2984 Loot DrColorado SpringsCO80939
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
Rental property for sale in Colorado Springs at 2984 Loot Dr, Colorado Springs, CO, 80939 offers $2,439/mo rent that, after a $2,080/mo payment. Total monthly income is $2,439/mo. Return on cash invested measures 19.59% in year one, and rental yield stands at 6.89% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 100.66% and total cumulative return in cash reaches $141,821. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,439/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
6,599 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Abigail Thompson • Keller Williams Partners
Mls Name: Pikes Peak MLS
Mls ID: #4165764