7045 Sproul LnColorado SpringsCO80918
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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 7045 Sproul Ln, Colorado Springs, CO, 80918 uses $137,573 cash to close to unlock $4,796/yr annual cash flow and $400/mo monthly cash flow. Total monthly income runs $2,818/mo, and a $2,031/mo payment keeps the spread at $400/mo. Purchase price stands at $415,000, and rental yield measures 8.15% with $2,818/mo rent. Return on cash invested shows 23.4% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 121.07% and total cumulative return in cash records $166,557. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,818/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 1988
5,993 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80918, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,773 (100%) |
| Owner Occupied HU | 11,383 (57.6%) |
| Renter Occupied HU | 7,597 (38.4%) |
| Vacant Housing Units | 793 ( 4.0%) |
| Median Home Value | $481,275 |
| Average Home Value | $562,245 |
Housing Distribution
Address Breakdown
Residential
19,829
Single Family
15,917
Multi-Family
3,912
Businesses
1,649
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Listed by: Jessica Laude • The Colorado Springs Group Inc
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #2699115
Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR Services Corp.