6841 Red Cardinal LoopColorado SpringsCO80908
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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 6841 Red Cardinal Loop, Colorado Springs, CO, 80908 listed at $472,500 pairs $3,114/mo rent with a $2,313/mo payment to leave $297/mo cash flow. Total monthly income runs $3,114/mo, and annual cash flow reaches $3,568/yr on $156,634 cash to close. Return on cash invested measures 22.19% in year one, and rental yield registers 7.91% at a $472,500 basis. Equity gained on principal adds $3,049/yr, and annual property appreciation at 5% supports $130,543 by year five. Five-year ROI tracks 114.77% and total cumulative return in cash totals $179,774. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,114/mo property income relative to a $2,313/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2013
7,167 sqft lot
$N/A/sqft
$71 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80908, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,294 (100%) |
| Owner Occupied HU | 8,900 (86.5%) |
| Renter Occupied HU | 902 ( 8.8%) |
| Vacant Housing Units | 492 ( 4.8%) |
| Median Home Value | $710,830 |
| Average Home Value | $783,617 |
Housing Distribution
Address Breakdown
Residential
9,797
Single Family
9,414
Multi-Family
383
Businesses
239
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Listed by: Christina Dunfee CNE CRS GRI MRP SFR • Exp Realty LLC
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #3130680
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