3927 Riviera Grv APT 202Colorado SpringsCO80922
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 3927 Riviera Grv APT 202, Colorado Springs, CO, 80922 earns $259/mo cash flow from $2,449/mo rent with a $1,498/mo payment. Total monthly income totals $2,449/mo, and annual cash flow totals $3,113/yr on $101,439 capital. ROI tracks 22.98% on current figures, and rental yield reads 9.6% at a $306,000 purchase. Equity gained on principal adds $1,975/yr, and 5% annual appreciation supports $84,542 over five years. Five-year ROI reaches 120.58% and total cumulative return in cash sums $122,316. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,449/mo property income instead of your personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
$406 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise Olson ABR MRP SRES • Realty One Group Apex
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #7421587
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.