7243 Halex GrvColorado SpringsCO80928
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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
Total monthly income runs $1,854/mo, and a $2,570/mo payment. Purchase price stands at $525,000, and rental yield measures 4.24% with $1,854/mo rent. Return on cash invested shows 11.59% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 57.76% and total cumulative return in cash records $99,765. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,854/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Manufactured
Built in 2023
35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80928, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 448 (100%) |
| Owner Occupied HU | 315 (70.3%) |
| Renter Occupied HU | 102 (22.8%) |
| Vacant Housing Units | 31 ( 6.9%) |
| Median Home Value | $375,000 |
| Average Home Value | $390,206 |
Housing Distribution
Address Breakdown
Residential
456
Single Family
456
Multi-Family
0
Businesses
3
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Listed by: Sandra Lehmann • Muldoon Associates Inc
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #2166776
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