2907 Roche Dr N Colorado Springs, CO 80918

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3 beds · 3 baths · 1,788 sq ft · Lot Size: 8,300 sq ft · Single Family Home · Norwood
Est. Property Value: $424,396

High Demand Long-Term RentalValued below Market MedianLarge Lot AdvantageOwned for Less Than 5 YearsOwner Age 65 - 75

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2907 Roche Dr N is in the Norwood neighborhood of Colorado Springs, CO. It is located in El Paso County and ZIP code 80918. This Single Family Home was built in 1976 and is approximately 49 years old. The single family home spans 1788 sq ft with 3 bedrooms and 3 bathrooms and sits on a 8300 sq ft lot. According to public records, it was last sold in 2024 for $525,000 and has a tax-assessed value of $446,849, which is $237 per sq ft. The Norwood area of Colorado Springs has 35 residential homes with an average size of 2104 sq ft. Analyze and compare real estate investment strategies for properties like this home at 2907 Roche Dr N Colorado Springs, CO 80918 with Property Intel by Whitepages.

2907 Roche Dr N

Colorado Springs, CO 80918

Owner Info

Owners & Occupancy for 2907 Roche Dr N

This property is owned by Michael Jerome Odowd. Owner contact information includes 11 phone numbers and 5 email addresses.

Property Owners

Cell Phone(303) ***-****View Cell Phone
Residence*************
Landline(303) 797-9068
Distance from Property**********
Email Address*********@msn.comView Email
View All Owner Info

Occupancy

Resident 1***********************
Resident 2****************** age 38
Resident 3********************* age 29
Resident 4********************** age 91

Property Financials for 2907 Roche Dr N

2907 Roche Dr N, Colorado Springs, CO has a mortgage from United Wholesale Mtg (orig. February 23, 2024). The El Paso county assessment for 2023 values it at $446,849, with annual taxes of $1,304.

Mortgage & Equity Information

Loan Amount$******
LenderUnited Wholesale Mtg
Origination DateFebruary 23, 2024
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateFebruary 23, 2024
Property Tax Amount$1,304 in 2023
Purchase Price$525,000
Assessed Value$446,849 on 2023

Investment Potential for 2907 Roche Dr N

The property has a current estimated value of $424,396, which is 17% below the neighborhood median, based on public records. It last sold on February 23, 2024 for $525K. Projected long-term
is $27,000 annually ($2,250 per month) with a 95% occupancy rate.

Discover more Single Family Homes in Norwood.
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Long-Term

Gross Rental
$27,000 per year($2,250 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
View Cap Rate
Occupancy Rate
95%in 80918 zip code
 
View Rental Potential

Property Details for 2907 Roche Dr N

Property Details

Property Sq Ft

Living Area

1,788 sq ft

15% below market

Lot Size

8,300 sq ft

28% above market

Price Per Sq Ft

Living Area

$237 / sq ft

11% below market

Lot Size Area

$51 / sq ft

31% below market

Property condition, age, exterior, etc. for 2907 Roche…
Longitude: -104.774152 Latitude: 38.917211 Parcel Number (APN): 63153-16-012…

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    4 beds · 3 baths · 1,910 sq ft · Built: 1975

Market Benchmarks

Compare data for 2907 Roche Dr N in El Paso County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$424,396
$523,453
-$99,057 (-19%)
$******
$647,921
-$121,545 (-19%)
YoY Price Change
—
—
—
Year Built
1976
1987
-11 years
Living Space
1,788 sq ft
1,760 sq ft
28 (2%)
$ Per Living Sq Ft
$237
$295
-$58 (-20%)
Lot Size
8,300 sq ft
7,791 sq ft
509 (7%)
$ Per Lot Sq Ft
$51
$65
-$14 (-21%)

Net Operating Income
$*****
$22,911
-$3,907 (-17%)
Annual Revenue
$27,000
$34,200
-$7,200 (-21%)
$****
$11,015
-$3,019 (-27%)
Net Operating Income
$*****
$22,911
-$3,907 (-17%)
Cap Rate
****%
4.33%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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