1606 Cottonwood Drive Unit 24sLouisvilleCO80027
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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 Louisville at 1606 Cottonwood Drive Unit 24s, Louisville, CO, 80027 earns $107/mo cash flow from $2,070/mo rent with a $1,395/mo payment. Total monthly income totals $2,070/mo, and annual cash flow totals $1,284/yr on $94,478 capital. ROI tracks 21.27% on current figures, and rental yield reads 8.72% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 111.02% and total cumulative return in cash sums $104,886. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,070/mo property income instead of your personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$302 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80027, Louisville, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,451 (100%) |
| Owner Occupied HU | 8,778 (60.7%) |
| Renter Occupied HU | 4,904 (33.9%) |
| Vacant Housing Units | 769 ( 5.3%) |
| Median Home Value | $886,304 |
| Average Home Value | $949,816 |
Housing Distribution
Address Breakdown
Residential
13,773
Single Family
10,625
Multi-Family
3,148
Businesses
1,479
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Listed by: Derek Schulze • Symbio Denver Corp.
Mls Name: REcolorado
Mls Provider:
Mls ID: #9883904
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