6060 Buttermere DrColorado SpringsCO80906
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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 6060 Buttermere Dr, Colorado Springs, CO, 80906 offers $3,034/mo rent that, after a $8,541/mo payment. Total monthly income is $3,034/mo. Return on cash invested measures 5.17% in year one, and rental yield stands at 2.09% at a $1,745,000 entry. Equity gained on principal adds $11,260/yr while 5% annual appreciation compounds into $482,111 by year five. Five-year ROI records 23.25% and total cumulative return in cash reaches $131,459. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,034/mo property income versus a $8,541/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.53 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80906, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,829 (100%) |
| Owner Occupied HU | 9,253 (55.0%) |
| Renter Occupied HU | 6,380 (37.9%) |
| Vacant Housing Units | 1,196 ( 7.1%) |
| Median Home Value | $632,553 |
| Average Home Value | $699,557 |
Housing Distribution
Address Breakdown
Residential
16,320
Single Family
13,580
Multi-Family
2,740
Businesses
788
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Listed by: Dianna Doyle CDPE • RE/MAX Real Estate Group LLC
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #8098022
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