15805 County Road 245New 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
Rental property for sale in New Castle at 15805 County Road 245, New Castle, CO, 81647 generates $4,302/mo in rent, after a $9,275/mo payment. Total monthly income is $4,302/mo. Return on cash invested sits at 7.19% in year one, and rental yield is 2.72% on a $1,895,000 entry. Equity gained on principal adds $12,228/yr, while 5% annual appreciation builds toward $523,554 over five years. Five-year ROI reaches 34.07% and total cumulative return in cash sums $209,213. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,302/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
39.33 Acres 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: Jack K Pretti • Coldwell Banker Mason Morse-Carbondale
Mls Name: AGSMLS
Mls ID: #188775