916 E La Salle StColorado SpringsCO80907
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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 916 E La Salle St, Colorado Springs, CO, 80907 with 5% annual appreciation on a $437,000 basis while $2,155/mo rent supports operations. 66% in year one. Equity gained on principal adds $2,820/yr, and five-year appreciation sums $120,735 alongside rental yield of 5.92%. Five-year ROI measures 84.98% and total cumulative return in cash totals $123,100. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,155/mo property income versus a $2,139/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80907, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,636 (100%) |
| Owner Occupied HU | 7,351 (50.2%) |
| Renter Occupied HU | 6,489 (44.3%) |
| Vacant Housing Units | 796 ( 5.4%) |
| Median Home Value | $479,361 |
| Average Home Value | $580,629 |
Housing Distribution
Address Breakdown
Residential
13,459
Single Family
11,403
Multi-Family
2,056
Businesses
1,790
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A