57 N Ely StreetColorado SpringsCO80911
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
Rental property for sale in Colorado Springs at 57 N Ely Street, Colorado Springs, CO, 80911 offers $2,335/mo rent that, after a $1,090/mo payment, leaves $1,025/mo cash flow. Total monthly income is $2,335/mo, and annual cash flow is $12,300/yr on $73,858 cash. Return on cash invested measures 36.56% in year one, and rental yield stands at 12.58% at a $222,799 entry. Equity gained on principal adds $1,438/yr while 5% annual appreciation compounds into $61,555 by year five. Five-year ROI records 191.72% and total cumulative return in cash reaches $141,602. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,335/mo property income versus a $1,090/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
6,534 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Ferri • Atlas Real Estate Group
Mls Name: REcolorado
Mls Provider:
Mls ID: #2605991
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/mls-disclaimers/#17059)