8372 Wilmington DrColorado SpringsCO80920
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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 8372 Wilmington Dr, Colorado Springs, CO, 80920 offers a 8.58% rental yield on a $449,888 purchase with $3,218/mo rent. Total monthly income registers $3,218/mo, and a $2,202/mo payment leaves $596/mo available for distribution. Annual cash flow reaches $7,153/yr on $149,138 to close, and return on cash invested stands at 24.71% in year one. Equity gained on principal adds $2,903/yr while 5% annual appreciation supports $124,296 over five years. Portfolio math shows five-year ROI at 128.12% and total cumulative return in cash at $191,071. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,218/mo property income against a $2,202/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
4,826 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80920, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,640 (100%) |
| Owner Occupied HU | 9,892 (63.2%) |
| Renter Occupied HU | 5,196 (33.2%) |
| Vacant Housing Units | 552 ( 3.5%) |
| Median Home Value | $533,256 |
| Average Home Value | $576,502 |
Housing Distribution
Address Breakdown
Residential
15,525
Single Family
13,075
Multi-Family
2,450
Businesses
1,302
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Listed by: Megan Niles • Exp Realty LLC
Mls Name: Pikes Peak MLS
Mls ID: #5800064