1598 Jicarilla TrlRed 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 1598 Jicarilla Trl, Red Feather Lakes, CO, 80545 priced at $429,900 converts $1,320/mo rent into after a $2,104/mo obligation. Total monthly income equals $1,320/mo. Return on cash invested prints 8.71% in year one, and rental yield reads 3.68% against a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation compiles into $118,773 by year five. Five-year ROI reaches 42.79% and total cumulative return in cash sums $60,979. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,320/mo property income covering a $2,104/mo payment, not borrower’s personal income.
Single Family
Built in 1985
2.97 Acres lot
$N/A/sqft
$1,734 annually 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: David W Birks • Lone Pine Realty
Mls Name: IRES
Mls Provider:
Mls ID: #1029255
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' 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 deemed reliable but not guaranteed by the MLS.