Providence II Plan, Wolf Ranch,Colorado Springs,CO,80924

Investment Highlights

Rental property for sale in Colorado Springs at Providence II Plan, Wolf Ranch, Colorado Springs, CO, 80924 offers $3,830/mo rent that, after a $2,849/mo payment, leaves $438/mo cash flow. Total monthly income is $3,830/mo, and annual cash flow is $5,254/yr on $191,478 cash. Return on cash invested measures 22.8% in year one, and rental yield stands at 7.9% at a $582,000 entry. Equity gained on principal adds $3,756/yr while 5% annual appreciation compounds into $160,796 by year five. Five-year ROI records 117.85% and total cumulative return in cash reaches $225,660. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,830/mo property income versus a $2,849/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.