3643 Bareback DrColorado SpringsCO80922
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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 3643 Bareback Dr, Colorado Springs, CO, 80922 generates $2,632/mo in rent and, after a $2,031/mo payment, leaves $198/mo in cash flow. Total monthly income is $2,632/mo, and annual cash flow is $2,373/yr on $137,539 invested. Return on cash invested sits at 21.63% in year one, and rental yield is 7.61% on a $414,900 entry. Equity gained on principal adds $2,677/yr, while 5% annual appreciation builds toward $114,629 over five years. Five-year ROI reaches 111.66% and total cumulative return in cash sums $153,578. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,632/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
6,969 sqft lot
$N/A/sqft
$16 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80922, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,243 (100%) |
| Owner Occupied HU | 8,431 (68.9%) |
| Renter Occupied HU | 3,022 (24.7%) |
| Vacant Housing Units | 790 ( 6.5%) |
| Median Home Value | $457,514 |
| Average Home Value | $495,259 |
Housing Distribution
Address Breakdown
Residential
12,520
Single Family
11,271
Multi-Family
1,249
Businesses
284
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