2618 Meade CirColorado SpringsCO80907
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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 2618 Meade Cir, Colorado Springs, CO, 80907 listed at $515,600 pairs $2,929/mo rent with a $2,524/mo payment. Total monthly income runs $2,929/mo. Return on cash invested measures 18.19% in year one, and rental yield registers 6.82% at a $515,600 basis. Equity gained on principal adds $3,327/yr, and annual property appreciation at 5% supports $142,451 by year five. Five-year ROI tracks 93.6% and total cumulative return in cash totals $158,782. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,929/mo property income relative to a $2,524/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
7,252 sqft lot
$N/A/sqft
$188 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80907, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,636 (100%) |
| Owner Occupied HU | 7,351 (50.2%) |
| Renter Occupied HU | 6,489 (44.3%) |
| Vacant Housing Units | 796 ( 5.4%) |
| Median Home Value | $479,361 |
| Average Home Value | $580,629 |
Housing Distribution
Address Breakdown
Residential
13,459
Single Family
11,403
Multi-Family
2,056
Businesses
1,790
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