815 Riverview LnColorado SpringsCO80916
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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
Rental property for sale in Colorado Springs at 815 Riverview Ln, Colorado Springs, CO, 80916 offers $2,215/mo rent that, after a $2,190/mo payment. Total monthly income is $2,215/mo. Return on cash invested measures 16.55% in year one, and rental yield stands at 5.94% at a $447,500 entry. Equity gained on principal adds $2,888/yr while 5% annual appreciation compounds into $123,636 by year five. Five-year ROI records 84.43% and total cumulative return in cash reaches $125,245. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,215/mo property income versus a $2,190/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
9,841 sqft lot
$N/A/sqft
$135 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80916, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,222 (100%) |
| Owner Occupied HU | 8,003 (52.6%) |
| Renter Occupied HU | 6,622 (43.5%) |
| Vacant Housing Units | 597 ( 3.9%) |
| Median Home Value | $318,022 |
| Average Home Value | $344,349 |
Housing Distribution
Address Breakdown
Residential
15,603
Single Family
12,869
Multi-Family
2,734
Businesses
609
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Listed by: Robert Lynde MPM RPM • Milestone Real Estate Services
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #4526077
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