8246 Pinegate DrColorado SpringsCO80925
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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 8246 Pinegate Dr, Colorado Springs, CO, 80925 priced at $412,000 converts $2,238/mo rent into after a $2,017/mo obligation. Total monthly income equals $2,238/mo. Return on cash invested prints 17.53% in year one, and rental yield reads 6.52% against a $412,000 entry. Equity gained on principal adds $2,659/yr, while 5% annual appreciation compiles into $113,828 by year five. Five-year ROI reaches 89.96% and total cumulative return in cash sums $122,871. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,238/mo property income covering a $2,017/mo payment, not borrower’s personal income.
Single Family
Built in 2005
7,350 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80925, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,598 (100%) |
| Owner Occupied HU | 5,877 (89.1%) |
| Renter Occupied HU | 520 ( 7.9%) |
| Vacant Housing Units | 201 ( 3.0%) |
| Median Home Value | $494,178 |
| Average Home Value | $513,668 |
Housing Distribution
Address Breakdown
Residential
6,429
Single Family
6,429
Multi-Family
0
Businesses
18
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Listed by: Cynthia Grey ABR CRS GRI MRP RSPS • Broadmoor Bluffs Realty
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #4551985
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