6984 Ash Creek Hts APT 204Colorado SpringsCO80922
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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 6984 Ash Creek Hts APT 204, Colorado Springs, CO, 80922 earns $528/mo cash flow from $2,084/mo rent with a $1,307/mo payment. Total monthly income totals $2,084/mo, and annual cash flow totals $6,334/yr on $88,511 capital. ROI tracks 27.06% on current figures, and rental yield reads 9.37% at a $267,000 purchase. Equity gained on principal adds $1,723/yr, and 5% annual appreciation supports $73,767 over five years. Five-year ROI reaches 140.74% and total cumulative return in cash sums $124,567. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,084/mo property income instead of your personal income.
Condo
Built in 2004
662.11 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80922, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,243 (100%) |
| Owner Occupied HU | 8,431 (68.9%) |
| Renter Occupied HU | 3,022 (24.7%) |
| Vacant Housing Units | 790 ( 6.5%) |
| Median Home Value | $457,514 |
| Average Home Value | $495,259 |
Housing Distribution
Address Breakdown
Residential
12,520
Single Family
11,271
Multi-Family
1,249
Businesses
284
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Listed by: Karen Darilek ABR MRP • Redfin Corporation
Mls Name: Pikes Peak MLS
Mls ID: #4269822