Pays for itselfFits 3 partner lending programs

409 Burlington Ave, Colorado Springs, CO 80905

Colorado Springs, CO 80905 · 3 bd · 1 ba · 894 sqft · Single Family · 67 days on market

The math, in full

Asking price
$268,000
Down payment (15%)
$40,200
Loan amount
$227,800
Est. monthly rent
$2,158/mo
Range $1,834–$2,482/mo
Monthly payment, all-in
$1,800/mo
Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR)
1.20
$2,158 rent ÷ $1,800 payment
Monthly cashflow
+$358/mo
What's left after the payment

Where the rent number comes from

Median asking rent for 3-bedroom homes in zip 80905, from current market comps — not a per-property guess. High confidence — plenty of comparable rentals in this zip.

Cash to start

$40,200

15% down on $268,000

Clayhouse Mortgage — ColoradoYour local lender
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No credit pull. No obligation. A loan officer confirms real terms within one business day.

  • Screened against real lending criteria — this one fits 3 programs.
  • Qualifies on the property's rent — no W-2 or tax returns.
  • Listing data verified as of June 8, 2026.

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Rent, payment, and cashflow figures are estimates based on current market data and business-purpose investment-loan criteria, for non-owner-occupied property. Not a commitment to lend, not financial advice, and not an offer of any specific loan or property. Listing data may change; properties may sell. All terms confirmed by a loan officer and subject to underwriting and appraisal.