6836 Overland DrColorado SpringsCO80919
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
Rental property for sale in Colorado Springs at 6836 Overland Dr, Colorado Springs, CO, 80919 generates $1,933/mo in rent and, after a $1,282/mo payment, leaves $406/mo in cash flow. Total monthly income is $1,933/mo, and annual cash flow is $4,878/yr on $86,853 invested. Return on cash invested sits at 25.52% in year one, and rental yield is 8.85% on a $262,000 entry. Equity gained on principal adds $1,691/yr, while 5% annual appreciation builds toward $72,386 over five years. Five-year ROI reaches 132.51% and total cumulative return in cash sums $115,089. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,933/mo property income rather than buyer’s personal income.
Condo
Built in 1982
509.65 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elena Merkley • HomeSmart
Mls Name: Pikes Peak MLS
Mls ID: #4059294