2152 Creekridge PointColorado SpringsCO80910
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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 2152 Creekridge Point, Colorado Springs, CO, 80910 uses $95,804 cash to close to unlock $867/yr annual cash flow and $72/mo monthly cash flow. Total monthly income runs $2,012/mo, and a $1,415/mo payment keeps the spread at $72/mo. Purchase price stands at $289,000, and rental yield measures 8.35% with $2,012/mo rent. Return on cash invested shows 20.81% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 108.41% and total cumulative return in cash records $103,862. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,012/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Townhouse
Built in 2005
1,014 sqft lot
$N/A/sqft
$255 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80910, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,937 (100%) |
| Owner Occupied HU | 5,679 (40.7%) |
| Renter Occupied HU | 7,488 (53.7%) |
| Vacant Housing Units | 770 ( 5.5%) |
| Median Home Value | $353,343 |
| Average Home Value | $395,016 |
Housing Distribution
Address Breakdown
Residential
13,427
Single Family
10,496
Multi-Family
2,931
Businesses
634
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Listed by: Cathy Scaggs AHWD GRI MRP SRES • Engel & Voelkers Pikes Peak
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #3156360
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