786 Grissom DrColorado SpringsCO80915
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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 786 Grissom Dr, Colorado Springs, CO, 80915 listed at $429,000 pairs $2,806/mo rent with a $2,100/mo payment to leave $241/mo cash flow. Total monthly income runs $2,806/mo, and annual cash flow reaches $2,887/yr on $142,214 cash to close. Return on cash invested measures 21.94% in year one, and rental yield registers 7.85% at a $429,000 basis. Equity gained on principal adds $2,768/yr, and annual property appreciation at 5% supports $118,525 by year five. Five-year ROI tracks 113.46% and total cumulative return in cash totals $161,353. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,806/mo property income relative to a $2,100/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
3,484 sqft lot
$N/A/sqft
$30 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80915, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,702 (100%) |
| Owner Occupied HU | 5,806 (59.8%) |
| Renter Occupied HU | 3,280 (33.8%) |
| Vacant Housing Units | 616 ( 6.3%) |
| Median Home Value | $423,486 |
| Average Home Value | $490,589 |
Housing Distribution
Address Breakdown
Residential
9,699
Single Family
8,166
Multi-Family
1,533
Businesses
967
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Nearby investment properties with comparable prices
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