3924 Berkley CtColorado 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 3924 Berkley Ct, Colorado Springs, CO, 80906 uses $90,665 cash to close to unlock $1,941/yr annual cash flow and $162/mo monthly cash flow. Total monthly income runs $2,100/mo, and a $1,339/mo payment keeps the spread at $162/mo. Purchase price stands at $273,500, and rental yield measures 9.21% with $2,100/mo rent. Return on cash invested shows 22.05% in year one, and 5% annual appreciation builds toward $75,563 over five years. Five-year ROI reaches 115.51% and total cumulative return in cash records $104,732. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,100/mo property income covering a $1,339/mo payment rather than investor’s personal income.
Townhouse
Built in 1983
1,036 sqft lot
$N/A/sqft
$344 monthly 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: Cheri Lesiak-Furnell MRP • Keller Williams Partners
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #8387599
Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR Services Corp.