4975 Elm Grove DrColorado SpringsCO80911
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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
Rental property for sale in Colorado Springs at 4975 Elm Grove Dr, Colorado Springs, CO, 80911 priced at $241,000 pairs $2,410/mo rent with $890/mo cash flow after a $1,180/mo payment. Total monthly income equals $2,410/mo, and annual cash flow comes to $10,681/yr on $79,892 invested. Return on cash invested is 33.28% in year one, and rental yield stands at 12% on a $241,000 basis. Equity gained on principal adds $1,555/yr, and 5% annual appreciation accumulates to $66,584 by year five. Five-year ROI measures 174.75% and total cumulative return in cash reaches $139,612. For financing, Ziffy Mortgage’s DSCR program evaluates $2,410/mo property income against a $1,180/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1986
1,521 sqft lot
$N/A/sqft
$115 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80911, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,283 (100%) |
| Owner Occupied HU | 9,460 (77.0%) |
| Renter Occupied HU | 2,291 (18.7%) |
| Vacant Housing Units | 532 ( 4.3%) |
| Median Home Value | $433,182 |
| Average Home Value | $486,684 |
Housing Distribution
Address Breakdown
Residential
12,102
Single Family
11,873
Multi-Family
229
Businesses
219
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Listed by: Iris Burton MRP • Real Broker, LLC DBA Real
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #7789847
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