5029 Secota LnColorado SpringsCO80917
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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 5029 Secota Ln, Colorado Springs, CO, 80917 earns from $1,619/mo rent with a $1,615/mo payment. Total monthly income totals $1,619/mo. ROI tracks 16.57% on current figures, and rental yield reads 5.89% at a $330,000 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 over five years. Five-year ROI reaches 84.47% and total cumulative return in cash sums $92,411. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,619/mo property income instead of your personal income.
Condo
Built in 1975
1,132 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
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Listed by: Dave Robbins CRS GREEN GRI • REMAX PROPERTIES
Mls Name: Pikes Peak MLS
Mls ID: #7988102