623 Grey Eagle Circle SColorado SpringsCO80919
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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
Investment property for sale in Colorado Springs at 623 Grey Eagle Circle S, Colorado Springs, CO, 80919 offers a 5.14% rental yield on a $829,000 purchase with $3,550/mo rent. 42% in year one. Equity gained on principal adds $5,349/yr while 5% annual appreciation supports $229,037 over five years. Portfolio math shows five-year ROI at 72.91% and total cumulative return in cash at $198,856. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,550/mo property income against a $4,058/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
9,988 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80919, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,171 (100%) |
| Owner Occupied HU | 8,472 (69.6%) |
| Renter Occupied HU | 3,233 (26.6%) |
| Vacant Housing Units | 466 ( 3.8%) |
| Median Home Value | $623,275 |
| Average Home Value | $653,723 |
Housing Distribution
Address Breakdown
Residential
12,051
Single Family
10,690
Multi-Family
1,361
Businesses
585
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Listed by: Glen Fishman • MB Glen Fishman
Mls Name: REcolorado
Mls ID: #9089022