319 N Tejon St APT 202Colorado 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
Investment property for sale in Colorado Springs at 319 N Tejon St APT 202, Colorado Springs, CO, 80903 listed at $784,000 pairs $1,919/mo rent with a $3,837/mo payment. Total monthly income runs $1,919/mo. Return on cash invested measures 7.73% in year one, and rental yield registers 2.94% at a $784,000 basis. Equity gained on principal adds $5,059/yr, and annual property appreciation at 5% supports $216,605 by year five. Five-year ROI tracks 37.05% and total cumulative return in cash totals $95,556. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,919/mo property income relative to a $3,837/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2004
N/A 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: Jennifer Dion C2EX GRI SRES • The Platinum Group
Mls Name: Pikes Peak MLS
Mls ID: #1818766