31 W Boulder StColorado SpringsCO80903
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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
Rental property for sale in Colorado Springs at 31 W Boulder St, Colorado Springs, CO, 80903 priced at $415,000 pairs $2,468/mo rent with $50/mo cash flow after a $2,031/mo payment. Total monthly income equals $2,468/mo, and annual cash flow comes to $596/yr on $137,573 invested. Return on cash invested is 20.34% in year one, and rental yield stands at 7.14% on a $415,000 basis. Equity gained on principal adds $2,678/yr, and 5% annual appreciation accumulates to $114,657 by year five. Five-year ROI measures 104.69% and total cumulative return in cash reaches $144,021. For financing, Ziffy Mortgage’s DSCR program evaluates $2,468/mo property income against a $2,031/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
609.84 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80903, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,675 (100%) |
| Owner Occupied HU | 2,645 (27.3%) |
| Renter Occupied HU | 5,187 (53.6%) |
| Vacant Housing Units | 1,843 (19.0%) |
| Median Home Value | $512,438 |
| Average Home Value | $566,039 |
Housing Distribution
Address Breakdown
Residential
7,527
Single Family
5,875
Multi-Family
1,652
Businesses
1,867
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Listed by: Charles D'Alessio • BHHS Synergy
Mls Name: PAR
Mls ID: #234118