2232 Arikaree Hts #304Colorado SpringsCO80908
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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 2232 Arikaree Hts #304, Colorado Springs, CO, 80908 offers a 10.69% rental yield on a $354,990 purchase with $3,162/mo rent. Total monthly income registers $3,162/mo, and a $1,738/mo payment leaves $1,094/mo available for distribution. Annual cash flow reaches $13,124/yr on $117,679 to close, and return on cash invested stands at 31.06% in year one. Equity gained on principal adds $2,291/yr while 5% annual appreciation supports $98,077 over five years. Portfolio math shows five-year ROI at 162.17% and total cumulative return in cash at $190,844. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,162/mo property income against a $1,738/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80908, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,294 (100%) |
| Owner Occupied HU | 8,900 (86.5%) |
| Renter Occupied HU | 902 ( 8.8%) |
| Vacant Housing Units | 492 ( 4.8%) |
| Median Home Value | $710,830 |
| Average Home Value | $783,617 |
Housing Distribution
Address Breakdown
Residential
9,797
Single Family
9,414
Multi-Family
383
Businesses
239
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Listed by: Sarah Futa • Keller Williams Action Realty, LLC
Mls Name: Pikes Peak MLS
Mls ID: #2882832