2434 Cherokee Park PlColorado SpringsCO80915
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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 2434 Cherokee Park Pl, Colorado Springs, CO, 80915 earns $849/mo cash flow from $1,942/mo rent with a $918/mo payment. Total monthly income totals $1,942/mo, and annual cash flow totals $10,188/yr on $62,156 capital. ROI tracks 36.3% on current figures, and rental yield reads 12.43% at a $187,500 purchase. Equity gained on principal adds $1,210/yr, and 5% annual appreciation supports $51,803 over five years. Five-year ROI reaches 190.24% and total cumulative return in cash sums $118,243. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,942/mo property income instead of your personal income.
Townhouse
Built in 1983
723.10 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80915, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,702 (100%) |
| Owner Occupied HU | 5,806 (59.8%) |
| Renter Occupied HU | 3,280 (33.8%) |
| Vacant Housing Units | 616 ( 6.3%) |
| Median Home Value | $423,486 |
| Average Home Value | $490,589 |
Housing Distribution
Address Breakdown
Residential
9,699
Single Family
8,166
Multi-Family
1,533
Businesses
967
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Listed by: Thomas Lazzaro • Performance Plus Realty Inc
Mls Name: Pikes Peak MLS
Mls ID: #4203179