4685 Paramount PlColorado SpringsCO80918
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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 4685 Paramount Pl, Colorado Springs, CO, 80918 listed at $700,000 pairs $3,649/mo rent with a $3,426/mo payment. Total monthly income runs $3,649/mo. Return on cash invested measures 17.63% in year one, and rental yield registers 6.26% at a $700,000 basis. Equity gained on principal adds $4,517/yr, and annual property appreciation at 5% supports $193,397 by year five. Five-year ROI tracks 90.18% and total cumulative return in cash totals $207,688. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,649/mo property income relative to a $3,426/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
10,367 sqft lot
$N/A/sqft
$435 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80918, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,773 (100%) |
| Owner Occupied HU | 11,383 (57.6%) |
| Renter Occupied HU | 7,597 (38.4%) |
| Vacant Housing Units | 793 ( 4.0%) |
| Median Home Value | $481,275 |
| Average Home Value | $562,245 |
Housing Distribution
Address Breakdown
Residential
19,829
Single Family
15,917
Multi-Family
3,912
Businesses
1,649
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Listed by: Carolyn J. Reeves • Reeves Real Estate Llc
Mls Name: Royal Gorge AOR
Mls Provider:
Mls ID: #71447
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