2142 Addison St, Colorado Springs, CO, 80916 | $334/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Colorado Springs at 2142 Addison St, Colorado Springs, CO, 80916 generates $2,053/mo in rent and, after a $1,444/mo payment, leaves $334/mo in cash flow. Total monthly income is $2,053/mo, and annual cash flow is $4,004/yr on $97,793 invested. Return on cash invested sits at 24% in year one, and rental yield is 8.35% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 124.33% and total cumulative return in cash sums $121,586. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,053/mo property income rather than buyer’s personal income.

Single Family

Built in 1981

9,199 sqft 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