6041 Leon Young DrColorado SpringsCO80924
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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 6041 Leon Young Dr, Colorado Springs, CO, 80924 priced at $589,000 converts $3,644/mo rent into $122/mo cash flow after a $2,883/mo obligation. Total monthly income equals $3,644/mo, and annual cash flow totals $1,460/yr on $193,781 invested. Return on cash invested prints 20.81% in year one, and rental yield reads 7.42% against a $589,000 entry. Equity gained on principal adds $3,801/yr, while 5% annual appreciation compiles into $162,730 by year five. Five-year ROI reaches 107.39% and total cumulative return in cash sums $208,106. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,644/mo property income covering a $2,883/mo payment, not borrower’s personal income.
Single Family
Built in 2012
5,662 sqft lot
$N/A/sqft
$40 monthly HOA
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Listed by: Jenny Cevik • Engel & Voelkers Pikes Peak
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #7573751
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