2650 Fredricksburg DrColorado SpringsCO80922
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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 2650 Fredricksburg Dr, Colorado Springs, CO, 80922 uses $128,954 cash to close to unlock $4,403/yr annual cash flow and $367/mo monthly cash flow. Total monthly income runs $2,634/mo, and a $1,904/mo payment keeps the spread at $367/mo. Purchase price stands at $389,000, and rental yield measures 8.13% with $2,634/mo rent. Return on cash invested shows 23.32% in year one, and 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 120.67% and total cumulative return in cash records $155,610. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,634/mo property income covering a $1,904/mo payment rather than investor’s personal income.
Single Family
Built in 1986
3,911 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80922, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,243 (100%) |
| Owner Occupied HU | 8,431 (68.9%) |
| Renter Occupied HU | 3,022 (24.7%) |
| Vacant Housing Units | 790 ( 6.5%) |
| Median Home Value | $457,514 |
| Average Home Value | $495,259 |
Housing Distribution
Address Breakdown
Residential
12,520
Single Family
11,271
Multi-Family
1,249
Businesses
284
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Listed by: Candace Hollon • Real Broker, LLC DBA Real
Mls Name: Pikes Peak MLS
Mls ID: #2813034