3642 Red Baron DrColorado SpringsCO80911
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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 3642 Red Baron Dr, Colorado Springs, CO, 80911 listed at $473,000 pairs $2,674/mo rent with a $2,315/mo payment. Total monthly income runs $2,674/mo. Return on cash invested measures 19.28% in year one, and rental yield registers 6.78% at a $473,000 basis. Equity gained on principal adds $3,052/yr, and annual property appreciation at 5% supports $130,681 by year five. Five-year ROI tracks 98.99% and total cumulative return in cash totals $155,211. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,674/mo property income relative to a $2,315/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
7,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80911, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,283 (100%) |
| Owner Occupied HU | 9,460 (77.0%) |
| Renter Occupied HU | 2,291 (18.7%) |
| Vacant Housing Units | 532 ( 4.3%) |
| Median Home Value | $433,182 |
| Average Home Value | $486,684 |
Housing Distribution
Address Breakdown
Residential
12,102
Single Family
11,873
Multi-Family
229
Businesses
219
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Listed by: Shallana Baillargeon • Compass
Mls Name: Pikes Peak MLS
Mls ID: #1698495