8783 Quail Glen 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 8783 Quail Glen Dr, Colorado Springs, CO, 80920 uses $190,820 cash to close to unlock $92/yr annual cash flow and $8/mo monthly cash flow. Total monthly income runs $3,388/mo, and a $2,839/mo payment keeps the spread at $8/mo. Purchase price stands at $580,000, and rental yield measures 7.01% with $3,388/mo rent. Return on cash invested shows 20.11% in year one, and 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 103.4% and total cumulative return in cash records $197,313. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,388/mo property income covering a $2,839/mo payment rather than investor’s personal income.
Single Family
Built in 1992
9,125 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: Daniel J. Ullery-Oatney • Bhhs Rocky Mountain Florence
Mls Name: Royal Gorge AOR
Mls ID: #4424833