131 W Cathedral CtNew 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
Investment property for sale in New Castle at 131 W Cathedral Ct, New Castle, CO, 81647 with 5% annual appreciation on a $565,000 basis while $3,386/mo rent supports operations. Total monthly income totals $3,386/mo and a $2,765/mo payment preserves $94/mo for cash returns. Annual cash flow comes to $1,124/yr on $185,885 deployed, and return on cash invested reaches 20.66% in year one. Equity gained on principal adds $3,646/yr, and five-year appreciation sums $156,099 alongside rental yield of 7.19%. Five-year ROI measures 106.39% and total cumulative return in cash totals $197,763.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,386/mo property income versus a $2,765/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
3,049 sqft 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: Amy Joyce • The Property Shop
Mls Name: AGSMLS
Mls ID: #191317