0 Spring StreetPalmer LakeCO80133
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Palmer Lake at 0 Spring Street, Palmer Lake, CO, 80133 offers a 9.72% rental yield on a $225,000 purchase with $1,823/mo rent. Total monthly income registers $1,823/mo, and a $1,101/mo payment leaves $512/mo available for distribution. Annual cash flow reaches $6,144/yr on $74,588 to close, and return on cash invested stands at 28.15% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 146.53% and total cumulative return in cash at $109,293. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,823/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Lot
Built in N/A
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80133, Palmer Lake, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,122 (100%) |
| Owner Occupied HU | 915 (81.6%) |
| Renter Occupied HU | 137 (12.2%) |
| Vacant Housing Units | 70 ( 6.2%) |
| Median Home Value | $693,403 |
| Average Home Value | $752,503 |
Housing Distribution
Address Breakdown
Residential
336
Single Family
336
Multi-Family
0
Businesses
170
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Nearby investment properties with comparable prices
Listed by: Tricia Flake • Main Street Brokers
Mls Name: REcolorado
Mls Provider:
Mls ID: #4738174
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