921 Grissom DrColorado SpringsCO80915
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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 921 Grissom Dr, Colorado Springs, CO, 80915 with 5% annual appreciation on a $350,000 basis while $2,170/mo rent supports operations. Total monthly income totals $2,170/mo and a $1,713/mo payment preserves $130/mo for cash returns. Annual cash flow comes to $1,564/yr on $116,025 deployed, and return on cash invested reaches 21.26% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,699 alongside rental yield of 7.44%. Five-year ROI measures 109.62% and total cumulative return in cash totals $127,190.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,170/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
3,123 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80915, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,702 (100%) |
| Owner Occupied HU | 5,806 (59.8%) |
| Renter Occupied HU | 3,280 (33.8%) |
| Vacant Housing Units | 616 ( 6.3%) |
| Median Home Value | $423,486 |
| Average Home Value | $490,589 |
Housing Distribution
Address Breakdown
Residential
9,699
Single Family
8,166
Multi-Family
1,533
Businesses
967
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Listed by: Blaine Szablewski • Exp Realty LLC
Mls Name: Pikes Peak MLS
Mls ID: #5254947