12205 Forest Green DrElbertCO80106
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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
Investment property for sale in Elbert at 12205 Forest Green Dr, Elbert, CO, 80106 offers a 19.95% rental yield on a $169,900 purchase with $2,824/mo rent. Total monthly income registers $2,824/mo, and a $832/mo payment leaves $1,756/mo available for distribution. Annual cash flow reaches $21,072/yr on $56,322 to close, and return on cash invested stands at 57.32% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 303.59% and total cumulative return in cash at $170,990. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,824/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Lot
Built in N/A
5.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80106, Elbert, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,835 (100%) |
| Owner Occupied HU | 1,623 (88.4%) |
| Renter Occupied HU | 124 ( 6.8%) |
| Vacant Housing Units | 88 ( 4.8%) |
| Median Home Value | $744,600 |
| Average Home Value | $786,647 |
Housing Distribution
Address Breakdown
Residential
1,730
Single Family
1,730
Multi-Family
0
Businesses
46
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Listed by: Bobbi Price • The Platinum Group
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #4296807
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