2209 Gilpin AveColorado 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 2209 Gilpin Ave, Colorado Springs, CO, 80910 with 5% annual appreciation on a $387,100 basis while $2,366/mo rent supports operations. Total monthly income totals $2,366/mo and a $1,895/mo payment preserves $54/mo for cash returns. Annual cash flow comes to $645/yr on $128,324 deployed, and return on cash invested reaches 20.41% in year one. Equity gained on principal adds $2,498/yr, and five-year appreciation sums $106,949 alongside rental yield of 7.33%. Five-year ROI measures 105.26% and total cumulative return in cash totals $135,070.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,366/mo property income versus a $1,895/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
2,178 sqft lot
$N/A/sqft
$56 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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Nearby investment properties with comparable prices
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