7148 Red Cardinal LoopColorado SpringsCO80908
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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 7148 Red Cardinal Loop, Colorado Springs, CO, 80908 offers a 7.18% rental yield on a $470,000 purchase with $2,813/mo rent. Total monthly income registers $2,813/mo, and a $2,300/mo payment leaves $16/mo available for distribution. Annual cash flow reaches $195/yr on $155,805 to close, and return on cash invested stands at 20.03% in year one. Equity gained on principal adds $3,033/yr while 5% annual appreciation supports $129,852 over five years. Portfolio math shows five-year ROI at 103.21% and total cumulative return in cash at $160,809. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,813/mo property income against a $2,300/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
6,969 sqft lot
$N/A/sqft
$65 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80908, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,294 (100%) |
| Owner Occupied HU | 8,900 (86.5%) |
| Renter Occupied HU | 902 ( 8.8%) |
| Vacant Housing Units | 492 ( 4.8%) |
| Median Home Value | $710,830 |
| Average Home Value | $783,617 |
Housing Distribution
Address Breakdown
Residential
9,797
Single Family
9,414
Multi-Family
383
Businesses
239
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Listed by: Bryce O'Brien MRP • Real Broker, LLC DBA Real
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #6902610
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