702 Crown Ridge DrColorado 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
Investment property for sale in Colorado Springs at 702 Crown Ridge Dr, Colorado Springs, CO, 80904 with 5% annual appreciation on a $787,000 basis while $3,366/mo rent supports operations. 4% in year one. Equity gained on principal adds $5,078/yr, and five-year appreciation sums $217,434 alongside rental yield of 5.13%. Five-year ROI measures 72.82% and total cumulative return in cash totals $188,538. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,366/mo property income versus a $3,852/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1966
0.28 Acres 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: Ryan Moberly MRP • Exp Realty LLC
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #7250497
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