258 W Rockrimmon Blvd APT AColorado SpringsCO80919
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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
Rental property for sale in Colorado Springs at 258 W Rockrimmon Blvd APT A, Colorado Springs, CO, 80919 offers $2,190/mo rent that, after a $1,581/mo payment. Total monthly income is $2,190/mo. Return on cash invested measures 19.15% in year one, and rental yield stands at 8.14% at a $323,000 entry. Equity gained on principal adds $2,084/yr while 5% annual appreciation compounds into $89,239 by year five. Five-year ROI records 99.85% and total cumulative return in cash reaches $106,917. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,190/mo property income versus a $1,581/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1975
757.94 sqft lot
$N/A/sqft
$375 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80919, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,171 (100%) |
| Owner Occupied HU | 8,472 (69.6%) |
| Renter Occupied HU | 3,233 (26.6%) |
| Vacant Housing Units | 466 ( 3.8%) |
| Median Home Value | $623,275 |
| Average Home Value | $653,723 |
Housing Distribution
Address Breakdown
Residential
12,051
Single Family
10,690
Multi-Family
1,361
Businesses
585
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Listed by: Steve Gustafson PSA • Century 21 Dream Home
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #1338291
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