935 Saturn Dr UNIT 123Colorado SpringsCO80905
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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 935 Saturn Dr UNIT 123, Colorado Springs, CO, 80905 offers a 9.07% rental yield on a $100,000 purchase with $756/mo rent. Total monthly income registers $756/mo, and a $489/mo payment leaves $174/mo available for distribution. Annual cash flow reaches $2,084/yr on $33,150 to close, and return on cash invested stands at 26.2% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 136.12% and total cumulative return in cash at $45,124. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $756/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1975
261.36 sqft lot
$N/A/sqft
No 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
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Listed by: Greg Hanson • TRELORA Realty
Mls Name: Pikes Peak MLS
Mls ID: #7962546