729 Drew DrColorado SpringsCO80911
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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 729 Drew Dr, Colorado Springs, CO, 80911 with 5% annual appreciation on a $424,998 basis while $2,674/mo rent supports operations. Total monthly income totals $2,674/mo and a $2,080/mo payment preserves $197/mo for cash returns. Annual cash flow comes to $2,368/yr on $140,887 deployed, and return on cash invested reaches 21.59% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,419 alongside rental yield of 7.55%. Five-year ROI measures 111.39% and total cumulative return in cash totals $156,940.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,674/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
10,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80911, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,283 (100%) |
| Owner Occupied HU | 9,460 (77.0%) |
| Renter Occupied HU | 2,291 (18.7%) |
| Vacant Housing Units | 532 ( 4.3%) |
| Median Home Value | $433,182 |
| Average Home Value | $486,684 |
Housing Distribution
Address Breakdown
Residential
12,102
Single Family
11,873
Multi-Family
229
Businesses
219
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Listed by: Laurie Broccardo • RealtyPro Colorado Brokers
Mls Name: Pikes Peak MLS
Mls ID: #6937150