921 N Corona StColorado SpringsCO80903
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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 N Corona St, Colorado Springs, CO, 80903 uses $119,307 cash to close to unlock $325/yr annual cash flow and $27/mo monthly cash flow. Total monthly income runs $2,125/mo, and a $1,762/mo payment keeps the spread at $27/mo. Purchase price stands at $359,900, and rental yield measures 7.09% with $2,125/mo rent. Return on cash invested shows 20.18% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 103.85% and total cumulative return in cash records $123,902. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,125/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1918
5,623 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80903, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,675 (100%) |
| Owner Occupied HU | 2,645 (27.3%) |
| Renter Occupied HU | 5,187 (53.6%) |
| Vacant Housing Units | 1,843 (19.0%) |
| Median Home Value | $512,438 |
| Average Home Value | $566,039 |
Housing Distribution
Address Breakdown
Residential
7,527
Single Family
5,875
Multi-Family
1,652
Businesses
1,867
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Listed by: Leeann Perea GRI MRP • HomeSmart
Mls Name: Pikes Peak MLS
Mls ID: #4296158