6510 Spruce AveGreen Mountain FallsCO80819
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 Green Mountain Falls at 6510 Spruce Ave, Green Mountain Falls, CO, 80819 at $695,000 posts ROI 22.73% with $509/mo cash flow from $4,560/mo rent. Total monthly income equals $4,560/mo, and annual cash flow records $6,112/yr on $228,655 to close. Return on cash invested measures 22.73% and rental yield reads 7.87% at the current $695,000. Equity gained on principal adds $4,485/yr, and 5% annual appreciation supports $192,016 by year five. Five-year ROI prints 117.49% and total cumulative return in cash totals $268,650.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,560/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80819, Green Mountain Falls, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 579 (100%) |
| Owner Occupied HU | 284 (49.1%) |
| Renter Occupied HU | 86 (14.9%) |
| Vacant Housing Units | 209 (36.1%) |
| Median Home Value | $610,119 |
| Average Home Value | $673,433 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Greg Ripley • Ibex Realty Group LLC
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #4312779
Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR Services Corp.