3944 N Nevada AveColorado SpringsCO80907
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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 3944 N Nevada Ave, Colorado Springs, CO, 80907 priced at $1,200,000 pairs $2,331/mo rent with after a $5,873/mo payment. Total monthly income equals $2,331/mo. Return on cash invested is 5.98% in year one, and rental yield stands at 2.33% on a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and 5% annual appreciation accumulates to $331,538 by year five. Five-year ROI measures 27.56% and total cumulative return in cash reaches $107,171. For financing, Ziffy Mortgage’s DSCR program evaluates $2,331/mo property income against a $5,873/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1984
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80907, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,636 (100%) |
| Owner Occupied HU | 7,351 (50.2%) |
| Renter Occupied HU | 6,489 (44.3%) |
| Vacant Housing Units | 796 ( 5.4%) |
| Median Home Value | $479,361 |
| Average Home Value | $580,629 |
Housing Distribution
Address Breakdown
Residential
13,459
Single Family
11,403
Multi-Family
2,056
Businesses
1,790
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Listed by: Viveya Filimonchuk • Acquire Homes Inc
Mls Name: Pikes Peak MLS
Mls ID: #7354718