3914 Leah HtsColorado SpringsCO80906
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 3914 Leah Hts, Colorado Springs, CO, 80906 uses $110,224 cash to close to unlock $6,056/yr annual cash flow and $505/mo monthly cash flow. Total monthly income runs $2,442/mo, and a $1,627/mo payment keeps the spread at $505/mo. Purchase price stands at $332,500, and rental yield measures 8.81% with $2,442/mo rent. Return on cash invested shows 25.4% in year one, and 5% annual appreciation builds toward $91,864 over five years. Five-year ROI reaches 131.82% and total cumulative return in cash records $145,300. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,442/mo property income covering a $1,627/mo payment rather than investor’s personal income.
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