659 Glen Eyrie CirColorado SpringsCO80904
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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 659 Glen Eyrie Cir, Colorado Springs, CO, 80904 priced at $443,000 pairs $3,569/mo rent with $988/mo cash flow after a $2,168/mo payment. Total monthly income equals $3,569/mo, and annual cash flow comes to $11,850/yr on $146,855 invested. Return on cash invested is 27.98% in year one, and rental yield stands at 9.67% on a $443,000 basis. Equity gained on principal adds $2,859/yr, and 5% annual appreciation accumulates to $122,393 by year five. Five-year ROI measures 145.65% and total cumulative return in cash reaches $213,892. For financing, Ziffy Mortgage’s DSCR program evaluates $3,569/mo property income against a $2,168/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
9,430 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80904, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,295 (100%) |
| Owner Occupied HU | 5,756 (51.0%) |
| Renter Occupied HU | 4,554 (40.3%) |
| Vacant Housing Units | 985 ( 8.7%) |
| Median Home Value | $570,715 |
| Average Home Value | $629,491 |
Housing Distribution
Address Breakdown
Residential
10,765
Single Family
9,323
Multi-Family
1,442
Businesses
839
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Listed by: Liz Snow-Wheeler • The Cutting Edge
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #8178117
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