3280 S Academy Boulevard LOT 244Colorado 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 S Academy Boulevard LOT 244, Colorado Springs, CO, 80910 listed at $130,000 pairs $990/mo rent with a $636/mo payment to leave $233/mo cash flow. Total monthly income runs $990/mo, and annual cash flow reaches $2,792/yr on $43,095 cash to close. Return on cash invested measures 26.39% in year one, and rental yield registers 9.14% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 137.17% and total cumulative return in cash totals $59,115. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $990/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2017
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: Sly Martinez • Keller Williams Partners Realty
Mls Name: REcolorado
Mls ID: #5548015