818 Solum GrvColorado 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 818 Solum Grv, Colorado Springs, CO, 80915 uses $137,224 cash to close to unlock $2,012/yr annual cash flow and $168/mo monthly cash flow. Total monthly income runs $2,580/mo, and a $2,026/mo payment keeps the spread at $168/mo. Purchase price stands at $413,950, and rental yield measures 7.48% with $2,580/mo rent. Return on cash invested shows 21.37% in year one, and 5% annual appreciation builds toward $114,367 over five years. Five-year ROI reaches 110.23% and total cumulative return in cash records $151,264. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,580/mo property income covering a $2,026/mo payment rather than investor’s personal income.
Single Family
Built in 2025
2,086 sqft lot
$N/A/sqft
No 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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Listed by: Matt Tonge • Richmond Realty Inc
Mls Name: Pikes Peak MLS
Mls ID: #2931216