7294 Clove Hitch HtsColorado SpringsCO80918
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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 7294 Clove Hitch Hts, Colorado Springs, CO, 80918 listed at $430,060 pairs $2,280/mo rent with a $2,105/mo payment. Total monthly income runs $2,280/mo. Return on cash invested measures 18% in year one, and rental yield registers 6.36% at a $430,060 basis. Equity gained on principal adds $2,775/yr, and annual property appreciation at 5% supports $118,818 by year five. Five-year ROI tracks 92.15% and total cumulative return in cash totals $131,373. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,280/mo property income relative to a $2,105/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2024
912 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80918, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,773 (100%) |
| Owner Occupied HU | 11,383 (57.6%) |
| Renter Occupied HU | 7,597 (38.4%) |
| Vacant Housing Units | 793 ( 4.0%) |
| Median Home Value | $481,275 |
| Average Home Value | $562,245 |
Housing Distribution
Address Breakdown
Residential
19,829
Single Family
15,917
Multi-Family
3,912
Businesses
1,649
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Listed by: Jennifer Boylan GRI • Springs Homes Inc
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #8562579
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