2815 Downhill DrColorado SpringsCO80918
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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 2815 Downhill Dr, Colorado Springs, CO, 80918 uses $166,145 cash to close to unlock $1,736/yr annual cash flow and $145/mo monthly cash flow. Total monthly income runs $3,088/mo, and a $2,472/mo payment keeps the spread at $145/mo. Purchase price stands at $505,000, and rental yield measures 7.34% with $3,088/mo rent. Return on cash invested shows 21.11% in year one, and 5% annual appreciation builds toward $139,522 over five years. Five-year ROI reaches 108.75% and total cumulative return in cash records $180,690. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,088/mo property income covering a $2,472/mo payment rather than investor’s personal income.
Single Family
Built in 1977
9,975 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80918, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,773 (100%) |
| Owner Occupied HU | 11,383 (57.6%) |
| Renter Occupied HU | 7,597 (38.4%) |
| Vacant Housing Units | 793 ( 4.0%) |
| Median Home Value | $481,275 |
| Average Home Value | $562,245 |
Housing Distribution
Address Breakdown
Residential
19,829
Single Family
15,917
Multi-Family
3,912
Businesses
1,649
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Listed by: J.P. Speers • Bhhs Rocky Mountain Realtors
Mls Name: Royal Gorge AOR
Mls ID: #1400012