5930 Nester WayColorado SpringsCO80922
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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 5930 Nester Way, Colorado Springs, CO, 80922 generates $2,870/mo in rent and, after a $2,247/mo payment, leaves $195/mo in cash flow. Total monthly income is $2,870/mo, and annual cash flow is $2,335/yr on $152,159 invested. Return on cash invested sits at 21.44% in year one, and rental yield is 7.5% on a $459,000 entry. Equity gained on principal adds $2,962/yr, while 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 110.59% and total cumulative return in cash sums $168,275. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,870/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
10,149 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80922, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,243 (100%) |
| Owner Occupied HU | 8,431 (68.9%) |
| Renter Occupied HU | 3,022 (24.7%) |
| Vacant Housing Units | 790 ( 6.5%) |
| Median Home Value | $457,514 |
| Average Home Value | $495,259 |
Housing Distribution
Address Breakdown
Residential
12,520
Single Family
11,271
Multi-Family
1,249
Businesses
284
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Listed by: Latisha Adams • Equity Edge Realty, Inc.
Mls Name: PAR
Mls Provider:
Mls ID: #234282
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.