833 E Moreno AveColorado SpringsCO80903
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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 833 E Moreno Ave, Colorado Springs, CO, 80903 priced at $395,000 pairs $2,023/mo rent with after a $1,933/mo payment. Total monthly income equals $2,023/mo. Return on cash invested is 17.36% in year one, and rental yield stands at 6.15% on a $395,000 basis. Equity gained on principal adds $2,549/yr, and 5% annual appreciation accumulates to $109,131 by year five. Five-year ROI measures 88.69% and total cumulative return in cash reaches $116,130. For financing, Ziffy Mortgage’s DSCR program evaluates $2,023/mo property income against a $1,933/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1908
8,659 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80903, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,675 (100%) |
| Owner Occupied HU | 2,645 (27.3%) |
| Renter Occupied HU | 5,187 (53.6%) |
| Vacant Housing Units | 1,843 (19.0%) |
| Median Home Value | $512,438 |
| Average Home Value | $566,039 |
Housing Distribution
Address Breakdown
Residential
7,527
Single Family
5,875
Multi-Family
1,652
Businesses
1,867
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Listed by: Angie Horning GRI SFR • Springs Premier Brokerage LLC
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #3442934
Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR Services Corp.