710 Paradise LnColorado SpringsCO80904
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 710 Paradise Ln, Colorado Springs, CO, 80904 in Colorado Springs at $425,000 earns $2,558/mo in rent and nets $82/mo after the $1,911/mo payment, a 7.22% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $117,420 over five years. Ziffy Mortgage underwrites this on a 1.34 DSCR without U.S. credit history. With $3,914/yr in principal paydown, total projected return reaches $165,743.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.2% |
| Monthly Cash Flow | $82 | $285 |
City averages based on Colorado Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,558 |
| Total Monthly Debt Service | $2,308 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1970
6,499 sqft 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
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
Single Family
Built in 1970
6,499 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristin Scalva MRP • RE/MAX Advantage Realty, Inc.
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #7702060
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