3124 Bridgewater DrColorado SpringsCO80916
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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 3124 Bridgewater Dr, Colorado Springs, CO, 80916 with 5% annual appreciation on a $200,000 basis while $2,074/mo rent supports operations. Total monthly income totals $2,074/mo and a $979/mo payment preserves $678/mo for cash returns. Annual cash flow comes to $8,140/yr on $66,300 deployed, and return on cash invested reaches 32.19% in year one. Equity gained on principal adds $1,291/yr, and five-year appreciation sums $55,256 alongside rental yield of 12.44%. Five-year ROI measures 169.77% and total cumulative return in cash totals $112,556.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,074/mo property income versus a $979/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1997
653.40 sqft lot
$N/A/sqft
$230 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80916, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,222 (100%) |
| Owner Occupied HU | 8,003 (52.6%) |
| Renter Occupied HU | 6,622 (43.5%) |
| Vacant Housing Units | 597 ( 3.9%) |
| Median Home Value | $318,022 |
| Average Home Value | $344,349 |
Housing Distribution
Address Breakdown
Residential
15,603
Single Family
12,869
Multi-Family
2,734
Businesses
609
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Listed by: Kari Barnes • RE/MAX Leaders
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #3308501
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