900 Saturn Dr APT 709Colorado SpringsCO80905
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
Investment property for sale in Colorado Springs at 900 Saturn Dr APT 709, Colorado Springs, CO, 80905 uses $43,062 cash to close to unlock $2,385/yr annual cash flow and $199/mo monthly cash flow. Total monthly income runs $1,406/mo, and a $636/mo payment keeps the spread at $199/mo. Purchase price stands at $129,900, and rental yield measures 12.99% with $1,406/mo rent. Return on cash invested shows 25.45% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 136.62% and total cumulative return in cash records $58,831. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,406/mo property income covering a $636/mo payment rather than investor’s personal income.
Condo
Built in 1962
N/A lot
$N/A/sqft
$450 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80905, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,182 (100%) |
| Owner Occupied HU | 4,060 (44.2%) |
| Renter Occupied HU | 4,483 (48.8%) |
| Vacant Housing Units | 639 ( 7.0%) |
| Median Home Value | $466,107 |
| Average Home Value | $497,446 |
Housing Distribution
Address Breakdown
Residential
8,501
Single Family
6,308
Multi-Family
2,193
Businesses
647
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Connie Lewis SRES • Brokers Guild Real Estate
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #4437344
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.