2502 Accolade Circle LOT 316Colorado SpringsCO80916
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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 2502 Accolade Circle LOT 316, Colorado Springs, CO, 80916 uses $46,410 cash to close to unlock $3,040/yr annual cash flow and $253/mo monthly cash flow. Total monthly income runs $1,069/mo, and a $685/mo payment keeps the spread at $253/mo. Purchase price stands at $140,000, and rental yield measures 9.16% with $1,069/mo rent. Return on cash invested shows 26.46% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 137.55% and total cumulative return in cash records $63,838. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,069/mo property income covering a $685/mo payment rather than investor’s personal income.
Manufactured
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80916, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,222 (100%) |
| Owner Occupied HU | 8,003 (52.6%) |
| Renter Occupied HU | 6,622 (43.5%) |
| Vacant Housing Units | 597 ( 3.9%) |
| Median Home Value | $318,022 |
| Average Home Value | $344,349 |
Housing Distribution
Address Breakdown
Residential
15,603
Single Family
12,869
Multi-Family
2,734
Businesses
609
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Listed by: Ricardo Novelo • You 1st Realty - Unity
Mls Name: REcolorado
Mls ID: #4152020