2960 Rio Vista DrColorado SpringsCO80917
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 2960 Rio Vista Dr, Colorado Springs, CO, 80917 listed at $400,000 pairs $2,092/mo rent with a $1,958/mo payment. Total monthly income runs $2,092/mo. Return on cash invested measures 17.74% in year one, and rental yield registers 6.28% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 90.75% and total cumulative return in cash totals $120,340. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,092/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
8,376 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80917, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,977 (100%) |
| Owner Occupied HU | 7,367 (52.7%) |
| Renter Occupied HU | 5,971 (42.7%) |
| Vacant Housing Units | 639 ( 4.6%) |
| Median Home Value | $435,250 |
| Average Home Value | $485,594 |
Housing Distribution
Address Breakdown
Residential
13,327
Single Family
11,286
Multi-Family
2,041
Businesses
554
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Coram • The Cutting Edge
Mls Name: Pikes Peak MLS
Mls ID: #5004458