2421 Strickler RdColorado SpringsCO80906
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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 2421 Strickler Rd, Colorado Springs, CO, 80906 with 5% annual appreciation on a $799,000 basis while $3,376/mo rent supports operations. 21% in year one. Equity gained on principal adds $5,156/yr, and five-year appreciation sums $220,749 alongside rental yield of 5.07%. Five-year ROI measures 71.8% and total cumulative return in cash totals $188,730. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,376/mo property income versus a $3,911/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80906, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,829 (100%) |
| Owner Occupied HU | 9,253 (55.0%) |
| Renter Occupied HU | 6,380 (37.9%) |
| Vacant Housing Units | 1,196 ( 7.1%) |
| Median Home Value | $632,553 |
| Average Home Value | $699,557 |
Housing Distribution
Address Breakdown
Residential
16,320
Single Family
13,580
Multi-Family
2,740
Businesses
788
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Listed by: Amy Niswonger • Choicepoint Real Estate
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #2105314
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