5740 Velvet Ct,Colorado Springs,CO,80918

Investment Highlights

Investment property for sale in Colorado Springs at 5740 Velvet Ct, Colorado Springs, CO, 80918 listed at $450,000 pairs $2,696/mo rent with a $2,203/mo payment to leave $73/mo cash flow. Total monthly income runs $2,696/mo, and annual cash flow reaches $876/yr on $149,175 cash to close. Return on cash invested measures 20.5% in year one, and rental yield registers 7.19% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 105.5% and total cumulative return in cash totals $157,386. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,696/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).