460 Rolling Hills Dr #32Colorado SpringsCO80919
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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 460 Rolling Hills Dr #32, Colorado Springs, CO, 80919 uses $92,489 cash to close to unlock $3,679/yr annual cash flow and $307/mo monthly cash flow. Total monthly income runs $1,933/mo, and a $1,366/mo payment keeps the spread at $307/mo. Purchase price stands at $279,000, and rental yield measures 8.31% with $1,933/mo rent. Return on cash invested shows 23.89% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 123.72% and total cumulative return in cash records $114,427. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,933/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Condo
Built in 1982
792.79 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80919, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,171 (100%) |
| Owner Occupied HU | 8,472 (69.6%) |
| Renter Occupied HU | 3,233 (26.6%) |
| Vacant Housing Units | 466 ( 3.8%) |
| Median Home Value | $623,275 |
| Average Home Value | $653,723 |
Housing Distribution
Address Breakdown
Residential
12,051
Single Family
10,690
Multi-Family
1,361
Businesses
585
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Listed by: Kathi Philpot MRP • Century 21 Dream Home
Mls Name: Pikes Peak MLS
Mls ID: #7366050