711 Little Bear GrvColorado SpringsCO80907
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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
Rental property for sale in Colorado Springs at 711 Little Bear Grv, Colorado Springs, CO, 80907 priced at $553,150 converts $1,794/mo rent into after a $2,707/mo obligation. Total monthly income equals $1,794/mo. Return on cash invested prints 8.88% in year one, and rental yield reads 3.89% against a $553,150 entry. Equity gained on principal adds $3,569/yr, while 5% annual appreciation compiles into $152,825 by year five. Five-year ROI reaches 43.84% and total cumulative return in cash sums $79,779. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,794/mo property income covering a $2,707/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
2,025 sqft lot
$N/A/sqft
$266 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80907, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,636 (100%) |
| Owner Occupied HU | 7,351 (50.2%) |
| Renter Occupied HU | 6,489 (44.3%) |
| Vacant Housing Units | 796 ( 5.4%) |
| Median Home Value | $479,361 |
| Average Home Value | $580,629 |
Housing Distribution
Address Breakdown
Residential
13,459
Single Family
11,403
Multi-Family
2,056
Businesses
1,790
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Listed by: Jake Gans • RE/MAX Properties Inc.
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #9126376
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