4195 Shelbe CourtColorado SpringsCO80911
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
Rental property for sale in Colorado Springs at 4195 Shelbe Court, Colorado Springs, CO, 80911 priced at $399,900 converts $2,651/mo rent into $321/mo cash flow after a $1,957/mo obligation. Total monthly income equals $2,651/mo, and annual cash flow totals $3,849/yr on $132,567 invested. Return on cash invested prints 22.81% in year one, and rental yield reads 7.95% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 117.94% and total cumulative return in cash sums $156,344. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,651/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 1999
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80911, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,283 (100%) |
| Owner Occupied HU | 9,460 (77.0%) |
| Renter Occupied HU | 2,291 (18.7%) |
| Vacant Housing Units | 532 ( 4.3%) |
| Median Home Value | $433,182 |
| Average Home Value | $486,684 |
Housing Distribution
Address Breakdown
Residential
12,102
Single Family
11,873
Multi-Family
229
Businesses
219
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephen Hachey • Flat Fee MLS Realty
Mls Name: REcolorado
Mls Provider:
Mls ID: #7409482
Disclaimer: 2023 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/info/mls-disclaimers/#17059)