Selected for the Terner Labs Housing Venture Lab

1130 Valley Manor Court, Colorado Springs, CO 80906

Active
Listed 48 days ago
Owner-Occupant Eligible
$459,000

About $1,238 a month to live here, after the rent from the other home.

Duplex2,595 sqft5 beds3 bathsListed Sep 25, 2026

A duplex. Live in one home and rent out the other. How it works

Live here for about

$1,238a month

The other home rents for $1,735. We hold back $286 of that for repairs and an empty month, and the rest goes toward a $2,687 monthly payment.

Income to qualify: about $59,000 a year

With how much down?

At 20% down ($91,800) and 5.6%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $63,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$16,065 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Unique investment opportunity on an almost half-acre, fully fenced cul-de-sac lot! This extensively updated ranch-style property offers two separate living units, providing excellent rental income and flexibility. Unit B features three bedrooms and two bathrooms, while Unit A offers two bedrooms and one bathroom. Each unit has its own living space, kitchen, and washer/dryer hookups. Both units are currently occupied by reliable tenants and generating strong rental income. Recent updates include newer Luxury Vinyl Plank flooring, texture and paint, upgraded bathrooms and fixtures, appliances, doors, and lighting. The property also features two newer furnaces and two newer water heaters. Exterior improvements include newer roofs on all three structures, updated vinyl windows, and an oversized 24' x 30' detached garage with new wiring. Conveniently located near Fort Carson, with easy access to major roadways, dining, shopping, and entertainment. A rare opportunity to own an updated, income-producing property with two separate units, a large lot, and an oversized detached garage.

Duplex

Property Type

2000

Year Built

Listing Date: 09/25/2026

Listed by: Heidi Torkashvand

Listing office: Springs Real Estate Brokers

Contact: 719-360-8976

Source: REcolorado #4100906

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$459,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$459,000
Your Down Payment$91,800
Financed$367,200
Estimated Monthly Payment$2,687

Before rent: principal and interest at 5.6% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($91,800) and 5.6%, 30-year fixed. Your rate and down payment change this.

Current Rent
Estimated Monthly Payment (Before Rental Income)
$2,687/month
Principal + Interest
$2,108
Property Taxes
$175
Home Insurance
$404
Rental Income (1 Unit)
$1,735/month

From the listing description.

Rental Expenses
-$286
Cost to live here
$1,238/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

REcolorado logo

MLS# 4100906 · Listing office: Springs Real Estate Brokers

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