480 W Rockrimmon Blvd UNIT BColorado SpringsCO80919








Nearby investment properties with comparable rents
Nearby investment properties with comparable prices

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 480 W Rockrimmon Blvd UNIT B, Colorado Springs, CO, 80919 offers a 9.39% rental yield on a $279,900 purchase with $2,190/mo rent. Total monthly income registers $2,190/mo, and a $1,370/mo payment leaves $559/mo available for distribution. Annual cash flow reaches $6,705/yr on $92,787 to close, and return on cash invested stands at 27.14% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 141.12% and total cumulative return in cash at $130,945. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,190/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1983
649.04 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Christine Callender CRS RLC • EXIT Realty DTC, Cherry Creek, Pikes Peak
Mls Name: Pikes Peak MLS
Mls ID: #7840325







