8160 Piute Rd LOT 121Colorado SpringsCO80926
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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 8160 Piute Rd LOT 121, Colorado Springs, CO, 80926 offers a 22.63% rental yield on a $128,000 purchase with $2,414/mo rent. Total monthly income registers $2,414/mo, and a $627/mo payment leaves $1,669/mo available for distribution. Annual cash flow reaches $20,022/yr on $42,432 to close, and return on cash invested stands at 67.1% in year one. Equity gained on principal adds $826/yr while 5% annual appreciation supports $35,364 over five years. Portfolio math shows five-year ROI at 355.43% and total cumulative return in cash at $150,815. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,414/mo property income against a $627/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1995
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80926, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 628 (100%) |
| Owner Occupied HU | 526 (83.8%) |
| Renter Occupied HU | 65 (10.4%) |
| Vacant Housing Units | 37 ( 5.9%) |
| Median Home Value | $574,128 |
| Average Home Value | $693,836 |
Housing Distribution
Address Breakdown
Residential
673
Single Family
673
Multi-Family
0
Businesses
11
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Listed by: Heather Kirkwood • 6035 Real Estate Group
Mls Name: PAR
Mls Provider:
Mls ID: #234202
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.