2902 Airport RdColorado SpringsCO80910
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
Investment property for sale in Colorado Springs at 2902 Airport Rd, Colorado Springs, CO, 80910 at $187,000 posts ROI 20.81% with $46/mo cash flow from $1,474/mo rent. Total monthly income equals $1,474/mo, and annual cash flow records $558/yr on $61,991 to close. Return on cash invested measures 20.81% and rental yield reads 9.46% at the current $187,000. Equity gained on principal adds $1,207/yr, and 5% annual appreciation supports $51,665 by year five. Five-year ROI prints 109.59% and total cumulative return in cash totals $67,938.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,474/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1965
566.28 sqft lot
$N/A/sqft
$338 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia Niemann • Pink Realty
Mls Name: PAR
Mls Provider:
Mls ID: #225554
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.