806 Spectrum LoopColorado SpringsCO80921
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 806 Spectrum Loop, Colorado Springs, CO, 80921 offers $3,536/mo rent that, after a $2,873/mo payment, leaves $61/mo cash flow. Total monthly income is $3,536/mo, and annual cash flow is $734/yr on $193,123 cash. Return on cash invested measures 20.44% in year one, and rental yield stands at 7.23% at a $587,000 entry. Equity gained on principal adds $3,788/yr while 5% annual appreciation compounds into $162,177 by year five. Five-year ROI records 105.32% and total cumulative return in cash reaches $203,398. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,536/mo property income versus a $2,873/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
9,600 sqft lot
$N/A/sqft
$54 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Coram • The Cutting Edge
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #2298915
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 or leasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR Services Corp.