308 Steven 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
Total monthly income runs $1,737/mo, and a $1,713/mo payment. Purchase price stands at $349,991, and rental yield measures 5.96% with $1,737/mo rent. Return on cash invested shows 16.78% in year one, and 5% annual appreciation builds toward $96,696 over five years. Five-year ROI reaches 85.61% and total cumulative return in cash records $99,323. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,737/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1956
7,522 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: Kevin Kudrna • Pink Realty Inc
Mls Name: Pikes Peak MLS
Mls ID: #2568271