2622 E Dale St APT BColorado SpringsCO80909
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2622 E Dale St APT B, Colorado Springs, CO, 80909 priced at $268,000 converts $1,446/mo rent into after a $1,312/mo obligation. Total monthly income equals $1,446/mo. Return on cash invested prints 18.06% in year one, and rental yield reads 6.47% against a $268,000 entry. Equity gained on principal adds $1,729/yr, while 5% annual appreciation compiles into $74,043 by year five. Five-year ROI reaches 92.6% and total cumulative return in cash sums $82,269. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,446/mo property income covering a $1,312/mo payment, not borrower’s personal income.
Townhouse
Built in 1985
3,219 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80909, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,664 (100%) |
| Owner Occupied HU | 7,798 (46.8%) |
| Renter Occupied HU | 7,953 (47.7%) |
| Vacant Housing Units | 913 ( 5.5%) |
| Median Home Value | $420,379 |
| Average Home Value | $475,993 |
Housing Distribution
Address Breakdown
Residential
16,185
Single Family
13,788
Multi-Family
2,397
Businesses
1,840
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tim Coen • Priority Home Realty Group Inc
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #7311797
Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR Services Corp.