3914 Leah HtsColorado SpringsCO80906
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 3914 Leah Hts, Colorado Springs, CO, 80906 in Colorado Springs earns a 8.81% gross yield at $332,500. Rent of $2,442/mo nets $504/mo after the $1,495/mo mortgage. The 1.63 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $91,864 and $3,062/yr in equity accumulation project a total cumulative return of $158,012.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.2% |
| Monthly Cash Flow | $504 | $285 |
City averages based on Colorado Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,442 |
| Total Monthly Debt Service | $1,805 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1997
1,528 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80906, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,829 (100%) |
| Owner Occupied HU | 9,253 (55.0%) |
| Renter Occupied HU | 6,380 (37.9%) |
| Vacant Housing Units | 1,196 ( 7.1%) |
| Median Home Value | $632,553 |
| Average Home Value | $699,557 |
Housing Distribution
Address Breakdown
Residential
16,320
Single Family
13,580
Multi-Family
2,740
Businesses
788
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
Condo
Built in 1997
1,528 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80906, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,829 (100%) |
| Owner Occupied HU | 9,253 (55.0%) |
| Renter Occupied HU | 6,380 (37.9%) |
| Vacant Housing Units | 1,196 ( 7.1%) |
| Median Home Value | $632,553 |
| Average Home Value | $699,557 |
Housing Distribution
Address Breakdown
Residential
16,320
Single Family
13,580
Multi-Family
2,740
Businesses
788
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kaitlyn Olson • Armstrong Real Estate Company
Mls Name: Pikes Peak MLS
Mls ID: #9277620