7531 Red Fir PointColorado 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
Rental property for sale in Colorado Springs at 7531 Red Fir Point, Colorado Springs, CO, 80908 priced at $375,000 pairs $2,262/mo rent with after a $1,835/mo payment. Total monthly income equals $2,262/mo. Return on cash invested is 18.08% in year one, and rental yield stands at 7.24% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 93.5% and total cumulative return in cash reaches $116,235. For financing, Ziffy Mortgage’s DSCR program evaluates $2,262/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2020
1,550 sqft lot
$N/A/sqft
$240 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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Listed by: Tracy Flannery GRI MRP PPRES SRES • Engel & Voelkers Pikes Peak
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #1372159
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