5375 Babcock CtColorado SpringsCO80915
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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 5375 Babcock Ct, Colorado Springs, CO, 80915 offers a 5.53% rental yield on a $486,900 purchase with $2,244/mo rent. 5% in year one. Equity gained on principal adds $3,142/yr while 5% annual appreciation supports $134,521 over five years. Portfolio math shows five-year ROI at 78.72% and total cumulative return in cash at $127,055. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,244/mo property income against a $2,383/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
10,598 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80915, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,702 (100%) |
| Owner Occupied HU | 5,806 (59.8%) |
| Renter Occupied HU | 3,280 (33.8%) |
| Vacant Housing Units | 616 ( 6.3%) |
| Median Home Value | $423,486 |
| Average Home Value | $490,589 |
Housing Distribution
Address Breakdown
Residential
9,699
Single Family
8,166
Multi-Family
1,533
Businesses
967
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Listed by: Holly Bombria ABR AHWD • RE/MAX Properties Inc
Mls Name: Pikes Peak MLS
Mls ID: #9966641