141 Castle Ridge DrNew 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 141 Castle Ridge Dr, New Castle, CO, 81647 uses $176,015 cash to close to unlock $1,880/yr annual cash flow and $157/mo monthly cash flow. Total monthly income runs $3,275/mo, and a $2,619/mo payment keeps the spread at $157/mo. Purchase price stands at $535,000, and rental yield measures 7.35% with $3,275/mo rent. Return on cash invested shows 21.13% in year one, and 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 108.87% and total cumulative return in cash records $191,632. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,275/mo property income covering a $2,619/mo payment rather than investor’s personal income.
Townhouse
Built in 2007
3,360 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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