866 Venhorst RdColorado SpringsCO80920
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 866 Venhorst Rd, Colorado Springs, CO, 80920 offers $2,580/mo rent that, after a $2,922/mo payment. Total monthly income is $2,580/mo. Return on cash invested measures 14.57% in year one, and rental yield stands at 5.19% at a $597,000 entry. Equity gained on principal adds $3,852/yr while 5% annual appreciation compounds into $164,940 by year five. Five-year ROI records 73.68% and total cumulative return in cash reaches $144,714. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,580/mo property income versus a $2,922/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
1 Acres 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: Susan Schooler GRI • Big Star Realty Inc
Mls Name: Pikes Peak MLS
Mls ID: #7201937