637 Catalina 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
Investment property for sale in Colorado Springs at 637 Catalina Dr, Colorado Springs, CO, 80906 uses $92,489 cash to close to unlock $3,751/yr annual cash flow and $313/mo monthly cash flow. Total monthly income runs $1,939/mo, and a $1,366/mo payment keeps the spread at $313/mo. Purchase price stands at $279,000, and rental yield measures 8.34% with $1,939/mo rent. Return on cash invested shows 23.96% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 124.14% and total cumulative return in cash records $114,811. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,939/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Single Family
Built in 1969
8,581 sqft lot
$N/A/sqft
No 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: Patrick Muldoon • Muldoon Associates Inc
Mls Name: Pikes Peak MLS
Mls ID: #4819733