3280 Academy Boulevard LOT 110Colorado SpringsCO80910
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3280 Academy Boulevard LOT 110, Colorado Springs, CO, 80910 listed at $129,000 pairs $980/mo rent with a $631/mo payment to leave $229/mo cash flow. Total monthly income runs $980/mo, and annual cash flow reaches $2,743/yr on $42,764 cash to close. Return on cash invested measures 26.32% in year one, and rental yield registers 9.12% at a $129,000 basis. Equity gained on principal adds $832/yr, and annual property appreciation at 5% supports $35,640 by year five. Five-year ROI tracks 136.83% and total cumulative return in cash totals $58,513. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $980/mo property income relative to a $631/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80910, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,937 (100%) |
| Owner Occupied HU | 5,679 (40.7%) |
| Renter Occupied HU | 7,488 (53.7%) |
| Vacant Housing Units | 770 ( 5.5%) |
| Median Home Value | $353,343 |
| Average Home Value | $395,016 |
Housing Distribution
Address Breakdown
Residential
13,427
Single Family
10,496
Multi-Family
2,931
Businesses
634
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Crook • Ed Prather Real Estate
Mls Name: REcolorado
Mls ID: #9559008