5742 Creekwood CtColorado SpringsCO80918
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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
Rental property for sale in Colorado Springs at 5742 Creekwood Ct, Colorado Springs, CO, 80918 priced at $620,000 pairs $2,645/mo rent with after a $3,035/mo payment. Total monthly income equals $2,645/mo. Return on cash invested is 13.11% in year one, and rental yield stands at 5.12% on a $620,000 basis. Equity gained on principal adds $4,001/yr, and 5% annual appreciation accumulates to $171,295 by year five. Five-year ROI measures 66.33% and total cumulative return in cash reaches $135,303. For financing, Ziffy Mortgage’s DSCR program evaluates $2,645/mo property income against a $3,035/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
9,295 sqft lot
$N/A/sqft
$213 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80918, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,773 (100%) |
| Owner Occupied HU | 11,383 (57.6%) |
| Renter Occupied HU | 7,597 (38.4%) |
| Vacant Housing Units | 793 ( 4.0%) |
| Median Home Value | $481,275 |
| Average Home Value | $562,245 |
Housing Distribution
Address Breakdown
Residential
19,829
Single Family
15,917
Multi-Family
3,912
Businesses
1,649
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Listed by: Vonnetta Johnson REOS SFR • Your Castle Real Estate LLC
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #4458595
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