4880 Artistic CirColorado SpringsCO80917
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
Total monthly income runs $1,830/mo, and a $2,398/mo payment. Purchase price stands at $489,900, and rental yield measures 4.48% with $1,830/mo rent. Return on cash invested shows 12.33% in year one, and 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 61.74% and total cumulative return in cash records $100,265. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,830/mo property income covering a $2,398/mo payment rather than investor’s personal income.
Single Family
Built in 1973
9,801 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ruth King GRI • Century 21 Moore Real Estate
Mls Name: Pikes Peak MLS
Mls ID: #9521662