4525 N Carefree Cir APT AColorado SpringsCO80917
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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 4525 N Carefree Cir APT A, Colorado Springs, CO, 80917 offers $1,619/mo rent that, after a $950/mo payment, leaves $143/mo cash flow. Total monthly income is $1,619/mo, and annual cash flow is $1,715/yr on $64,311 cash. Return on cash invested measures 22.58% in year one, and rental yield stands at 10.01% at a $194,000 entry. Equity gained on principal adds $1,252/yr while 5% annual appreciation compounds into $53,599 by year five. Five-year ROI records 119% and total cumulative return in cash reaches $76,532. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,619/mo property income versus a $950/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1972
431.24 sqft lot
$N/A/sqft
$345 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80917, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,977 (100%) |
| Owner Occupied HU | 7,367 (52.7%) |
| Renter Occupied HU | 5,971 (42.7%) |
| Vacant Housing Units | 639 ( 4.6%) |
| Median Home Value | $435,250 |
| Average Home Value | $485,594 |
Housing Distribution
Address Breakdown
Residential
13,327
Single Family
11,286
Multi-Family
2,041
Businesses
554
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Listed by: Douglas Karges • RE/MAX Properties Inc
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #2494452
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