6009 Olympic RdManitou SpringsCO80829
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
Investment property for sale in Manitou Springs at 6009 Olympic Rd, Manitou Springs, CO, 80829 offers a 3.8% rental yield on a $777,000 purchase with $2,460/mo rent. 35% in year one. Equity gained on principal adds $5,014/yr while 5% annual appreciation supports $214,671 over five years. Portfolio math shows five-year ROI at 51.07% and total cumulative return in cash at $130,559. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,460/mo property income against a $3,803/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80829, Manitou Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,872 (100%) |
| Owner Occupied HU | 1,536 (53.5%) |
| Renter Occupied HU | 1,082 (37.7%) |
| Vacant Housing Units | 254 ( 8.8%) |
| Median Home Value | $643,814 |
| Average Home Value | $697,594 |
Housing Distribution
Address Breakdown
Residential
2,833
Single Family
2,532
Multi-Family
301
Businesses
277
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Edward Behr CRS GRI • The Platinum Group
Mls Name: Pikes Peak MLS
Mls ID: #6701070