1,358/yr on $142,379 cash to close. Return on cash invested measures 20.86% in year one, and rental yield registers 7.31% at a $429,500 basis. Equity gained on principal adds $2,772/yr, and annual property appreciation at 5% supports $118,663 by year five. Five-year ROI tracks 107.5% and total cumulative return in cash totals $153,062. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,616/mo property income relative to a $2,102/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1995
1,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80920, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,640 (100%) |
| Owner Occupied HU | 9,892 (63.2%) |
| Renter Occupied HU | 5,196 (33.2%) |
| Vacant Housing Units | 552 ( 3.5%) |
| Median Home Value | $533,256 |
| Average Home Value | $576,502 |
Housing Distribution
Address Breakdown
Residential
15,525
Single Family
13,075
Multi-Family
2,450
Businesses
1,302
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Listed by: William Kemp CDPE CRS GRI • The Platinum Group
Mls Name: Pikes Peak MLS
Mls ID: #2963134