504 Shady Crest CirColorado SpringsCO80916
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 504 Shady Crest Cir, Colorado Springs, CO, 80916 in Colorado Springs, $233,769, 8.69% gross yield, $70/mo net income. Consider it a market-entry position, the $1,692/mo rent covers the $1,051/mo payment with a margin, and 5%/yr appreciation is projected to add $64,586 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.61) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $93,912.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.2% |
| Monthly Cash Flow | $70 | $285 |
City averages based on Colorado Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,692 |
| Total Monthly Debt Service | $1,529 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1984
497 sqft lot
$N/A/sqft
$260 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80916, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,222 (100%) |
| Owner Occupied HU | 8,003 (52.6%) |
| Renter Occupied HU | 6,622 (43.5%) |
| Vacant Housing Units | 597 ( 3.9%) |
| Median Home Value | $318,022 |
| Average Home Value | $344,349 |
Housing Distribution
Address Breakdown
Residential
15,603
Single Family
12,869
Multi-Family
2,734
Businesses
609
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
Townhouse
Built in 1984
497 sqft lot
$N/A/sqft
$260 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80916, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,222 (100%) |
| Owner Occupied HU | 8,003 (52.6%) |
| Renter Occupied HU | 6,622 (43.5%) |
| Vacant Housing Units | 597 ( 3.9%) |
| Median Home Value | $318,022 |
| Average Home Value | $344,349 |
Housing Distribution
Address Breakdown
Residential
15,603
Single Family
12,869
Multi-Family
2,734
Businesses
609
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alec Brunk • MB-Brunk and Brunk Inc
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #1286921
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