Grand Mesa Plan, Homestead at Sterling RanchColorado SpringsCO80908
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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
Rental property for sale in Colorado Springs at Grand Mesa Plan, Homestead at Sterling Ranch, Colorado Springs, CO, 80908 priced at $779,500 converts $5,593/mo rent into $1,050/mo cash flow after a $3,815/mo obligation. Total monthly income equals $5,593/mo, and annual cash flow totals $12,606/yr on $256,456 invested. Return on cash invested prints 24.98% in year one, and rental yield reads 8.61% against a $779,500 entry. Equity gained on principal adds $5,030/yr, while 5% annual appreciation compiles into $215,361 by year five. Five-year ROI reaches 129.5% and total cumulative return in cash sums $332,115. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,593/mo property income covering a $3,815/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80908, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,294 (100%) |
| Owner Occupied HU | 8,900 (86.5%) |
| Renter Occupied HU | 902 ( 8.8%) |
| Vacant Housing Units | 492 ( 4.8%) |
| Median Home Value | $710,830 |
| Average Home Value | $783,617 |
Housing Distribution
Address Breakdown
Residential
9,797
Single Family
9,414
Multi-Family
383
Businesses
239
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Listed by: N/A • Classic Homes
Mls Name: Classic Homes
Mls ID: #N/A