496 W Rockrimmon Blvd UNIT EColorado 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 496 W Rockrimmon Blvd UNIT E, Colorado Springs, CO, 80919 listed at $274,750 pairs $1,933/mo rent with a $1,345/mo payment to leave $332/mo cash flow. Total monthly income runs $1,933/mo, and annual cash flow reaches $3,979/yr on $91,080 cash to close. Return on cash invested measures 24.28% in year one, and rental yield registers 8.44% at a $274,750 basis. Equity gained on principal adds $1,773/yr, and annual property appreciation at 5% supports $75,908 by year five. Five-year ROI tracks 125.82% and total cumulative return in cash totals $114,592. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,933/mo property income relative to a $1,345/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
653.40 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: Nathan Fisk • Exp Realty LLC
Mls Name: Pikes Peak MLS
Mls ID: #8712469