7534 Picacho CtColorado SpringsCO80920
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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 7534 Picacho Ct, Colorado Springs, CO, 80920 uses $99,417 cash to close to unlock $10,417/yr annual cash flow and $868/mo monthly cash flow. Total monthly income runs $2,616/mo, and a $1,468/mo payment keeps the spread at $868/mo. Purchase price stands at $299,900, and rental yield measures 10.47% with $2,616/mo rent. Return on cash invested shows 30.39% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 158.6% and total cumulative return in cash records $157,672. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,616/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Townhouse
Built in 1986
2,117 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80920, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,640 (100%) |
| Owner Occupied HU | 9,892 (63.2%) |
| Renter Occupied HU | 5,196 (33.2%) |
| Vacant Housing Units | 552 ( 3.5%) |
| Median Home Value | $533,256 |
| Average Home Value | $576,502 |
Housing Distribution
Address Breakdown
Residential
15,525
Single Family
13,075
Multi-Family
2,450
Businesses
1,302
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Listed by: Barbara Hagar • Galvan and Gardner Real Estate Group, Inc.
Mls Name: Pikes Peak MLS
Mls ID: #1871225