412 Cobblestone DrColorado 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 412 Cobblestone Dr, Colorado Springs, CO, 80906 offers a 8.67% rental yield on a $324,000 purchase with $2,342/mo rent. 23% in year one. Equity gained on principal adds $2,091/yr while 5% annual appreciation supports $89,515 over five years. Portfolio math shows five-year ROI at 90.84% and total cumulative return in cash at $97,571. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,342/mo property income against a $1,586/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1979
1,001 sqft lot
$N/A/sqft
$693 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: Tara Jones • Opendoor Brokerage LLC
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #6865178
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.