5970 Faxon CourtColorado SpringsCO80922
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 5970 Faxon Court, Colorado Springs, CO, 80922 in Colorado Springs earns a 8.62% gross yield at $417,000. Rent of $2,996/mo nets $566/mo after the $1,875/mo mortgage. The 1.60 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $115,209 and $3,841/yr in equity accumulation project a total cumulative return of $193,884.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $566 | $285 |
City averages based on Colorado Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,996 |
| Total Monthly Debt Service | $2,264 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1995
3,947 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
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
Single Family
Built in 1995
3,947 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alzira Escobar Pruitt • RE/MAX Real Estate Group Inc
Mls Name: REcolorado
Mls Provider:
Mls ID: #4737646
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