777 Saturn Dr UNIT 405Colorado SpringsCO80905
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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 777 Saturn Dr UNIT 405, Colorado Springs, CO, 80905 uses $38,123 cash to close to unlock $2,984/yr annual cash flow and $249/mo monthly cash flow. Total monthly income runs $1,404/mo, and a $563/mo payment keeps the spread at $249/mo. Purchase price stands at $115,000, and rental yield measures 14.65% with $1,404/mo rent. Return on cash invested shows 27.74% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 149.92% and total cumulative return in cash records $57,153. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,404/mo property income covering a $563/mo payment rather than investor’s personal income.
Condo
Built in 1966
N/A lot
$N/A/sqft
$485 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80905, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,182 (100%) |
| Owner Occupied HU | 4,060 (44.2%) |
| Renter Occupied HU | 4,483 (48.8%) |
| Vacant Housing Units | 639 ( 7.0%) |
| Median Home Value | $466,107 |
| Average Home Value | $497,446 |
Housing Distribution
Address Breakdown
Residential
8,501
Single Family
6,308
Multi-Family
2,193
Businesses
647
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Listed by: Mike Ockert MRP • Exp Realty LLC
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #8963528
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