100 Apple DrNew CastleCO81647
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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
Rental property for sale in New Castle at 100 Apple Dr, New Castle, CO, 81647 offers $2,724/mo rent that, after a $1,620/mo payment, leaves $795/mo cash flow. Total monthly income is $2,724/mo, and annual cash flow is $9,541/yr on $109,727 cash. Return on cash invested measures 28.6% in year one, and rental yield stands at 9.88% at a $331,000 entry. Equity gained on principal adds $2,136/yr while 5% annual appreciation compounds into $91,449 by year five. Five-year ROI records 149.03% and total cumulative return in cash reaches $163,525. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,724/mo property income versus a $1,620/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81647, New Castle, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,938 (100%) |
| Owner Occupied HU | 2,067 (70.4%) |
| Renter Occupied HU | 744 (25.3%) |
| Vacant Housing Units | 127 ( 4.3%) |
| Median Home Value | $520,562 |
| Average Home Value | $531,715 |
Housing Distribution
Address Breakdown
Residential
2,696
Single Family
2,696
Multi-Family
0
Businesses
234
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Listed by: Kehaulani Rust • Western Slope Real Estate
Mls Name: AGSMLS
Mls ID: #188211
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.