850 Tenderfoot Hill Rd APT 102Colorado SpringsCO80906
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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 850 Tenderfoot Hill Rd APT 102, Colorado Springs, CO, 80906 uses $58,874 cash to close to unlock $5,235/yr annual cash flow and $436/mo monthly cash flow. Total monthly income runs $1,471/mo, and a $869/mo payment keeps the spread at $436/mo. Purchase price stands at $177,600, and rental yield measures 9.94% with $1,471/mo rent. Return on cash invested shows 28.8% in year one, and 5% annual appreciation builds toward $49,068 over five years. Five-year ROI reaches 150.11% and total cumulative return in cash records $88,375. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,471/mo property income covering a $869/mo payment rather than investor’s personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80906, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,829 (100%) |
| Owner Occupied HU | 9,253 (55.0%) |
| Renter Occupied HU | 6,380 (37.9%) |
| Vacant Housing Units | 1,196 ( 7.1%) |
| Median Home Value | $632,553 |
| Average Home Value | $699,557 |
Housing Distribution
Address Breakdown
Residential
16,320
Single Family
13,580
Multi-Family
2,740
Businesses
788
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A