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3408 Queen Anne Way
D+ Composite 48.23
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).

  • ARV discount +15.0/15.0
  • Cash flow +13.1/30.0
  • 1% rule +5.9/10.0
  • DSCR +3.9/10.0
  • Livability +3.9/5.0
  • Schools +2.5/10.0
  • Condition / age +2.5/5.0
  • Rent growth +1.5/5.0
  • Appreciation +0.0/10.0

$128,000

3408 Queen Anne Way · Colorado Springs, CO 80917
2 bd · 2.0 ba · 1,131 sqft · Townhouse public records · 133 Days on market
Built 1983 638 sqft lot Est $213k · 40% under $316/mo HOA · 23% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to this beautifully updated 2-bedroom, 2-bath townhome in the desirable Victoria Village community. Thoughtfully designed across two levels, the open main floor features wood-style flooring, recessed lighting, and a striking stone-accented fireplace that creates a warm and inviting living space. French doors lead to the back patio, offering seamless indoor-outdoor flow perfect for relaxing or entertaining. The kitchen is both stylish and functional, complete with stainless steel appliances, granite countertops, a subway tile backsplash, abundant cabinetry, a pantry, and a convenient breakfast bar. A powder room, stacked laundry area, and smart under-stair storage add everyday practicality. Upstairs, the spacious primary bedroom serves as a private retreat with vaulted ceilings, two generous closets—including a walk-in—and direct access to the beautifully remodeled bathroom with dual sinks and a tub/shower combination. A second bedroom provides flexibility for guests, a home office, or additional living space. Step outside to enjoy a covered patio with a private storage room and access to the community’s open green space. Residents also benefit from assigned parking and a refreshing outdoor pool. Ideally located near Palmer Park with easy access to trails, shopping, dining, and everyday conveniences, this home offers the perfect blend of comfort and lifestyle. Don’t miss the opportunity to make it yours!

Key facts

  • $316 HOA
  • Parking
  • Community pool

Property features AI

Finance

  • HOA & community: Victoria Village homeowners association (professionally managed); Monthly HOA fee includes insurance, grounds and structure maintenance, snow removal, trash, and water; Community pool; Pets allowed

Exterior

  • Parking: 1 parking space
  • Security: Smoke detector(s)
  • Utilities: Public water; Public sewer; Electricity available; Natural gas available; Cable available; Wired internet access available; Phone service available
  • Home design: Residential townhouse; Two levels; Garden entry; Entry level: 1; Faces east; Attached property with 2+ common walls; Current use: Live/Work; Ownership: Individual
  • Construction: Built with frame construction materials; Composition roof
  • Exterior features: Patio; Borders public land; Located on a cul-de-sac; Adjacent to greenbelt and open space; Private paved road frontage; Private maintained road

Interior

  • Kitchen: Stainless-steel appliances; Granite counters; Dishwasher; Disposal; Microwave; Oven; Range; Refrigerator
  • Bedrooms: 2 bedrooms (both on the upper level); Primary bedroom with vaulted ceiling and walk-in closet; Second bedroom with spacious closet
  • Flooring: Carpet; Laminate
  • Bathrooms: 2 bathrooms total: 1 full and 1 half; Upper-level full bathroom with dual sinks and tub/shower combo (en suite); Main-level half bathroom with vanity
  • Heating & cooling: Forced air heating; Central air conditioning
  • Interior features: Granite counters; High-speed internet available; Primary suite; Vaulted ceilings; Walk-in closet(s); Stone-accented living room fireplace
  • Laundry & utility: In-unit laundry in a stacked area

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath townhouse listed at $128k.

Deal economics

  • At list price, monthly cash flow is $-5 ($-62/yr) — negative.
  • To cash-flow at today's rent, offer at most $127k (0.7% below list).
  • Meets the 1% rule at list price ($1k rent vs $128k).
  • Recommended offer: $113k (12.0% below list) — sets the bar for market timing.
  • Cap rate 6.2% 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: Grant Elementary School (math 12% / reading 32%, grade F, #660 of 966 statewide, top 70%, 366 students, 74% FRL); Mann Middle School (math 12% / reading 27%, grade F, #207 of 270 statewide, top 79%, 387 students, 67% FRL); Mitchell High School (math 2% / reading 22%, grade F, #352 of 381 statewide, top 94%, 886 students, 72% FRL) — zoned schools average 71% FRL vs 49% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents falling (-4.0%/yr); 151 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals leasing fast (median 3d 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 $885 of loan paydown is wiped out by about $4k 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 133 days — a 12% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts; this cycle's ask has dropped $146k (53%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: HOA is 23% of rent.
  • Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $112,640 (12.0% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 133 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. 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?
  9. 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.
  10. 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.
  11. 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
1.09%
Cap rate
6.24%
Cash-on-cash
-0.17%
DSCR
0.99
GRM
7.7

CMA / ARV

ARV (on-the-fly)
$212,628
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3525 Queen Anne Way 0.08mi 2/2.0 1,131 (0%) 10mo $242,000 $214 88
3323 Queen Anne Way 0.08mi 2/1.5 1,131 (0%) 11mo $265,000 $234 85
3440 Parkmoor Village Dr Unit P 0.45mi 3/2.0 (+1) 1,153 (+2%) 0mo $145,000 $126 70
3447 Queen Anne Way 0.08mi 3/2.0 (+1) 1,276 (+13%) 0mo $245,000 $192 69
3436 Queen Anne Way 0.03mi 2/2.0 1,276 (+13%) 10mo $240,000 $188 69
3415 Rebecca Ln #F 0.40mi 3/2.0 (+1) 1,116 (-1%) 8mo $180,000 $161 68
3914 Aspen Leaf Pt 0.25mi 2/2.0 1,224 (+8%) 10mo $240,000 $196 66
3435 Rebecca Ln #A 0.43mi 3/2.0 (+1) 1,153 (+2%) 8mo $207,900 $180 65
3530 Parkmoor Village Dr #F 0.52mi 3/2.0 (+1) 1,153 (+2%) 4mo $125,000 $108 64
3932 Aspen Leaf Pt 0.25mi 2/2.0 1,248 (+10%) 12mo $265,000 $212 61
3475 Rebecca Ln Unit C 0.42mi 3/2.0 (+1) 1,072 (-5%) 8mo $195,000 $182 60
3425 Rebecca Ln #F 0.42mi 3/1.5 (+1) 1,153 (+2%) 15mo $215,000 $186 58

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-20.8%
Equity multiple
0.30×
Total profit
$-24,991
Equity at exit
$19,085
10-year hold
IRR
-26.1%
Equity multiple
-0.04×
Total profit
$-37,305
Equity at exit
$11,067

Cash invested: $35,840 (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.

ZIP-level market 80917

Rents YoY
-4.0%
Active inventory
151
Price-to-rent
7.7×

Monthly cashflow live

Estimated rent
$1,391 high interval (Pro) →
Mortgage (P&I)
$671
Tax from tax record
$63 /mo · $761/yr
Insurance
$53
HOA
$316
Vacancy / Maint / Mgmt
$292
Net cashflow
$-5

Break-even live

Break-even rent $1,397
Max offer price $127,088
Occupancy floor 95%

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
$32,000
Closing costs
$3,840
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 34 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3504 Van Teylingen Dr Colorado Springs, CO 2.0 2.0 1065 $1,550 $1.46 14d 8 0.18mi
3635 Van Teylingen Dr Unit 3620 Colorado Springs, CO 2.0 2.0 933 $1,200 $1.29 14d 1 0.22mi
3635 Van Teylingen Dr Unit 3645 Colorado Springs, CO 2.0 2.0 933 $1,200 $1.29 23d 1 0.22mi
3310 Knoll Ln Colorado Springs, CO 1.0–3.0 1.0–2.0 1110 $1,683 $1.52 3d 13 0.23mi
3432 Floris Pt Colorado Springs, CO 1.0–2.0 1.0 754 $1,499 $1.99 3d 12 0.30mi
3880 N Academy Blvd Colorado Springs, CO 2.0 1.0–2.0 725 $1,350 $1.86 3d 26 0.32mi
3803 Half Turn Rd Colorado Springs, CO 1.0–2.0 1.0–2.0 698 $1,206 $1.73 3d 12 0.36mi
3335 Austin Bluffs Pkwy Colorado Springs, CO 2.0 1.0 790 $1,250 $1.58 23d 2 0.39mi
3562 N Carefree Cir Colorado Springs, CO 2.0 1.0 890 $1,210 $1.36 3d 24 0.44mi
3780 Rebecca Ln Colorado Springs, CO 1.0–2.0 1.0 675 $1,149 $1.70 3d 10 0.46mi
3413 Parkmoor Village Dr Apt B Colorado Springs, CO 2.0 1.0 850 $1,150 $1.35 23d 1 0.55mi
3688 Parkmoor Village Dr Colorado Springs, CO 1.0–2.0 1.0–2.0 864 $1,179 $1.36 3d 13 0.55mi
3940 Harmony Dr Colorado Springs, CO 1.0–2.0 1.0 590 $1,210 $2.05 3d 3 0.56mi
3865 Village Rd S Unit 3865 Colorado Springs, CO 2.0 1.0 800 $1,150 $1.44 23d 1 0.71mi
4414 Montebello Dr Colorado Springs, CO 1.0–2.0 1.0 744 $1,355 $1.82 3d 8 0.86mi
3835 Radiant Dr Colorado Springs, CO 1.0–2.0 1.0 700 $1,149 $1.64 3d 13 1.15mi
4605 Picturesque Ct Colorado Springs, CO 2.0 1.0 800 $995 $1.24 23d 1 1.15mi
4615 Picturesque Ct Colorado Springs, CO 2.0 1.0 780 $1,195 $1.53 21d 1 1.17mi
4615 Picturesque Ct Colorado Springs, CO 2.0 1.0 780 $1,250 $1.60 3d 1 1.17mi
4857 Sonata Dr Colorado Springs, CO 2.0 1.0 780 $1,995 $2.56 3d 1 1.21mi
4715 Scenic Cir Unit 4 Colorado Springs, CO 2.0 1.0 750 $1,200 $1.60 3d 1 1.24mi
4899 Sonata Dr Colorado Springs, CO 3.0 2.0 1350 $2,650 $1.96 3d 1 1.28mi
4985 El Camino Dr Colorado Springs, CO 1.0–2.0 1.0 620 $1,209 $1.95 3d 13 1.32mi
4801 Pacer Ln Colorado Springs, CO 3.0 2.0 1130 $2,116 $1.87 3d 3 1.34mi
5034 El Camino Dr #45 Colorado Springs, CO 2.0 1.0 760 $1,450 $1.91 3d 1 1.34mi
5030 El Camino Dr Colorado Springs, CO 2.0 1.0 780 $1,362 $1.75 14d 2 1.35mi
5030 El Camino Dr Colorado Springs, CO 1.0–2.0 1.0 664 $1,600 $2.41 3d 2 1.35mi
5038 El Camino Dr Colorado Springs, CO 2.0 1.0 793 $1,175 $1.48 23d 1 1.36mi
4770 Nightingale Dr Colorado Springs, CO 2.0 1.0–2.0 913 $1,462 $1.60 3d 4 1.36mi
2544 Blazek Loop Colorado Springs, CO 2.0 3.0 1088 $2,500 $2.30 23d 1 1.41mi
2446 Blazek Loop Colorado Springs, CO 2.0 3.0 1267 $1,818 $1.43 23d 1 1.43mi
2352 N Circle Dr Unit B Colorado Springs, CO 2.0 1.0 1352 $1,495 $1.11 3d 1 1.45mi
4727 Barnes Rd Colorado Springs, CO 3.0 2.0 1228 $1,995 $1.62 3d 1 1.47mi
4675 Templeton Park Cir Colorado Springs, CO 1.0–2.0 1.0–2.0 881 $1,605 $1.82 3d 10 1.48mi

HOA detail

Monthly dues
$316 · $3,792/yr
Likely covers
poolparking

Listing history 31 events

  1. 2026-06-18
    price $128,000 Active 133 DOM
  2. 2026-06-18
    days on market $274,500 Active 133 DOM
  3. 2026-06-17
    days on market $274,500 Active 132 DOM
  4. 2026-06-16
    days on market $274,500 Active 131 DOM
  5. 2026-06-15
    days on market $274,500 Active 130 DOM
  6. 2026-06-14
    days on market $274,500 Active 128 DOM
  7. 2026-06-10
    days on market $274,500 Active 125 DOM
  8. 2026-06-09
    days on market $274,500 Active 124 DOM
  9. 2026-06-08
    days on market $274,500 Active 123 DOM
  10. 2026-06-07
    days on market $274,500 Active 122 DOM
  11. 2026-06-05
    days on market $274,500 Active 119 DOM
  12. 2026-06-03
    days on market $274,500 Active 118 DOM
  13. 2026-06-03
    days on market $274,500 Active 117 DOM
  14. 2026-06-01
    days on market $274,500 Active 116 DOM
  15. 2026-05-31
    days on market $274,500 Active 115 DOM
  16. 2026-02-05
    listed $274,500 Active 1458-char remark
    Show marketing remark (1437 chars)

    Welcome to this beautifully updated 2-bedroom, 2-bath townhome in the desirable Victoria Village community. Thoughtfully designed across two levels, the open main floor features wood-style flooring, recessed lighting, and a striking stone-accented fireplace that creates a warm and inviting living space. French doors lead to the back patio, offering seamless indoor-outdoor flow perfect for relaxing or entertaining. The kitchen is both stylish and functional, complete with stainless steel appliances, granite countertops, a subway tile backsplash, abundant cabinetry, a pantry, and a convenient breakfast bar. A powder room, stacked laundry area, and smart under-stair storage add everyday practicality. Upstairs, the spacious primary bedroom serves as a private retreat with vaulted ceilings, two generous closets-including a walk-in-and direct access to the beautifully remodeled bathroom with dual sinks and a tub/shower combination. A second bedroom provides flexibility for guests, a home office, or additional living space. Step outside to enjoy a covered patio with a private storage room and access to the community's open green space. Residents also benefit from assigned parking and a refreshing outdoor pool. Ideally located near Palmer Park with easy access to trails, shopping, dining, and everyday conveniences, this home offers the perfect blend of comfort and lifestyle. Don't miss the opportunity to make it yours!

  17. 2026-02-05
    listed $274,500 Active 1437-char remark
    Show marketing remark (1437 chars)

    Welcome to this beautifully updated 2-bedroom, 2-bath townhome in the desirable Victoria Village community. Thoughtfully designed across two levels, the open main floor features wood-style flooring, recessed lighting, and a striking stone-accented fireplace that creates a warm and inviting living space. French doors lead to the back patio, offering seamless indoor-outdoor flow perfect for relaxing or entertaining. The kitchen is both stylish and functional, complete with stainless steel appliances, granite countertops, a subway tile backsplash, abundant cabinetry, a pantry, and a convenient breakfast bar. A powder room, stacked laundry area, and smart under-stair storage add everyday practicality. Upstairs, the spacious primary bedroom serves as a private retreat with vaulted ceilings, two generous closets-including a walk-in-and direct access to the beautifully remodeled bathroom with dual sinks and a tub/shower combination. A second bedroom provides flexibility for guests, a home office, or additional living space. Step outside to enjoy a covered patio with a private storage room and access to the community's open green space. Residents also benefit from assigned parking and a refreshing outdoor pool. Ideally located near Palmer Park with easy access to trails, shopping, dining, and everyday conveniences, this home offers the perfect blend of comfort and lifestyle. Don't miss the opportunity to make it yours!

  18. 2026-02-05
    listed $274,500 Active 1437-char remark
    Show marketing remark (1437 chars)

    Welcome to this beautifully updated 2-bedroom, 2-bath townhome in the desirable Victoria Village community. Thoughtfully designed across two levels, the open main floor features wood-style flooring, recessed lighting, and a striking stone-accented fireplace that creates a warm and inviting living space. French doors lead to the back patio, offering seamless indoor-outdoor flow perfect for relaxing or entertaining. The kitchen is both stylish and functional, complete with stainless steel appliances, granite countertops, a subway tile backsplash, abundant cabinetry, a pantry, and a convenient breakfast bar. A powder room, stacked laundry area, and smart under-stair storage add everyday practicality. Upstairs, the spacious primary bedroom serves as a private retreat with vaulted ceilings, two generous closets-including a walk-in-and direct access to the beautifully remodeled bathroom with dual sinks and a tub/shower combination. A second bedroom provides flexibility for guests, a home office, or additional living space. Step outside to enjoy a covered patio with a private storage room and access to the community's open green space. Residents also benefit from assigned parking and a refreshing outdoor pool. Ideally located near Palmer Park with easy access to trails, shopping, dining, and everyday conveniences, this home offers the perfect blend of comfort and lifestyle. Don't miss the opportunity to make it yours!

  19. 2026-02-05
    historical $274,500 1437-char remark
    Show marketing remark (1437 chars)

    Welcome to this beautifully updated 2-bedroom, 2-bath townhome in the desirable Victoria Village community. Thoughtfully designed across two levels, the open main floor features wood-style flooring, recessed lighting, and a striking stone-accented fireplace that creates a warm and inviting living space. French doors lead to the back patio, offering seamless indoor-outdoor flow perfect for relaxing or entertaining. The kitchen is both stylish and functional, complete with stainless steel appliances, granite countertops, a subway tile backsplash, abundant cabinetry, a pantry, and a convenient breakfast bar. A powder room, stacked laundry area, and smart under-stair storage add everyday practicality. Upstairs, the spacious primary bedroom serves as a private retreat with vaulted ceilings, two generous closets-including a walk-in-and direct access to the beautifully remodeled bathroom with dual sinks and a tub/shower combination. A second bedroom provides flexibility for guests, a home office, or additional living space. Step outside to enjoy a covered patio with a private storage room and access to the community's open green space. Residents also benefit from assigned parking and a refreshing outdoor pool. Ideally located near Palmer Park with easy access to trails, shopping, dining, and everyday conveniences, this home offers the perfect blend of comfort and lifestyle. Don't miss the opportunity to make it yours!

  20. 2025-05-02
    soldstatus $274,500
  21. 2025-05-01
    soldstatus $274,500 Sold
  22. 2025-04-08
    historical
  23. 2025-04-04
    listed $285,000 Active
  24. 2021-04-06
    soldstatus $245,000
  25. 2021-03-06
    price $250,000
  26. 2021-02-16
    price $270,000
  27. 2016-08-15
    soldstatus $127,000
  28. 2013-05-31
    soldstatus $100,000
  29. 2001-12-10
    soldstatus $101,000
  30. 2000-09-22
    soldstatus $91,000
  31. 1996-05-29
    soldstatus $74,000

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

Tax reassessment forecast CO · Resets to sale price

Current annual tax
$761 · $63/mo
Projected year-2 tax
$761 · $63/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 2/10 Low 7 d/yr ≥88°F today · 19 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$16,692
− Mortgage interest
−$7,170
− Property taxes
−$761
− Insurance
−$640
− Repairs & maintenance
−$1,335
− Management
−$1,335
− HOA
−$3,792
− Depreciation
−$3,724
Taxable loss
−$2,066
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$496
After-tax cash flow
$434/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)
30,398
Household income
$72,991
Rent vs Own
41.4% rent · 58.6% own
Severe rent burden
1620.0

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 (71%)
Race & ethnicity
White 71% Hispanic / Latino 17% Two or more races 13% Black 5% Asian 2% Native American 1%
Hispanic origin (detail)
Mexican 10% Puerto Rican 2%
Common ancestry
Romanian 3% Italian 3% Lithuanian 2%
Foreign-born
6% · Canada, South Korea
Languages at home
90% English-only · Spanish 5% Tagalog/Filipino 1% Russian/Polish/Slavic 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
▼ -337.71%
Current HPI
273.4838
Rent YoY
▼ -4.02%
Metro
Colorado Springs, CO
State GDP YoY
▲ 1.95%
F500 in state
14

Industry mix (Fortune 500 HQ in CO)

Industry F500 HQs Revenue

Price history

+270.9% since first listed
16 events — show timeline
  • 2026-02-05 Listed $274,500 elevateMLS
  • 2026-02-05 Listed $274,500 IRES
  • 2026-02-05 Listed $274,500 REColorado as Distributed by MLS Grid
  • 2026-02-05 Coming Soon $274,500 REColorado as Distributed by MLS Grid
  • 2025-05-02 Sold (Public Records) $274,500 Public Records
  • 2025-05-01 Sold (MLS) $274,500 elevateMLS
  • 2025-04-08 Delisted elevateMLS
  • 2025-04-04 Listed $285,000 elevateMLS
  • 2021-04-06 Sold (Public Records) $245,000 Public Records
  • 2021-03-06 Price Changed $250,000 elevateMLS
  • 2021-02-16 Price Changed $270,000 elevateMLS
  • 2016-08-15 Sold (Public Records) $127,000 Public Records
  • 2013-05-31 Sold (Public Records) $100,000 Public Records
  • 2001-12-10 Sold (Public Records) $101,000 Public Records
  • 2000-09-22 Sold (Public Records) $91,000 Public Records
  • 1996-05-29 Sold (Public Records) $74,000 Public Records

Property tax history

+2.6%/yr

Latest (2024): $761 · +16.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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