3380 Foxridge DrColorado SpringsCO80916
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 3380 Foxridge Dr, Colorado Springs, CO, 80916 at $286,000 posts ROI 23.04% with $247/mo cash flow from $1,914/mo rent. Total monthly income equals $1,914/mo, and annual cash flow records $2,965/yr on $94,809 to close. Return on cash invested measures 23.04% and rental yield reads 8.03% at the current $286,000. Equity gained on principal adds $1,846/yr, and 5% annual appreciation supports $79,017 by year five. Five-year ROI prints 119.17% and total cumulative return in cash totals $112,988.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,914/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1982
6,003 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alan Armour • RE/MAX Properties Inc
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #9742840
Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR Services Corp.