2239 Palm Dr #AColorado SpringsCO80918
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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
Total monthly income runs $3,026/mo, and a $2,374/mo payment. Purchase price stands at $485,000, and rental yield measures 7.49% with $3,026/mo rent. Return on cash invested shows 18.77% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 97.22% and total cumulative return in cash records $156,314. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,026/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Townhouse
Built in 1994
2,103 sqft lot
$N/A/sqft
$352 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80918, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,773 (100%) |
| Owner Occupied HU | 11,383 (57.6%) |
| Renter Occupied HU | 7,597 (38.4%) |
| Vacant Housing Units | 793 ( 4.0%) |
| Median Home Value | $481,275 |
| Average Home Value | $562,245 |
Housing Distribution
Address Breakdown
Residential
19,829
Single Family
15,917
Multi-Family
3,912
Businesses
1,649
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Listed by: Laura Kraemer • Realty One Group Apex
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #7268396
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