8263 Wheatland DrColorado SpringsCO80908
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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 8263 Wheatland Dr, Colorado Springs, CO, 80908 generates $4,043/mo in rent, after a $3,867/mo payment. Total monthly income is $4,043/mo. Return on cash invested sits at 17.47% in year one, and rental yield is 6.14% on a $790,000 entry. Equity gained on principal adds $5,098/yr, while 5% annual appreciation builds toward $218,262 over five years. Five-year ROI reaches 89.25% and total cumulative return in cash sums $231,960. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,043/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
8,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80908, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,294 (100%) |
| Owner Occupied HU | 8,900 (86.5%) |
| Renter Occupied HU | 902 ( 8.8%) |
| Vacant Housing Units | 492 ( 4.8%) |
| Median Home Value | $710,830 |
| Average Home Value | $783,617 |
Housing Distribution
Address Breakdown
Residential
9,797
Single Family
9,414
Multi-Family
383
Businesses
239
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Listed by: Michael Seeger GRI • Keller Williams Partners
Mls Name: Pikes Peak MLS
Mls ID: #4706114