114 Vale StPalmer LakeCO80133
Nearby investment properties with comparable rents
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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 Palmer Lake at 114 Vale St, Palmer Lake, CO, 80133 priced at $385,000 converts $2,556/mo rent into $73/mo cash flow after a $1,884/mo obligation. Total monthly income equals $2,556/mo, and annual cash flow totals $872/yr on $127,628 invested. Return on cash invested prints 20.59% in year one, and rental yield reads 7.97% against a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,368 by year five. Five-year ROI reaches 106.85% and total cumulative return in cash sums $136,366. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,556/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Townhouse
Built in 2003
0.10 sqft lot
$N/A/sqft
$240 monthly 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: Aimee Fletcher CLHMS GRI • Exp Realty LLC
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #8272943
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