3451 Skywatch HtsColorado SpringsCO80904
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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 3451 Skywatch Hts, Colorado Springs, CO, 80904 generates $3,360/mo in rent, after a $5,134/mo payment. Total monthly income is $3,360/mo. Return on cash invested sits at 10.65% in year one, and rental yield is 3.84% on a $1,049,000 entry. Equity gained on principal adds $6,769/yr, while 5% annual appreciation builds toward $289,819 over five years. Five-year ROI reaches 52.6% and total cumulative return in cash sums $178,780. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,360/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
9,269 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80904, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,295 (100%) |
| Owner Occupied HU | 5,756 (51.0%) |
| Renter Occupied HU | 4,554 (40.3%) |
| Vacant Housing Units | 985 ( 8.7%) |
| Median Home Value | $570,715 |
| Average Home Value | $629,491 |
Housing Distribution
Address Breakdown
Residential
10,765
Single Family
9,323
Multi-Family
1,442
Businesses
839
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Listed by: Kevin Patterson CRS GRI RSPS SFR • The Patterson Group
Mls Name: Pikes Peak MLS
Mls ID: #1260713