4338 Alder Springs VwColorado SpringsCO80922
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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 4338 Alder Springs Vw, Colorado Springs, CO, 80922 generates $2,440/mo in rent, after a $1,917/mo payment. Total monthly income is $2,440/mo. Return on cash invested sits at 19.33% in year one, and rental yield is 7.48% on a $391,600 entry. Equity gained on principal adds $2,527/yr, while 5% annual appreciation builds toward $108,192 over five years. Five-year ROI reaches 100.01% and total cumulative return in cash sums $129,835. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,440/mo property income rather than buyer’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$220 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
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Listed by: N/A • N/A
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