7777 Salt Fork DrColorado SpringsCO80908
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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 7777 Salt Fork Dr, Colorado Springs, CO, 80908 priced at $466,900 pairs $3,114/mo rent with $298/mo cash flow after a $2,285/mo payment. Total monthly income equals $3,114/mo, and annual cash flow comes to $3,579/yr on $154,777 invested. Return on cash invested is 22.22% in year one, and rental yield stands at 8% on a $466,900 basis. Equity gained on principal adds $3,013/yr, and 5% annual appreciation accumulates to $128,996 by year five. Five-year ROI measures 115.05% and total cumulative return in cash reaches $178,076. For financing, Ziffy Mortgage’s DSCR program evaluates $3,114/mo property income against a $2,285/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
3,676 sqft lot
$N/A/sqft
$95 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: Thomas Ullrich • RE/MAX Professionals
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #4565338
Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR Services Corp.