2902 Airport Rd APT 116Colorado SpringsCO80910
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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 2902 Airport Rd APT 116, Colorado Springs, CO, 80910 earns $289/mo cash flow from $1,128/mo rent with a $705/mo payment. Total monthly income totals $1,128/mo, and annual cash flow totals $3,463/yr on $47,736 capital. ROI tracks 27.16% on current figures, and rental yield reads 9.4% at a $144,000 purchase. Equity gained on principal adds $929/yr, and 5% annual appreciation supports $39,785 over five years. Five-year ROI reaches 141.29% and total cumulative return in cash sums $67,446. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,128/mo property income instead of your personal income.
Condo
Built in 1965
439.96 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80910, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,937 (100%) |
| Owner Occupied HU | 5,679 (40.7%) |
| Renter Occupied HU | 7,488 (53.7%) |
| Vacant Housing Units | 770 ( 5.5%) |
| Median Home Value | $353,343 |
| Average Home Value | $395,016 |
Housing Distribution
Address Breakdown
Residential
13,427
Single Family
10,496
Multi-Family
2,931
Businesses
634
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Listed by: Paul Kohlman • The Cutting Edge
Mls Name: Pikes Peak MLS
Mls ID: #2117736