3600 N Cascade Ave · Colorado Springs, CO 80907

$34,950

3 bd · 1.0 ba · 944 sqft · Land public records · 27 Days on market

Built 1974 672 sqft lot $880/mo HOA · 59% of rent

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming and affordable 2-bedroom, 1-bath home in a quiet and well-maintained community! This cozy trailer features an open floor plan with a bright living area, functional kitchen, and comfortable bedrooms. Perfect for low-maintenance living or a great investment opportunity. Schedule your showing today!

Key facts

• Laminate flooring
• Inviting curb appeal
• Open floorplan

Tags

• INVITING CURB APPEAL
• OPEN FLOORPLAN
• LAMINATE FLOORING
• SPACIOUS UPDATED FRONT DECK
• OFF-STREET PARKING
• SINGLE-LEVEL LAYOUT

Property features AI

Finance

• Other: Property owned by a corporation/trust; Lot number 32
• HOA & community: Located in Cascade Manufactured Housing Community; Professionally managed association; Monthly association fee of $880 (annual $10,560); Month-to-month land lease (expires December 31, 2026)

Exterior

• Parking: 2 off-street parking spaces (2 total parking spaces)
• Utilities: Public water; Public sewer
• Home design: Manufactured in park (Mobile Home); Hallmark make; 60 ft by 12 ft
• Construction: Vinyl skirt; Built on a skirted foundation
• Exterior features: Deck; Membrane roof; Vinyl siding

Interior

• Kitchen: Range; Refrigerator
• Bedrooms: 3 bedrooms (all on the main level)
• Flooring: Carpet; Laminate
• Bathrooms: 1 full bathroom (on the main level)
• Heating & cooling: Forced air heating
• Interior features: Open floorplan

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath land listed at $35k.

Deal economics

• At list price, monthly cash flow is $59 ($709/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $35k).
• Recommended offer: $34k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.3% vs local median 3.3% in Colorado Springs — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 78/100 on livability (#23 in CO, #2,639 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, housing A+, health & safety A+; Watch: cost of living C-, crime F.
• Colorado Springs School District No. 11 In The County Of E (urban): math 20% / reading 37% proficiency, ranked #56 of 86 in CO (top 65%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Stratton Elementary School (math 54% / reading 57%, grade C+, #143 of 966 statewide, top 15%, 286 students, 36% FRL); North Middle School (math 21% / reading 42%, grade F, #121 of 270 statewide, top 46%, 590 students, 63% FRL); Palmer High School (math 26% / reading 58%, grade F, #155 of 381 statewide, top 42%, 1,384 students, 55% FRL) — zoned schools at 52% FRL track the district average.
• Zoned-school proficiency averages 43% at this address vs 28% district-wide (+15 pts) — the actual schools serving this property are materially stronger than the Colorado Springs School District No. 11 In The County Of E average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents flat; 192 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 3,906 units permitted in El Paso County in 2024 (872 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $242 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• El Paso County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 27 days — a 2% lower offer ($34k) is reasonable based on typical stale-listing flexibility.
• 16 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: HOA is 59% of rent.
• Climate carrying-cost: major wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $34,425 (1.5% below list)

Questions for the listing agent

1. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 4.28% ✓
• Cap rate: 8.32%
• Cash-on-cash: 7.25%
• DSCR: 1.32
• GRM: 1.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.11% rent growth · sell at horizon

5-year hold

• IRR: -18.1%
• Equity multiple: 0.43×
• Total profit: $-5,561
• Equity at exit: $5,211

10-year hold

• IRR: —
• Equity multiple: -0.44×
• Total profit: $-14,066
• Equity at exit: $3,022

Cash invested: $9,786 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 38 Tenant-Leaning
• State Colorado: 38 Tenant-Leaning · D+4
• County: — inherits STATE
• City: — inherits STATE

2023 reforms: 10-day cure, mandated notice, source-of-income protected. Courts backlogged in Denver.

Methodology + full state rankings →

ZIP-level market 80907

• Rents YoY: 0.1%
• Active inventory: 192
• Price-to-rent: 1.9×

Monthly cashflow live

• Estimated rent: $1,494 high
• Mortgage (P&I): −$183
• Tax est. 1.5%: −$44 /mo · $524/yr
• Insurance: −$15
• HOA: −$880
• Vacancy / Maint / Mgmt: −$314
• Net cashflow: $59

Break-even live

Break-even rent $1,420

Max offer price $34,950

Occupancy floor 91%

Sensitivity live

Price	-10% $83	-5% $71	+0% $59	+5% $47	+10% $35
Rent	-10% $-59	-5% $0	+0% $59	+5% $118	+10% $177
Rate	-1.0pp $77	-0.5pp $68	base $59	+0.5pp $50	+1.0pp $41

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $8,738
• Closing costs: $1,048
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3850 Schafer Hts Colorado Springs, CO	1.0–2.0	1.0–2.0	752	$1,524	$2.03	4d	5	0.25mi
3125 Sinton Rd Colorado Springs, CO	2.0	1.0	660	$1,402	$2.12	4d	6	0.68mi
325 Cragmor Rd Colorado Springs, CO	2.0	1.0	537	$899	$1.67	4d	2	0.71mi
2925 Tremont St Colorado Springs, CO	1.0–2.0	1.0	682	$915	$1.34	4d	8	0.71mi
4012 Muse Way Colorado Springs, CO	2.0	1.5	1124	$1,598	$1.42	25d	1	0.72mi
4311 N Chestnut St Apt 1 Colorado Springs, CO	2.0	1.0	850	$925	$1.09	25d	1	0.72mi
4033 Muse Way Colorado Springs, CO	2.0	1.5	1121	$1,500	$1.34	25d	1	0.74mi
2822 N Cascade Ave Unit 2824 Colorado Springs, CO	2.0	2.0	1032	$1,995	$1.93	15d	1	0.76mi
921 Westmoreland Rd Colorado Springs, CO	1.0–2.0	1.0	750	$1,234	$1.65	4d	12	0.77mi
6715 N Century St Colorado Springs, CO	1.0–3.0	1.0–2.0	1043	$2,645	$2.54	4d	26	0.79mi
3210 N Chestnut St Colorado Springs, CO	2.0	1.0	597	$1,233	$2.06	4d	8	0.79mi
309 Redwood Dr Colorado Springs, CO	3.0	1.0	829	$2,000	$2.41	25d	1	0.86mi
1035 Magnolia St Unit B Colorado Springs, CO	2.0	1.0	850	$1,145	$1.35	4d	1	0.88mi
1035 Magnolia St Colorado Springs, CO	2.0	1.0	850	$1,199	$1.41	25d	1	0.88mi
1016 Magnolia St Unit 1018 Colorado Springs, CO	2.0	1.0	800	$1,304	$1.63	25d	1	0.88mi
1038 Westmoreland Rd Unit A Colorado Springs, CO	2.0	1.0	700	$875	$1.25	15d	1	0.88mi
1075 Magnolia St Apt 1 Colorado Springs, CO	2.0	1.0	900	$795	$0.88	4d	1	0.91mi
1075 Magnolia St Apt 3 Colorado Springs, CO	2.0	1.0	900	$845	$0.94	4d	1	0.91mi
2613 Concord St Apt 104 Colorado Springs, CO	2.0	1.0	725	$1,149	$1.58	4d	1	0.93mi
1134 Westmoreland Rd Colorado Springs, CO	1.0–2.0	1.0	675	$1,050	$1.56	4d	2	0.97mi
1170 Westmoreland Rd Colorado Springs, CO	2.0	1.0	900	$1,250	$1.39	25d	1	0.99mi
2909 Sage St Colorado Springs, CO	2.0	1.0	689	$768	$1.11	22d	1	1.01mi
2924 N Arcadia St Colorado Springs, CO	1.0–2.0	1.0	775	$1,099	$1.42	25d	4	1.04mi
2922 Straus Ln Colorado Springs, CO	2.0	1.0	750	$1,150	$1.53	4d	1	1.05mi
3224 Illinois Ave Colorado Springs, CO	2.0	1.0	600	$1,249	$2.08	25d	1	1.10mi
2414 Tremont St Colorado Springs, CO	1.0–2.0	1.0	806	$1,580	$1.96	4d	5	1.13mi
4760 Rusina Rd Colorado Springs, CO	1.0–2.0	1.0–2.0	705	$1,441	$2.04	4d	14	1.17mi
720 Melany Ln Colorado Springs, CO	3.0	1.0	1075	$1,399	$1.30	25d	1	1.19mi
1318 Holland Park Blvd Unit B Colorado Springs, CO	2.0	1.0	954	$1,300	$1.36	25d	1	1.20mi
980 Holli Springs Ln Colorado Springs, CO	2.0	1.0	900	$1,150	$1.28	25d	1	1.22mi
3630 Rialto Hts Colorado Springs, CO	1.0–3.0	1.0–2.0	959	$1,925	$2.01	4d	13	1.22mi
3370 Bryson Hts Colorado Springs, CO	1.0–3.0	1.0–2.0	980	$2,294	$2.34	4d	21	1.23mi
3935 Stonedike Dr Unit D Colorado Springs, CO	2.0	1.0	764	$1,195	$1.56	22d	1	1.25mi
4015 Stonedike Dr Unit B Colorado Springs, CO	2.0	1.0	964	$1,399	$1.45	4d	1	1.26mi
1299 Vondelpark Dr Unit B Colorado Springs, CO	2.0	1.5	992	$1,450	$1.46	4d	1	1.28mi
2232 N Weber St Apt E Colorado Springs, CO	2.0	1.0	884	$1,295	$1.46	15d	1	1.33mi
1120 Old Dutch Mill Rd Colorado Springs, CO	2.0	2.0	875	$1,014	$1.16	4d	1	1.34mi
1120 Old Dutch Mill Rd Unit A Colorado Springs, CO	2.0	1.5	875	$1,014	$1.16	25d	1	1.34mi
2230 N Weber St Apt E Colorado Springs, CO	2.0	1.0	884	$1,295	$1.46	4d	1	1.34mi
1140 Holli Springs Ln Unit D Colorado Springs, CO	2.0	1.0	1100	$1,550	$1.41	15d	1	1.37mi

HOA detail

• Monthly dues: $880 · $10,560/yr

Listing history 50 events

1. 2026-06-18
   days on market $34,950 Active 27 DOM
2. 2026-06-17
   days on market $34,950 Active 26 DOM
3. 2026-06-16
   days on market $34,950 Active 25 DOM
4. 2026-06-15
   days on market $34,950 Active 24 DOM
5. 2026-06-14
   days on market $34,950 Active 22 DOM
6. 2026-06-10
   days on market $34,950 Active 19 DOM
7. 2026-06-09
   days on market $34,950 Active 18 DOM
8. 2026-06-08
   days on market $34,950 Active 17 DOM
9. 2026-06-07
   days on market $34,950 Active 16 DOM
10. 2026-06-05
    days on market $34,950 Active 13 DOM
11. 2026-06-03
    days on market $34,950 Active 12 DOM
12. 2026-06-03
    days on market $34,950 Active 11 DOM
13. 2026-06-01
    days on market $34,950 Active 10 DOM
14. 2026-05-31
    days on market $34,950 Active 9 DOM
15. 2026-05-22
    listed $34,950 Active
16. 2026-04-23
    price $24,000 306-char remark

    Show marketing remark (306 chars)

    Charming and affordable 2-bedroom, 1-bath home in a quiet and well-maintained community! This cozy trailer features an open floor plan with a bright living area, functional kitchen, and comfortable bedrooms. Perfect for low-maintenance living or a great investment opportunity. Schedule your showing today!

17. 2026-03-13
    price $31,950 699-char remark

    Show marketing remark (699 chars)

    Welcome home to Lot 15! This newly remodeled 2-bedroom, 1-bath single-wide mobile home offers modern updates in a prime Colorado Springs location. Built in 1968, it features granite countertops, stainless steel appliances, and stylish finishes throughout. Just minutes from Garden of the Gods, downtown, and major highways, this home combines comfort and convenience. Located in a land-lease community, buyers will own the home and rent the lot. Current lot rent is $880 per month, but buyers should verify lease terms with the park. Park approval is required. Loan options are available upon request—schedule a showing today! Drone Footage / Virtual Tour Here: https://youtu.be/_3yzPcCocZQ

18. 2026-03-13
    price $31,900

    Show marketing remark (699 chars)

    Welcome home to Lot 15! This newly remodeled 2-bedroom, 1-bath single-wide mobile home offers modern updates in a prime Colorado Springs location. Built in 1968, it features granite countertops, stainless steel appliances, and stylish finishes throughout. Just minutes from Garden of the Gods, downtown, and major highways, this home combines comfort and convenience. Located in a land-lease community, buyers will own the home and rent the lot. Current lot rent is $880 per month, but buyers should verify lease terms with the park. Park approval is required. Loan options are available upon request—schedule a showing today! Drone Footage / Virtual Tour Here: https://youtu.be/_3yzPcCocZQ

19. 2026-03-13
    price $33,900

    Show marketing remark (699 chars)

    Welcome home to Lot 15! This newly remodeled 2-bedroom, 1-bath single-wide mobile home offers modern updates in a prime Colorado Springs location. Built in 1968, it features granite countertops, stainless steel appliances, and stylish finishes throughout. Just minutes from Garden of the Gods, downtown, and major highways, this home combines comfort and convenience. Located in a land-lease community, buyers will own the home and rent the lot. Current lot rent is $880 per month, but buyers should verify lease terms with the park. Park approval is required. Loan options are available upon request—schedule a showing today! Drone Footage / Virtual Tour Here: https://youtu.be/_3yzPcCocZQ

20. 2026-03-11
    price $27,000 306-char remark

    Show marketing remark (306 chars)

    Charming and affordable 2-bedroom, 1-bath home in a quiet and well-maintained community! This cozy trailer features an open floor plan with a bright living area, functional kitchen, and comfortable bedrooms. Perfect for low-maintenance living or a great investment opportunity. Schedule your showing today!

21. 2025-12-22
    price $30,000 306-char remark

    Show marketing remark (306 chars)

    Charming and affordable 2-bedroom, 1-bath home in a quiet and well-maintained community! This cozy trailer features an open floor plan with a bright living area, functional kitchen, and comfortable bedrooms. Perfect for low-maintenance living or a great investment opportunity. Schedule your showing today!

22. 2025-12-09
    listed $36,900 Active
23. 2025-11-14
    listed $34,900 Active
24. 2025-10-23
    price $33,500 306-char remark

    Show marketing remark (306 chars)

    Charming and affordable 2-bedroom, 1-bath home in a quiet and well-maintained community! This cozy trailer features an open floor plan with a bright living area, functional kitchen, and comfortable bedrooms. Perfect for low-maintenance living or a great investment opportunity. Schedule your showing today!

25. 2025-10-01
    price $37,000 306-char remark

    Show marketing remark (306 chars)

    Charming and affordable 2-bedroom, 1-bath home in a quiet and well-maintained community! This cozy trailer features an open floor plan with a bright living area, functional kitchen, and comfortable bedrooms. Perfect for low-maintenance living or a great investment opportunity. Schedule your showing today!

26. 2025-09-12
    price $34,950 699-char remark

    Show marketing remark (699 chars)

    Welcome home to Lot 15! This newly remodeled 2-bedroom, 1-bath single-wide mobile home offers modern updates in a prime Colorado Springs location. Built in 1968, it features granite countertops, stainless steel appliances, and stylish finishes throughout. Just minutes from Garden of the Gods, downtown, and major highways, this home combines comfort and convenience. Located in a land-lease community, buyers will own the home and rent the lot. Current lot rent is $880 per month, but buyers should verify lease terms with the park. Park approval is required. Loan options are available upon request—schedule a showing today! Drone Footage / Virtual Tour Here: https://youtu.be/_3yzPcCocZQ

27. 2025-08-18
    price $45,000 306-char remark

    Show marketing remark (306 chars)

    Charming and affordable 2-bedroom, 1-bath home in a quiet and well-maintained community! This cozy trailer features an open floor plan with a bright living area, functional kitchen, and comfortable bedrooms. Perfect for low-maintenance living or a great investment opportunity. Schedule your showing today!

28. 2025-08-11
    soldstatus $60,000 Closed
29. 2025-07-28
    price $39,950 699-char remark

    Show marketing remark (306 chars)

    Charming and affordable 2-bedroom, 1-bath home in a quiet and well-maintained community! This cozy trailer features an open floor plan with a bright living area, functional kitchen, and comfortable bedrooms. Perfect for low-maintenance living or a great investment opportunity. Schedule your showing today!

30. 2025-07-28
    status Pending

    Show marketing remark (306 chars)

    Charming and affordable 2-bedroom, 1-bath home in a quiet and well-maintained community! This cozy trailer features an open floor plan with a bright living area, functional kitchen, and comfortable bedrooms. Perfect for low-maintenance living or a great investment opportunity. Schedule your showing today!

31. 2025-07-28
    listed $50,000 Active 306-char remark

    Show marketing remark (306 chars)

    Charming and affordable 2-bedroom, 1-bath home in a quiet and well-maintained community! This cozy trailer features an open floor plan with a bright living area, functional kitchen, and comfortable bedrooms. Perfect for low-maintenance living or a great investment opportunity. Schedule your showing today!

32. 2025-06-27
    price $44,950 699-char remark

    Show marketing remark (699 chars)

    Welcome home to Lot 15! This newly remodeled 2-bedroom, 1-bath single-wide mobile home offers modern updates in a prime Colorado Springs location. Built in 1968, it features granite countertops, stainless steel appliances, and stylish finishes throughout. Just minutes from Garden of the Gods, downtown, and major highways, this home combines comfort and convenience. Located in a land-lease community, buyers will own the home and rent the lot. Current lot rent is $880 per month, but buyers should verify lease terms with the park. Park approval is required. Loan options are available upon request—schedule a showing today! Drone Footage / Virtual Tour Here: https://youtu.be/_3yzPcCocZQ

33. 2025-05-03
    price $64,950

    Show marketing remark (699 chars)

    Welcome home to Lot 15! This newly remodeled 2-bedroom, 1-bath single-wide mobile home offers modern updates in a prime Colorado Springs location. Built in 1968, it features granite countertops, stainless steel appliances, and stylish finishes throughout. Just minutes from Garden of the Gods, downtown, and major highways, this home combines comfort and convenience. Located in a land-lease community, buyers will own the home and rent the lot. Current lot rent is $880 per month, but buyers should verify lease terms with the park. Park approval is required. Loan options are available upon request—schedule a showing today! Drone Footage / Virtual Tour Here: https://youtu.be/_3yzPcCocZQ

34. 2025-05-03
    price $49,950 699-char remark

    Show marketing remark (699 chars)

    Welcome home to Lot 15! This newly remodeled 2-bedroom, 1-bath single-wide mobile home offers modern updates in a prime Colorado Springs location. Built in 1968, it features granite countertops, stainless steel appliances, and stylish finishes throughout. Just minutes from Garden of the Gods, downtown, and major highways, this home combines comfort and convenience. Located in a land-lease community, buyers will own the home and rent the lot. Current lot rent is $880 per month, but buyers should verify lease terms with the park. Park approval is required. Loan options are available upon request—schedule a showing today! Drone Footage / Virtual Tour Here: https://youtu.be/_3yzPcCocZQ

35. 2025-02-10
    listed $54,950 Active 699-char remark

    Show marketing remark (699 chars)

    Welcome home to Lot 15! This newly remodeled 2-bedroom, 1-bath single-wide mobile home offers modern updates in a prime Colorado Springs location. Built in 1968, it features granite countertops, stainless steel appliances, and stylish finishes throughout. Just minutes from Garden of the Gods, downtown, and major highways, this home combines comfort and convenience. Located in a land-lease community, buyers will own the home and rent the lot. Current lot rent is $880 per month, but buyers should verify lease terms with the park. Park approval is required. Loan options are available upon request—schedule a showing today! Drone Footage / Virtual Tour Here: https://youtu.be/_3yzPcCocZQ

36. 2025-01-23
    soldstatus $45,000 Closed
37. 2024-12-22
    status Pending
38. 2024-11-24
    price $49,950
39. 2024-11-24
    price $49,000
40. 2024-10-08
    historical
41. 2024-08-28
    price $49,900
42. 2024-07-25
    price $59,900
43. 2024-07-03
    price $65,000
44. 2024-07-02
    price $69,950
45. 2024-07-02
    price $68,000
46. 2024-06-11
    status Active
47. 2024-06-06
    price $75,950
48. 2024-05-27
    price $72,000
49. 2024-05-24
    status Pending Accepting Backup Offers
50. 2024-05-19
    listed $80,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 2/10 Low 7 d/yr ≥89°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,933
• − Mortgage interest: −$1,958
• − Property taxes: −$524
• − Insurance: −$175
• − Repairs & maintenance: −$1,435
• − Management: −$1,435
• − HOA: −$10,560
• − Depreciation: −$1,017
• Taxable income: $831
• Est. tax owed @ 24.0%: −$199
• After-tax cash flow: $510/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Colorado Springs School District No. 11 In The County Of E
• NCES district ID: 0803060
• Math proficiency: 20% ▼ -8.00%
• Reading proficiency: 37% ▼ -4.00%
• Median HH income: $47,884
• Composite: 24.69/100
• National rank: #7613
• State rank: #56 of 86 in CO

Livability — Colorado Springs

• Score: 78/100
• State rank: #23
• US rank: #2639

Category grades

Amenities A+ Commute A Cost of living C- Crime F Employment B Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Colorado Springs, CO
• County: El Paso County · 689,348 people
• City population: 555,783
• Metro: Colorado Springs, CO
• Population (ZIP): 27,815
• Household income: $74,402
• Rent vs Own: 44.1% rent · 55.9% own
• Severe rent burden: 1396.0

Population outlook (El Paso County) Hauer SSP2

• Today (2025): 768,926 people
• By 2030: 815,739 · +6.1%
• By 2040: 903,489 · +17.5%
• By 2050: 981,204 · +27.6%
• By 2075: 1,155,542 · +50.3%
• By 2100: 1,202,070 · +56.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Hispanic / Latino 12% Two or more races 10% Black 3% Asian 2%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Italian 3% Lithuanian 3% Slovak 3%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 4% German/W. Germanic 1%

Political lean MEDSL · El Paso

• 2024 margin: Lean R (+9.8) · D 43.8% · R 53.5% · Other 2.7%
• 2008→2024 swing: +9.0pp toward D · 2008: -18.8pp · 2024: -9.8pp
• All cycles: 2024: R+9.8 2020: R+10.8 2016: R+22.6 2012: R+21.4 2008: R+18.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -544.07%
• Current HPI: 276.2139
• Rent YoY: ▲ 0.11%
• Metro: Colorado Springs, CO
• State GDP YoY: ▲ 1.95%
• F500 in state: 14

Industry mix (Fortune 500 HQ in CO)

Industry	F500 HQs	Revenue
▸Technology Distribution	1	$31B
▸Food / Agriculture	1	$18B
▸Packaging	1	$14B
▸Healthcare	1	$13B
▸Energy	1	$10B
▸Technology	1	$4B

Price history

+437.7% since first listed

90 events — show timeline

• 2026-05-22 Listed $34,950 REColorado as Distributed by MLS Grid
• 2026-04-23 Price Changed $24,000 REColorado as Distributed by MLS Grid
• 2026-03-13 Price Changed $31,950 REColorado as Distributed by MLS Grid
• 2026-03-13 Price Changed $31,900 REColorado as Distributed by MLS Grid
• 2026-03-13 Price Changed $33,900 REColorado as Distributed by MLS Grid
• 2026-03-11 Price Changed $27,000 REColorado as Distributed by MLS Grid
• 2025-12-22 Price Changed $30,000 REColorado as Distributed by MLS Grid
• 2025-12-09 Listed $36,900 REColorado as Distributed by MLS Grid
• 2025-11-14 Listed $34,900 REColorado as Distributed by MLS Grid
• 2025-10-23 Price Changed $33,500 REColorado as Distributed by MLS Grid
• 2025-10-01 Price Changed $37,000 REColorado as Distributed by MLS Grid
• 2025-09-12 Price Changed $34,950 REColorado as Distributed by MLS Grid
• 2025-08-18 Price Changed $45,000 REColorado as Distributed by MLS Grid
• 2025-08-11 Sold (MLS) $60,000 REColorado as Distributed by MLS Grid
• 2025-07-28 Price Changed $39,950 REColorado as Distributed by MLS Grid
• 2025-07-28 Pending — REColorado as Distributed by MLS Grid
• 2025-07-28 Listed $50,000 REColorado as Distributed by MLS Grid
• 2025-06-27 Price Changed $44,950 REColorado as Distributed by MLS Grid
• 2025-05-03 Price Changed $64,950 REColorado as Distributed by MLS Grid
• 2025-05-03 Price Changed $49,950 REColorado as Distributed by MLS Grid
• 2025-02-10 Listed $54,950 REColorado as Distributed by MLS Grid
• 2025-01-23 Sold (MLS) $45,000 REColorado as Distributed by MLS Grid
• 2024-12-22 Pending — REColorado as Distributed by MLS Grid
• 2024-11-24 Price Changed $49,950 REColorado as Distributed by MLS Grid
• 2024-11-24 Price Changed $49,000 REColorado as Distributed by MLS Grid
• 2024-10-08 Listing Removed — REColorado as Distributed by MLS Grid
• 2024-08-28 Price Changed $49,900 REColorado as Distributed by MLS Grid
• 2024-07-25 Price Changed $59,900 REColorado as Distributed by MLS Grid
• 2024-07-03 Price Changed $65,000 REColorado as Distributed by MLS Grid
• 2024-07-02 Price Changed $69,950 REColorado as Distributed by MLS Grid
• 2024-07-02 Price Changed $68,000 REColorado as Distributed by MLS Grid
• 2024-06-11 Relisted — REColorado as Distributed by MLS Grid
• 2024-06-06 Price Changed $75,950 REColorado as Distributed by MLS Grid
• 2024-05-27 Price Changed $72,000 REColorado as Distributed by MLS Grid
• 2024-05-24 Pending — REColorado as Distributed by MLS Grid
• 2024-05-19 Listed $80,000 REColorado as Distributed by MLS Grid
• 2024-05-19 Price Changed $80,000 REColorado as Distributed by MLS Grid
• 2024-05-16 Price Changed $65,000 REColorado as Distributed by MLS Grid
• 2024-05-16 Coming Soon — REColorado as Distributed by MLS Grid
• 2024-05-02 Price Changed $52,950 REColorado as Distributed by MLS Grid
• 2024-05-02 Price Changed $77,950 REColorado as Distributed by MLS Grid
• 2024-03-28 Price Changed $54,950 REColorado as Distributed by MLS Grid
• 2024-03-28 Price Changed $79,950 REColorado as Distributed by MLS Grid
• 2024-02-21 Price Changed $59,950 REColorado as Distributed by MLS Grid
• 2024-02-21 Price Changed $84,950 REColorado as Distributed by MLS Grid
• 2024-01-19 Price Changed $64,950 REColorado as Distributed by MLS Grid
• 2024-01-19 Price Changed $89,950 REColorado as Distributed by MLS Grid
• 2023-12-30 Price Changed $69,950 REColorado as Distributed by MLS Grid
• 2023-12-30 Price Changed $94,950 REColorado as Distributed by MLS Grid
• 2023-11-18 Listed $74,950 REColorado as Distributed by MLS Grid
• 2023-11-13 Listed $99,950 REColorado as Distributed by MLS Grid
• 2023-09-15 Sold (MLS) $46,500 REColorado as Distributed by MLS Grid
• 2023-08-26 Pending — REColorado as Distributed by MLS Grid
• 2023-08-23 Price Changed $49,900 REColorado as Distributed by MLS Grid
• 2023-08-23 Relisted — REColorado as Distributed by MLS Grid
• 2023-08-22 Pending — REColorado as Distributed by MLS Grid
• 2023-08-22 Listing Removed — REColorado as Distributed by MLS Grid
• 2023-08-21 Price Changed $54,900 REColorado as Distributed by MLS Grid
• 2023-08-16 Sold (MLS) $64,500 REColorado as Distributed by MLS Grid
• 2023-08-11 Pending — REColorado as Distributed by MLS Grid
• 2023-07-17 Price Changed $84,950 REColorado as Distributed by MLS Grid
• 2023-07-08 Price Changed $66,500 REColorado as Distributed by MLS Grid
• 2023-07-08 Price Changed $46,500 REColorado as Distributed by MLS Grid
• 2023-06-29 Price Changed $68,000 REColorado as Distributed by MLS Grid
• 2023-06-29 Price Changed $78,000 REColorado as Distributed by MLS Grid
• 2023-06-28 Price Changed $68,000 REColorado as Distributed by MLS Grid
• 2023-06-28 Price Changed $48,000 REColorado as Distributed by MLS Grid
• 2023-06-15 Price Changed $54,900 REColorado as Distributed by MLS Grid
• 2023-06-15 Price Changed $74,500 REColorado as Distributed by MLS Grid
• 2023-05-15 Price Changed $59,900 REColorado as Distributed by MLS Grid
• 2023-05-15 Price Changed $79,500 REColorado as Distributed by MLS Grid
• 2023-05-04 Listed $85,000 REColorado as Distributed by MLS Grid
• 2023-05-04 Listed $65,000 REColorado as Distributed by MLS Grid
• 2023-04-27 Price Changed $89,950 REColorado as Distributed by MLS Grid
• 2023-03-09 Listed $99,950 REColorado as Distributed by MLS Grid
• 2022-09-02 Sold (MLS) $55,000 REColorado as Distributed by MLS Grid
• 2022-08-30 Sold (MLS) $50,000 REColorado as Distributed by MLS Grid
• 2022-08-19 Sold (MLS) $35,000 REColorado as Distributed by MLS Grid
• 2022-08-14 Pending — REColorado as Distributed by MLS Grid
• 2022-08-06 Pending — REColorado as Distributed by MLS Grid
• 2022-07-27 Listed $40,000 REColorado as Distributed by MLS Grid
• 2022-07-27 Listed $60,000 REColorado as Distributed by MLS Grid
• 2022-07-18 Pending — REColorado as Distributed by MLS Grid
• 2022-05-22 Listing Removed — REColorado as Distributed by MLS Grid
• 2022-05-18 Listed $48,000 REColorado as Distributed by MLS Grid
• 2022-05-15 Price Changed $50,000 REColorado as Distributed by MLS Grid
• 2022-05-14 Coming Soon — REColorado as Distributed by MLS Grid
• 2022-03-18 Listing Removed — REColorado as Distributed by MLS Grid
• 2021-04-28 Sold (Public Records) $2,800,000 Public Records
• 1991-12-10 Sold (Public Records) $6,500 Public Records

Property tax history

+1.2%/yr

Latest (2024): $4,418 · +1.0% YoY. Source: county tax records.