411 Lakewood Cir APT A1101Colorado SpringsCO80910
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 411 Lakewood Cir APT A1101, Colorado Springs, CO, 80910 offers a 9.36% rental yield on a $189,000 purchase with $1,474/mo rent. 11% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 56% and total cumulative return in cash at $35,086. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,474/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1969
0.02 sqft lot
$N/A/sqft
$884 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80910, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,937 (100%) |
| Owner Occupied HU | 5,679 (40.7%) |
| Renter Occupied HU | 7,488 (53.7%) |
| Vacant Housing Units | 770 ( 5.5%) |
| Median Home Value | $353,343 |
| Average Home Value | $395,016 |
Housing Distribution
Address Breakdown
Residential
13,427
Single Family
10,496
Multi-Family
2,931
Businesses
634
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Arthur Debrito SFR • Coldwell Banker Realty
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #5347532
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.