734 E San Miguel StColorado SpringsCO80903
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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
Rental property for sale in Colorado Springs at 734 E San Miguel St, Colorado Springs, CO, 80903 offers $2,340/mo rent that, after a $2,437/mo payment. Total monthly income is $2,340/mo. Return on cash invested measures 15.83% in year one, and rental yield stands at 5.64% at a $498,000 entry. Equity gained on principal adds $3,214/yr while 5% annual appreciation compounds into $137,588 by year five. Five-year ROI records 80.48% and total cumulative return in cash reaches $132,868. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,340/mo property income versus a $2,437/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
3,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80903, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,675 (100%) |
| Owner Occupied HU | 2,645 (27.3%) |
| Renter Occupied HU | 5,187 (53.6%) |
| Vacant Housing Units | 1,843 (19.0%) |
| Median Home Value | $512,438 |
| Average Home Value | $566,039 |
Housing Distribution
Address Breakdown
Residential
7,527
Single Family
5,875
Multi-Family
1,652
Businesses
1,867
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Listed by: Chris Culp GRI • The Cutting Edge
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #2881708
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