5978 Cumbre Vista Way · Colorado Springs, CO
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 5/10 · Moderate
- Est. fire insurance / yr
- $939 – $1,743
Heat risk 2/10 · Minimal
- Hot days now (above 86°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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.
Questions for the listing agent
- 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?
- 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?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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?
- 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.
- 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.
- 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
- IRR
- -22.7%
- Equity multiple
- 0.14×
- Total profit
- $-121,077
- Equity at exit
- $101,567
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-18days on market $500,000 Active 71 DOM
-
2026-06-17days on market $500,000 Active 70 DOM
-
2026-06-16days on market $500,000 Active 69 DOM
-
2026-06-15days on market $500,000 Active 68 DOM
-
2026-06-14pricedays on market $500,000 Active 66 DOM
-
2026-06-13days on market $524,900 Active 65 DOM
-
2026-06-10days on market $524,900 Active 63 DOM
-
2026-06-09days on market $524,900 Active 62 DOM
-
2026-06-08days on market $524,900 Active 61 DOM
-
2026-06-07days on market $524,900 Active 60 DOM
-
2026-06-05days on market $524,900 Active 57 DOM
-
2026-06-03days on market $524,900 Active 56 DOM
-
2026-06-03days on market $524,900 Active 55 DOM
-
2026-06-01days on market $524,900 Active 54 DOM
-
2026-05-31days on market $524,900 Active 53 DOM
-
2026-05-07price $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.
-
2026-05-07price $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.
-
2026-05-07price $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.
-
2026-04-08price $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.
-
2026-04-08price $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.
-
2026-04-08$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.
-
2026-04-08$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.
-
2026-04-07historical $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.
-
2026-04-06$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.
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2006-10-27soldstatus $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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
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
- 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
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
- 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 |
|---|---|---|
| Technology Distribution | 1 | $31B |
|
||
| Food / Agriculture | 1 | $18B |
|
||
| Packaging | 1 | $14B |
|
||
| Healthcare | 1 | $13B |
|
||
| Energy | 1 | $10B |
|
||
| Technology | 1 | $4B |
|
||
Price history
-66.6% since first listed10 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%/yrLatest (2024): $3,168 · +1.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…