3129 Breckenridge Dr WColorado SpringsCO80906
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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 3129 Breckenridge Dr W, Colorado Springs, CO, 80906 priced at $509,719 converts $3,034/mo rent into $63/mo cash flow after a $2,495/mo obligation. Total monthly income equals $3,034/mo, and annual cash flow totals $759/yr on $167,698 invested. Return on cash invested prints 20.51% in year one, and rental yield reads 7.14% against a $509,719 entry. Equity gained on principal adds $3,289/yr, while 5% annual appreciation compiles into $140,826 by year five. Five-year ROI reaches 105.59% and total cumulative return in cash sums $177,071. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,034/mo property income covering a $2,495/mo payment, not borrower’s personal income.
Single Family
Built in 1973
8,160 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80906, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,829 (100%) |
| Owner Occupied HU | 9,253 (55.0%) |
| Renter Occupied HU | 6,380 (37.9%) |
| Vacant Housing Units | 1,196 ( 7.1%) |
| Median Home Value | $632,553 |
| Average Home Value | $699,557 |
Housing Distribution
Address Breakdown
Residential
16,320
Single Family
13,580
Multi-Family
2,740
Businesses
788
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Listed by: Shane Bruckner ABR • Nest Egg Realty, LLC
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #6372460
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