309 Redwood DrColorado SpringsCO80907
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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 309 Redwood Dr, Colorado Springs, CO, 80907 with 5% annual appreciation on a $276,500 basis while $1,832/mo rent supports operations. Total monthly income totals $1,832/mo and a $1,353/mo payment preserves $221/mo for cash returns. Annual cash flow comes to $2,651/yr on $91,660 deployed, and return on cash invested reaches 22.8% in year one. Equity gained on principal adds $1,784/yr, and five-year appreciation sums $76,392 alongside rental yield of 7.95%. Five-year ROI measures 117.86% and total cumulative return in cash totals $108,026.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,832/mo property income versus a $1,353/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
5,898 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80907, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,636 (100%) |
| Owner Occupied HU | 7,351 (50.2%) |
| Renter Occupied HU | 6,489 (44.3%) |
| Vacant Housing Units | 796 ( 5.4%) |
| Median Home Value | $479,361 |
| Average Home Value | $580,629 |
Housing Distribution
Address Breakdown
Residential
13,459
Single Family
11,403
Multi-Family
2,056
Businesses
1,790
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Listed by: Patrick Muldoon • Muldoon Associates Inc
Mls Name: Pikes Peak MLS
Mls ID: #3922345