1175 S Gilbert StCastle RockCO80104
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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 Castle Rock at 1175 S Gilbert St, Castle Rock, CO, 80104 offers $1,774/mo rent that, after a $1,175/mo payment, leaves $39/mo cash flow. Total monthly income is $1,774/mo, and annual cash flow is $468/yr on $79,560 cash. Return on cash invested measures 20.5% in year one, and rental yield stands at 8.87% at a $240,000 entry. Equity gained on principal adds $1,549/yr while 5% annual appreciation compounds into $66,308 by year five. Five-year ROI records 107.35% and total cumulative return in cash reaches $85,406. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,774/mo property income versus a $1,175/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
$336 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80104, Castle Rock, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,834 (100%) |
| Owner Occupied HU | 12,170 (76.9%) |
| Renter Occupied HU | 3,172 (20.0%) |
| Vacant Housing Units | 492 ( 3.1%) |
| Median Home Value | $668,004 |
| Average Home Value | $726,296 |
Housing Distribution
Address Breakdown
Residential
15,123
Single Family
13,753
Multi-Family
1,370
Businesses
1,393
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Listed by: Jackie Leppert • RE/MAX Alliance-FTC South
Mls Name: IRES
Mls Provider:
Mls ID: #1026944
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' 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 deemed reliable but not guaranteed by the MLS.