2704 La Strada Grande HtsColorado SpringsCO80906
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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 2704 La Strada Grande Hts, Colorado Springs, CO, 80906 offers a 6.46% rental yield on a $540,750 purchase with $2,909/mo rent. 46% in year one. Equity gained on principal adds $3,489/yr while 5% annual appreciation supports $149,399 over five years. Portfolio math shows five-year ROI at 74.55% and total cumulative return in cash at $132,622. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,909/mo property income against a $2,647/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
8,437 sqft lot
$N/A/sqft
$1,764 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80906, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,829 (100%) |
| Owner Occupied HU | 9,253 (55.0%) |
| Renter Occupied HU | 6,380 (37.9%) |
| Vacant Housing Units | 1,196 ( 7.1%) |
| Median Home Value | $632,553 |
| Average Home Value | $699,557 |
Housing Distribution
Address Breakdown
Residential
16,320
Single Family
13,580
Multi-Family
2,740
Businesses
788
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Listed by: Cheri Whobrey • Quest Real Estate Partners
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #4925560
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