308 Sherri DrColorado SpringsCO80911
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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 308 Sherri Dr, Colorado Springs, CO, 80911 listed at $335,900 pairs $1,839/mo rent with a $1,644/mo payment. Total monthly income runs $1,839/mo. Return on cash invested measures 18.63% in year one, and rental yield registers 6.57% at a $335,900 basis. Equity gained on principal adds $2,168/yr, and annual property appreciation at 5% supports $92,803 by year five. Five-year ROI tracks 95.53% and total cumulative return in cash totals $106,371. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,839/mo property income relative to a $1,644/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
7,479 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80911, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,283 (100%) |
| Owner Occupied HU | 9,460 (77.0%) |
| Renter Occupied HU | 2,291 (18.7%) |
| Vacant Housing Units | 532 ( 4.3%) |
| Median Home Value | $433,182 |
| Average Home Value | $486,684 |
Housing Distribution
Address Breakdown
Residential
12,102
Single Family
11,873
Multi-Family
229
Businesses
219
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Listed by: Meri Burgess • HomeSmart
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #6743252
Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR Services Corp.