4431 Songglen CirColorado SpringsCO80906
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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
Investment property for sale in Colorado Springs at 4431 Songglen Cir, Colorado Springs, CO, 80906 earns $427/mo cash flow from $3,163/mo rent with a $2,046/mo payment. Total monthly income totals $3,163/mo, and annual cash flow totals $5,122/yr on $138,567 capital. ROI tracks 23.61% on current figures, and rental yield reads 9.08% at a $418,000 purchase. Equity gained on principal adds $2,697/yr, and 5% annual appreciation supports $115,486 over five years. Five-year ROI reaches 123.13% and total cumulative return in cash sums $170,619. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,163/mo property income instead of your personal income.
Condo
Built in 1996
4,826 sqft lot
$N/A/sqft
$300 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
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