2122 Denton Grv APT 103Colorado SpringsCO80919
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
Rental property for sale in Colorado Springs at 2122 Denton Grv APT 103, Colorado Springs, CO, 80919 generates $1,642/mo in rent and, after a $1,346/mo payment, leaves $39/mo in cash flow. Total monthly income is $1,642/mo, and annual cash flow is $472/yr on $91,163 invested. Return on cash invested sits at 20.43% in year one, and rental yield is 7.17% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 105.17% and total cumulative return in cash sums $95,879. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,642/mo property income rather than buyer’s personal income.
Condo
Built in 1996
871.20 sqft lot
$N/A/sqft
No 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: Harry Salzman CRP CRS GRI SRES • ERA Shields Real Estate
Mls Name: Pikes Peak MLS
Mls ID: #1915604