12450 Castle Rock RdDel NorteCO81132
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 Del Norte at 12450 Castle Rock Rd, Del Norte, CO, 81132 uses $74,588 cash to close to unlock $3,132/yr annual cash flow and $261/mo monthly cash flow. Total monthly income runs $1,572/mo, and a $1,101/mo payment keeps the spread at $261/mo. Purchase price stands at $225,000, and rental yield measures 8.38% with $1,572/mo rent. Return on cash invested shows 24.11% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 124.87% and total cumulative return in cash records $93,141. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,572/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81132, Del Norte, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,627 (100%) |
| Owner Occupied HU | 767 (47.1%) |
| Renter Occupied HU | 414 (25.4%) |
| Vacant Housing Units | 446 (27.4%) |
| Median Home Value | $221,181 |
| Average Home Value | $365,349 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,397
Multi-Family
6
Businesses
129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bruce Steffens • Steffens and Company Realty, Inc
Mls Name: CREN
Mls Provider:
Mls ID: #816544
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.