535 Silver Spring CirColorado SpringsCO80919
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
Investment property for sale in Colorado Springs at 535 Silver Spring Cir, Colorado Springs, CO, 80919 with 5% annual appreciation on a $629,000 basis while $3,780/mo rent supports operations. Total monthly income totals $3,780/mo and a $3,079/mo payment preserves $114/mo for cash returns. Annual cash flow comes to $1,367/yr on $206,941 deployed, and return on cash invested reaches 20.72% in year one. Equity gained on principal adds $4,059/yr, and five-year appreciation sums $173,781 alongside rental yield of 7.21%. Five-year ROI measures 106.68% and total cumulative return in cash totals $220,761.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,780/mo property income versus a $3,079/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
9,147 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denice Niethammer • The Resource Group
Mls Name: Pikes Peak MLS
Mls ID: #7518775