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5978 Cumbre Vista Way
D- Composite 38.32
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 +13.0/15.0
  • Cash flow +6.3/30.0
  • Schools +5.1/10.0
  • Appreciation +4.1/10.0
  • Livability +3.9/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.3/5.0
  • 1% rule +0.6/10.0
  • DSCR +0.6/10.0

$500,000

5978 Cumbre Vista Way · Colorado Springs, CO 80924
5 bd · 3.0 ba · 2,444 sqft · SingleFamily public records · 71 Days on market
Built 2011 6,098 sqft lot $205/sqft · 7% below area Est $570k · 12% under $26/mo HOA · 1% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This move-in ready Colorado Springs home by Classic Homes combines thoughtful updates, functional living space, and breathtaking Pikes Peak views in a prime District 20 location. Featuring 5 bedrooms, 3.5 bathrooms, and an open-concept two-story layout, this well-maintained property is designed for comfortable everyday living and easy entertaining. The spacious primary suite offers a true retreat with a luxurious 5-piece bath and panoramic mountain views. Luxury vinyl plank flooring, abundant natural light, fresh interior paint, and new carpet upstairs create a bright and welcoming atmosphere throughout the home. The finished walkout basement adds versatile living space and opens directly to a large lower patio complete with a fire pit—ideal for entertaining, relaxing, or enjoying Colorado evenings outdoors. Mature landscaping enhances privacy while adding exceptional curb appeal. Major systems including the HVAC and roof have been well maintained, providing added confidence for future homeowners. Conveniently located near Powers Boulevard and Woodmen Road, this home offers quick access to shopping, dining, parks, schools, and military bases while delivering the comfort and scenery buyers seek in Colorado Springs real estate.

Key facts

  • 6,098 sq ft lot
  • 2 garage spots
  • Built 2011

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 5-bed/3.0-bath single-family listed at $500k.

Deal economics

  • At list price, monthly cash flow is $-895 ($-11k/yr) — negative.
  • To cash-flow at today's rent, offer at most $342k (31.6% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $282k (43.7% below list).
  • Recommended offer: $282k (43.7% below list) — sets the bar for 1% rule.
  • Cap rate 4.1% vs local median 3.3% in Colorado Springs — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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.
  • Academy School District No. 20 In The County Of El Paso An (urban): math 45% / reading 65% proficiency, ranked #8 of 86 in CO (top 9%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 10% free/reduced lunch — higher-income household profile.
  • Market conditions: Rents soft (-0.8%/yr); 403 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 3,906 units permitted in El Paso County in 2024 (872 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-1.8%/yr); year-one equity from $3k of loan paydown is wiped out by about $9k 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 71 days — a 6% lower offer ($470k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts; this cycle's ask has dropped $50k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $281,635 (43.7% 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 71 days. Have you received any prior offers? Is the seller open to a 44% 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
0.56%
Cap rate
4.14%
Cash-on-cash
-7.68%
DSCR
0.66
GRM
14.8

CMA / ARV

ARV (median comp)
$569,515
List price
$500,000
Delta
-12.21%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
8027 Mount Huron Trl 0.30mi 4/3.0 (-1) 2,590 (+6%) 1mo $588,000 $227 70
5988 Cumbre Vista Way 0.01mi 4/2.5 (-1) 2,772 (+13%) 4mo $500,000 $180 66
8352 James Creek Dr 0.48mi 4/3.0 (-1) 2,578 (+6%) 3mo $490,000 $190 61
8047 Radcliff Dr 0.49mi 4/3.5 (-1) 2,432 (-0%) 12mo $535,000 $220 59
8532 Noreen Falls Dr 0.52mi 4/3.5 (-1) 2,538 (+4%) 8mo $640,000 $252 56
8209 Andrus Dr 0.51mi 4/3.5 (-1) 2,321 (-5%) 13mo $475,000 $205 50
7543 Potomac Dr 0.57mi 4/3.5 (-1) 2,642 (+8%) 6mo $529,000 $200 48
5730 Stable Ct 0.45mi 5/3.5 2,759 (+13%) 13mo $550,000 $199 44
8094 Misty Moon Dr 0.51mi 4/2.5 (-1) 2,723 (+11%) 11mo $560,000 $206 41
8572 Noreen Falls Dr 0.56mi 4/2.0 (-1) 2,177 (-11%) 8mo $620,000 $285 40
8313 Andrus Dr 0.66mi 5/4.0 2,765 (+13%) 12mo $575,000 $208 33
8405 Andrus Dr 0.70mi 4/4.0 (-1) 2,779 (+14%) 6mo $486,062 $175 30

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

Projected returns pro-forma

-1.81% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-22.7%
Equity multiple
0.14×
Total profit
$-121,077
Equity at exit
$101,567
10-year hold
IRR
-20.4%
Equity multiple
-0.35×
Total profit
$-188,558
Equity at exit
$91,088

Cash invested: $140,000 (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 80924

Home prices YoY
-1.0%
Rents YoY
-0.8%
Active inventory
403
Price-to-rent
14.8×

Monthly cashflow live

Estimated rent
$2,816 high interval (Pro) →
Mortgage (P&I)
$2,622
Tax from tax record
$264 /mo · $3,168/yr
Insurance
$208
HOA
$26
Vacancy / Maint / Mgmt
$591
Net cashflow
$-895

Break-even live

Break-even rent $3,950
Max offer price $341,812
Occupancy floor

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
$125,000
Closing costs
$15,000
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 12 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
5662 Stable Ct Colorado Springs, CO 4.0 3.0 2266 $2,800 $1.24 21d 1 0.57mi
5662 Stable Ct Colorado Springs, CO 4.0 3.0 2266 $2,800 $1.24 3d 1 0.57mi
6380 Mirth Ter Colorado Springs, CO 4.0 3.5 1988 $2,822 $1.42 14d 1 0.77mi
6576 White Lodge PT Colorado Springs, CO 1.0–4.0 1.5–2.5 1421 $3,494 $2.46 2d 8 0.80mi
8367 Chasewood Loop Colorado Springs, CO 4.0 2.0 1688 $2,450 $1.45 2d 1 0.83mi
8166 Telegraph Dr Colorado Springs, CO 4.0 3.0 2950 $2,500 $0.85 23d 1 0.94mi
7915 Morning Dew Rd Colorado Springs, CO 4.0 3.5 2887 $3,000 $1.04 2d 1 1.13mi
5733 Pioneer Mesa Dr Colorado Springs, CO 4.0 3.5 2450 $2,470 $1.01 23d 1 1.15mi
7920 Telegraph Dr Colorado Springs, CO 4.0 3.0 2318 $2,395 $1.03 23d 1 1.24mi
9404 Roseate Vw Colorado Springs, CO 4.0 3.0 2212 $3,232 $1.46 23d 1 1.27mi
5942 Finglas Dr Colorado Springs, CO 6.0 3.0 3077 $2,700 $0.88 2d 1 1.36mi
5435 Spoked Wheel Dr Unit NA Colorado Springs, CO 5.0 4.0 2942 $2,625 $0.89 23d 1 1.48mi

HOA detail

Monthly dues
$26 · $312/yr
Likely covers
landscaping

Listing history 25 events

  1. 2026-06-18
    days on market $500,000 Active 71 DOM
  2. 2026-06-17
    days on market $500,000 Active 70 DOM
  3. 2026-06-16
    days on market $500,000 Active 69 DOM
  4. 2026-06-15
    days on market $500,000 Active 68 DOM
  5. 2026-06-14
    pricedays on market $500,000 Active 66 DOM
  6. 2026-06-13
    days on market $524,900 Active 65 DOM
  7. 2026-06-10
    days on market $524,900 Active 63 DOM
  8. 2026-06-09
    days on market $524,900 Active 62 DOM
  9. 2026-06-08
    days on market $524,900 Active 61 DOM
  10. 2026-06-07
    days on market $524,900 Active 60 DOM
  11. 2026-06-05
    days on market $524,900 Active 57 DOM
  12. 2026-06-03
    days on market $524,900 Active 56 DOM
  13. 2026-06-03
    days on market $524,900 Active 55 DOM
  14. 2026-06-01
    days on market $524,900 Active 54 DOM
  15. 2026-05-31
    days on market $524,900 Active 53 DOM
  16. 2026-05-07
    price $535,000 1252-char remark
    Show marketing remark (1251 chars)

    This move-in ready Colorado Springs home by Classic Homes combines thoughtful updates, functional living space, and breathtaking Pikes Peak views in a prime District 20 location. Featuring 5 bedrooms, 3.5 bathrooms, and an open-concept two-story layout, this well-maintained property is designed for comfortable everyday living and easy entertaining. The spacious primary suite offers a true retreat with a luxurious 5-piece bath and panoramic mountain views. Luxury vinyl plank flooring, abundant natural light, fresh interior paint, and new carpet upstairs create a bright and welcoming atmosphere throughout the home. The finished walkout basement adds versatile living space and opens directly to a large lower patio complete with a fire pit—ideal for entertaining, relaxing, or enjoying Colorado evenings outdoors. Mature landscaping enhances privacy while adding exceptional curb appeal. Major systems including the HVAC and roof have been well maintained, providing added confidence for future homeowners. Conveniently located near Powers Boulevard and Woodmen Road, this home offers quick access to shopping, dining, parks, schools, and military bases while delivering the comfort and scenery buyers seek in Colorado Springs real estate.

  17. 2026-05-07
    price $535,000 1252-char remark
    Show marketing remark (1251 chars)

    This move-in ready Colorado Springs home by Classic Homes combines thoughtful updates, functional living space, and breathtaking Pikes Peak views in a prime District 20 location. Featuring 5 bedrooms, 3.5 bathrooms, and an open-concept two-story layout, this well-maintained property is designed for comfortable everyday living and easy entertaining. The spacious primary suite offers a true retreat with a luxurious 5-piece bath and panoramic mountain views. Luxury vinyl plank flooring, abundant natural light, fresh interior paint, and new carpet upstairs create a bright and welcoming atmosphere throughout the home. The finished walkout basement adds versatile living space and opens directly to a large lower patio complete with a fire pit—ideal for entertaining, relaxing, or enjoying Colorado evenings outdoors. Mature landscaping enhances privacy while adding exceptional curb appeal. Major systems including the HVAC and roof have been well maintained, providing added confidence for future homeowners. Conveniently located near Powers Boulevard and Woodmen Road, this home offers quick access to shopping, dining, parks, schools, and military bases while delivering the comfort and scenery buyers seek in Colorado Springs real estate.

  18. 2026-05-07
    price $535,000 1251-char remark
    Show marketing remark (1251 chars)

    This move-in ready Colorado Springs home by Classic Homes combines thoughtful updates, functional living space, and breathtaking Pikes Peak views in a prime District 20 location. Featuring 5 bedrooms, 3.5 bathrooms, and an open-concept two-story layout, this well-maintained property is designed for comfortable everyday living and easy entertaining. The spacious primary suite offers a true retreat with a luxurious 5-piece bath and panoramic mountain views. Luxury vinyl plank flooring, abundant natural light, fresh interior paint, and new carpet upstairs create a bright and welcoming atmosphere throughout the home. The finished walkout basement adds versatile living space and opens directly to a large lower patio complete with a fire pit—ideal for entertaining, relaxing, or enjoying Colorado evenings outdoors. Mature landscaping enhances privacy while adding exceptional curb appeal. Major systems including the HVAC and roof have been well maintained, providing added confidence for future homeowners. Conveniently located near Powers Boulevard and Woodmen Road, this home offers quick access to shopping, dining, parks, schools, and military bases while delivering the comfort and scenery buyers seek in Colorado Springs real estate.

  19. 2026-04-08
    price $540,000 1252-char remark
    Show marketing remark (1252 chars)

    This move-in ready Colorado Springs home by Classic Homes combines thoughtful updates, functional living space, and breathtaking Pikes Peak views in a prime District 20 location. Featuring 5 bedrooms, 3.5 bathrooms, and an open-concept two-story layout, this well-maintained property is designed for comfortable everyday living and easy entertaining. The spacious primary suite offers a true retreat with a luxurious 5-piece bath and panoramic mountain views. Luxury vinyl plank flooring, abundant natural light, fresh interior paint, and new carpet upstairs create a bright and welcoming atmosphere throughout the home. The finished walkout basement adds versatile living space and opens directly to a large lower patio complete with a fire pit—ideal for entertaining, relaxing, or enjoying Colorado evenings outdoors. Mature landscaping enhances privacy while adding exceptional curb appeal. Major systems including the HVAC and roof have been well maintained, providing added confidence for future homeowners. Conveniently located near Powers Boulevard and Woodmen Road, this home offers quick access to shopping, dining, parks, schools, and military bases while delivering the comfort and scenery buyers seek in Colorado Springs real estate.

  20. 2026-04-08
    price $540,000 1252-char remark
    Show marketing remark (1252 chars)

    This move-in ready Colorado Springs home by Classic Homes combines thoughtful updates, functional living space, and breathtaking Pikes Peak views in a prime District 20 location. Featuring 5 bedrooms, 3.5 bathrooms, and an open-concept two-story layout, this well-maintained property is designed for comfortable everyday living and easy entertaining. The spacious primary suite offers a true retreat with a luxurious 5-piece bath and panoramic mountain views. Luxury vinyl plank flooring, abundant natural light, fresh interior paint, and new carpet upstairs create a bright and welcoming atmosphere throughout the home. The finished walkout basement adds versatile living space and opens directly to a large lower patio complete with a fire pit—ideal for entertaining, relaxing, or enjoying Colorado evenings outdoors. Mature landscaping enhances privacy while adding exceptional curb appeal. Major systems including the HVAC and roof have been well maintained, providing added confidence for future homeowners. Conveniently located near Powers Boulevard and Woodmen Road, this home offers quick access to shopping, dining, parks, schools, and military bases while delivering the comfort and scenery buyers seek in Colorado Springs real estate.

  21. 2026-04-08
    listed $550,000 Active 1252-char remark
    Show marketing remark (1252 chars)

    This move-in ready Colorado Springs home by Classic Homes combines thoughtful updates, functional living space, and breathtaking Pikes Peak views in a prime District 20 location. Featuring 5 bedrooms, 3.5 bathrooms, and an open-concept two-story layout, this well-maintained property is designed for comfortable everyday living and easy entertaining. The spacious primary suite offers a true retreat with a luxurious 5-piece bath and panoramic mountain views. Luxury vinyl plank flooring, abundant natural light, fresh interior paint, and new carpet upstairs create a bright and welcoming atmosphere throughout the home. The finished walkout basement adds versatile living space and opens directly to a large lower patio complete with a fire pit—ideal for entertaining, relaxing, or enjoying Colorado evenings outdoors. Mature landscaping enhances privacy while adding exceptional curb appeal. Major systems including the HVAC and roof have been well maintained, providing added confidence for future homeowners. Conveniently located near Powers Boulevard and Woodmen Road, this home offers quick access to shopping, dining, parks, schools, and military bases while delivering the comfort and scenery buyers seek in Colorado Springs real estate.

  22. 2026-04-08
    listed $550,000 Active 1252-char remark
    Show marketing remark (1252 chars)

    This move-in ready Colorado Springs home by Classic Homes combines thoughtful updates, functional living space, and breathtaking Pikes Peak views in a prime District 20 location. Featuring 5 bedrooms, 3.5 bathrooms, and an open-concept two-story layout, this well-maintained property is designed for comfortable everyday living and easy entertaining. The spacious primary suite offers a true retreat with a luxurious 5-piece bath and panoramic mountain views. Luxury vinyl plank flooring, abundant natural light, fresh interior paint, and new carpet upstairs create a bright and welcoming atmosphere throughout the home. The finished walkout basement adds versatile living space and opens directly to a large lower patio complete with a fire pit—ideal for entertaining, relaxing, or enjoying Colorado evenings outdoors. Mature landscaping enhances privacy while adding exceptional curb appeal. Major systems including the HVAC and roof have been well maintained, providing added confidence for future homeowners. Conveniently located near Powers Boulevard and Woodmen Road, this home offers quick access to shopping, dining, parks, schools, and military bases while delivering the comfort and scenery buyers seek in Colorado Springs real estate.

  23. 2026-04-07
    historical $550,000 1252-char remark
    Show marketing remark (1252 chars)

    This move-in ready Colorado Springs home by Classic Homes combines thoughtful updates, functional living space, and breathtaking Pikes Peak views in a prime District 20 location. Featuring 5 bedrooms, 3.5 bathrooms, and an open-concept two-story layout, this well-maintained property is designed for comfortable everyday living and easy entertaining. The spacious primary suite offers a true retreat with a luxurious 5-piece bath and panoramic mountain views. Luxury vinyl plank flooring, abundant natural light, fresh interior paint, and new carpet upstairs create a bright and welcoming atmosphere throughout the home. The finished walkout basement adds versatile living space and opens directly to a large lower patio complete with a fire pit—ideal for entertaining, relaxing, or enjoying Colorado evenings outdoors. Mature landscaping enhances privacy while adding exceptional curb appeal. Major systems including the HVAC and roof have been well maintained, providing added confidence for future homeowners. Conveniently located near Powers Boulevard and Woodmen Road, this home offers quick access to shopping, dining, parks, schools, and military bases while delivering the comfort and scenery buyers seek in Colorado Springs real estate.

  24. 2026-04-06
    listed $540,000 Active 1251-char remark
    Show marketing remark (1251 chars)

    This move-in ready Colorado Springs home by Classic Homes combines thoughtful updates, functional living space, and breathtaking Pikes Peak views in a prime District 20 location. Featuring 5 bedrooms, 3.5 bathrooms, and an open-concept two-story layout, this well-maintained property is designed for comfortable everyday living and easy entertaining. The spacious primary suite offers a true retreat with a luxurious 5-piece bath and panoramic mountain views. Luxury vinyl plank flooring, abundant natural light, fresh interior paint, and new carpet upstairs create a bright and welcoming atmosphere throughout the home. The finished walkout basement adds versatile living space and opens directly to a large lower patio complete with a fire pit—ideal for entertaining, relaxing, or enjoying Colorado evenings outdoors. Mature landscaping enhances privacy while adding exceptional curb appeal. Major systems including the HVAC and roof have been well maintained, providing added confidence for future homeowners. Conveniently located near Powers Boulevard and Woodmen Road, this home offers quick access to shopping, dining, parks, schools, and military bases while delivering the comfort and scenery buyers seek in Colorado Springs real estate.

  25. 2006-10-27
    soldstatus $1,600,000

ⓘ 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
$3,168 · $264/mo
Projected year-2 tax
$3,168 · $264/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 ≥86°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$33,796
− Mortgage interest
−$28,008
− Property taxes
−$3,168
− Insurance
−$2,500
− Repairs & maintenance
−$2,704
− Management
−$2,704
− HOA
−$312
− Depreciation
−$14,545
Taxable loss
−$20,144
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$4,835
After-tax cash flow
$-5,911/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
Academy School District No. 20 In The County Of El Paso An
NCES district ID
0801920
Math proficiency
45% ▼ -5.00%
Reading proficiency
65% ▲ 1.00%
Median HH income
$89,325
Composite
50.62/100
National rank
#1840
State rank
#8 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)
19,619
Household income
$139,447
Rent vs Own
34.3% rent · 65.7% own
Severe rent burden
464.0

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 (74%)
Race & ethnicity
White 74% Two or more races 10% Hispanic / Latino 9% Asian 5% Black 4%
Hispanic origin (detail)
Mexican 6%
Common ancestry
Italian 5% Slovak 3% Romanian 2%
Foreign-born
8% · Canada, South Korea, China
Languages at home
89% English-only · Other Indo-European 3% Spanish 3% German/W. Germanic 2%

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
▼ -1.81%
Current HPI
180.049
Rent YoY
▼ -0.85%
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

-66.6% since first listed
10 events — show timeline
  • 2026-05-07 Price Changed $535,000 IRES
  • 2026-05-07 Price Changed $535,000 REColorado as Distributed by MLS Grid
  • 2026-05-07 Price Changed $535,000 elevateMLS
  • 2026-04-08 Price Changed $540,000 IRES
  • 2026-04-08 Price Changed $540,000 REColorado as Distributed by MLS Grid
  • 2026-04-08 Listed $550,000 IRES
  • 2026-04-08 Listed $550,000 REColorado as Distributed by MLS Grid
  • 2026-04-07 Coming Soon $550,000 REColorado as Distributed by MLS Grid
  • 2026-04-06 Listed $540,000 elevateMLS
  • 2006-10-27 Sold (Public Records) $1,600,000 Public Records

Property tax history

+3.6%/yr

Latest (2024): $3,168 · +1.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…