716-718 W Madison StColorado 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
Investment property for sale in Colorado Springs at 716-718 W Madison St, Colorado Springs, CO, 80907 earns from $2,248/mo rent with a $2,594/mo payment. Total monthly income totals $2,248/mo. ROI tracks 14.27% on current figures, and rental yield reads 5.09% at a $530,000 purchase. Equity gained on principal adds $3,420/yr, and 5% annual appreciation supports $146,429 over five years. Five-year ROI reaches 72.13% and total cumulative return in cash sums $125,779. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,248/mo property income instead of your personal income.
Multi Family
Built in 1939
8,001 sqft lot
$N/A/sqft
No 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: Caleb Skelton • Buy Smart Colorado
Mls Name: Pikes Peak MLS
Mls ID: #6643556