7385 Clovis WayColorado SpringsCO80908
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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 7385 Clovis Way, Colorado Springs, CO, 80908 listed at $879,375 pairs $5,034/mo rent with a $4,304/mo payment. Total monthly income runs $5,034/mo. Return on cash invested measures 19.6% in year one, and rental yield registers 6.87% at a $879,375 basis. Equity gained on principal adds $5,674/yr, and annual property appreciation at 5% supports $242,955 by year five. Five-year ROI tracks 100.7% and total cumulative return in cash totals $291,328. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,034/mo property income relative to a $4,304/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
5.32 Acres lot
$N/A/sqft
$21 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80908, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,294 (100%) |
| Owner Occupied HU | 8,900 (86.5%) |
| Renter Occupied HU | 902 ( 8.8%) |
| Vacant Housing Units | 492 ( 4.8%) |
| Median Home Value | $710,830 |
| Average Home Value | $783,617 |
Housing Distribution
Address Breakdown
Residential
9,797
Single Family
9,414
Multi-Family
383
Businesses
239
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