729 Drew DrColorado SpringsCO80911
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 729 Drew Dr, Colorado Springs, CO, 80911 in Colorado Springs at $424,998 earns $2,674/mo in rent and nets $197/mo after the $1,911/mo payment, a 7.55% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $117,419 over five years. Ziffy Mortgage underwrites this on a 1.40 DSCR without U.S. credit history. With $3,914/yr in principal paydown, total projected return reaches $173,206.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 6.2% |
| Monthly Cash Flow | $197 | $285 |
City averages based on Colorado Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,674 |
| Total Monthly Debt Service | $2,308 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laurie Broccardo • RealtyPro Colorado Brokers
Mls Name: Pikes Peak MLS
Mls ID: #6937150