5860 Canyon Reserve HtsColorado SpringsCO80919
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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 5860 Canyon Reserve Hts, Colorado Springs, CO, 80919 generates $2,717/mo in rent, after a $2,532/mo payment. Total monthly income is $2,717/mo. Return on cash invested sits at 17.96% in year one, and rental yield is 6.3% on a $517,300 entry. Equity gained on principal adds $3,338/yr, while 5% annual appreciation builds toward $142,920 over five years. Five-year ROI reaches 91.9% and total cumulative return in cash sums $156,411. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,717/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
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
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Listed by: N/A • N/A
Mls Name: EXIT Realty broker feed
Mls ID: #3018309