6317 Village LnColorado SpringsCO80918
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 Colorado Springs at 6317 Village Ln, Colorado Springs, CO, 80918 offers a 11.1% rental yield on a $152,500 purchase with $1,410/mo rent. Total monthly income registers $1,410/mo, and a $746/mo payment leaves $522/mo available for distribution. Annual cash flow reaches $6,260/yr on $50,554 to close, and return on cash invested stands at 32.29% in year one. Equity gained on principal adds $984/yr while 5% annual appreciation supports $42,133 over five years. Portfolio math shows five-year ROI at 168.77% and total cumulative return in cash at $85,319. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,410/mo property income against a $746/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
291.85 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80918, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,773 (100%) |
| Owner Occupied HU | 11,383 (57.6%) |
| Renter Occupied HU | 7,597 (38.4%) |
| Vacant Housing Units | 793 ( 4.0%) |
| Median Home Value | $481,275 |
| Average Home Value | $562,245 |
Housing Distribution
Address Breakdown
Residential
19,829
Single Family
15,917
Multi-Family
3,912
Businesses
1,649
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Willie Bridgeforth GRI MRP REOS • Merit Company Inc
Mls Name: Pikes Peak MLS
Mls ID: #3691529