7611 Crested Jay PointColorado SpringsCO80922
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7611 Crested Jay Point, Colorado Springs, CO, 80922 generates $1,988/mo in rent and, after a $1,273/mo payment, leaves $472/mo in cash flow. Total monthly income is $1,988/mo, and annual cash flow is $5,668/yr on $86,190 invested. Return on cash invested sits at 26.49% in year one, and rental yield is 9.18% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 137.67% and total cumulative return in cash sums $118,661. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,988/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
3,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80922, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,243 (100%) |
| Owner Occupied HU | 8,431 (68.9%) |
| Renter Occupied HU | 3,022 (24.7%) |
| Vacant Housing Units | 790 ( 6.5%) |
| Median Home Value | $457,514 |
| Average Home Value | $495,259 |
Housing Distribution
Address Breakdown
Residential
12,520
Single Family
11,271
Multi-Family
1,249
Businesses
284
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Esty • Essential Realty LLC
Mls Name: Pikes Peak MLS
Mls ID: #7883370