312 Cheyenne BlvdColorado SpringsCO80905
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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 312 Cheyenne Blvd, Colorado Springs, CO, 80905 offers $2,677/mo rent that, after a $2,812/mo payment. Total monthly income is $2,677/mo. Return on cash invested measures 15.8% in year one, and rental yield stands at 5.59% at a $574,500 entry. Equity gained on principal adds $3,707/yr while 5% annual appreciation compounds into $158,724 by year five. Five-year ROI records 80.29% and total cumulative return in cash reaches $151,762. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,677/mo property income versus a $2,812/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1893
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80905, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,182 (100%) |
| Owner Occupied HU | 4,060 (44.2%) |
| Renter Occupied HU | 4,483 (48.8%) |
| Vacant Housing Units | 639 ( 7.0%) |
| Median Home Value | $466,107 |
| Average Home Value | $497,446 |
Housing Distribution
Address Breakdown
Residential
8,501
Single Family
6,308
Multi-Family
2,193
Businesses
647
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Listed by: Uriah Werner • HomeSmart
Mls Name: Pikes Peak MLS
Mls ID: #7191783