5776 Canyon Reserve HtsColorado 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
Rental property for sale in Colorado Springs at 5776 Canyon Reserve Hts, Colorado Springs, CO, 80919 priced at $475,000 converts $2,144/mo rent into after a $2,325/mo obligation. Total monthly income equals $2,144/mo. Return on cash invested prints 15.15% in year one, and rental yield reads 5.42% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 76.85% and total cumulative return in cash sums $121,015. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,144/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Townhouse
Built in 2005
1,176 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: Stephaney Hincy MRP SFR • Real Broker, LLC DBA Real
Mls Name: Pikes Peak MLS
Mls ID: #7783280