132 Nicola WayRed Feather LakesCO80545
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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 Red Feather Lakes at 132 Nicola Way, Red Feather Lakes, CO, 80545 offers $2,219/mo rent that, after a $2,922/mo payment. Total monthly income is $2,219/mo. Return on cash invested measures 12.36% in year one, and rental yield stands at 4.46% at a $597,000 entry. Equity gained on principal adds $3,852/yr while 5% annual appreciation compounds into $164,940 by year five. Five-year ROI records 61.85% and total cumulative return in cash reaches $121,482. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,219/mo property income versus a $2,922/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
3.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80545, Red Feather Lakes, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,003 (100%) |
| Owner Occupied HU | 474 (23.7%) |
| Renter Occupied HU | 52 ( 2.6%) |
| Vacant Housing Units | 1,477 (73.7%) |
| Median Home Value | $628,995 |
| Average Home Value | $666,872 |
Housing Distribution
Address Breakdown
Residential
344
Single Family
344
Multi-Family
0
Businesses
43
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Listed by: Joshua Collins • Colorado Highlands Realty LLC
Mls Name: IRES
Mls ID: #1047207